Domestic deals represented 34 per cent of the total M&A value at $28.4bn while outbound deals led in value at $40.1bn
Prices for US customers were left unchanged
The project marks ACWA Power’s entry into the Central Asian country with an initial investment of $1.5bn
The first wave of supported projects, which will have strategic impact on several economic sectors, will benefit from investments worth SAR192.4bn
The Gulf states are accelerating the decarbonisation of their energy sectors by investing heavily in renewable energy
SABIC, which is majority-owned by Saudi Aramco, said average sale prices dropped 9 per cent from the previous quarter.
Emkan Capital’s technology fund will invest in pre-seed and seed-stage companies with high-growth potential
Mawani said the logistics park is expected to further boost its role as a key player in the national transportation ecosystem
The seven-week programme will be available exclusively through the University of Southern California
The event will take place on March 6 at Riyadh International Convention and Exhibition Center
The kingdom wants to use its energy windfall to accelerate projects that contribute to weaning it off a reliance on oil
The kingdom’s energy minister reiterated that the group’s policies are determined by technical studies of market balances
Premier Inn plans to launch a new, higher-grade room category in the Middle East, as well as more enhancements at its existing properties this year
December was the busiest month of the year, with 7.1 million passengers
The Public Investment Fund owns 8.3 per cent of the Kyoto-based company, according to its latest filing
The new Murabba project will feature a museum, a technology and design university, a multipurpose immersive theater, and more than 80 entertainment and culture venues
The tournament will be held from December 12-22
Expansion comes amid plans to invest up to $20m into the region over the next three years
The transactions are part of the fund’s strategy to enable the kingdom’s strategic sectors
Rayyanah Barnawi and Ali Al Qarni will travel to the International Space Station during the second quarter of 2023
The fund will allocate an amount equalling the net proceeds of the issuance to fund eligible green projects in line with its Green Finance Framework
The second edition welcomed more than 172,000 attendees
UAE serves as the headquarters for Africa and is operated separately from the rest of the Middle East organisation
The fund has already invested in 16 companies and plans to list three of them on the Saudi stock exchange and two in the US next year
The ADX-listed company reported a 15 per cent year-on-year growth in EBITDA, totalling Dhs3.52bn in 2022
Located in Agility Logistics Park, the facility is equipped with over 250 autonomous robots
New deals include the launch of a data centre and two dedicated academies for developing technical skills and unearthing homegrown talent
The inaugural meeting paves way for increased diversity, inclusion and safety in digital ecosystem
Nations should aim to raise spending on technologies including carbon capture, nuclear power and hydrogen, according to Al Jaber
Paul Lalovich, partner at Agile Dynamics shares how Web3 Delight Riyadh is connecting global and local Web3 players for enhanced cooperation opportunities