The departure means state-owned Deutsche Bahn needs to lower its sights on proceeds because Bahri’s offer was the highest
In line with the partnership with Eversendai, Emirates Steel will supply premium steel beams for the construction of the ski village
A subsidiary of Saudi Arabia’s Public Investment Fund (PIF) has unveiled designs of Riyadh’s New Murabba Stadium.
The project, expected to be delivered this year, will improve the stability and reliability of Saudi Arabia’s power grid.
Yasir Al Rumayyan met with high-level officials in China including the minister of commerce and Beijing’s mayor
The agreement between the parties will be ratified at the IOC Session, which will be held on the eve of the Olympic Games in Paris
LinkedIn has a suite of tools that leverage AI to aide job seekers and recruiters make the perfect match
The carrier operates a fleet of 144 aircraft, connecting Saudi Arabia with more than 100 destinations across four continents
The contract was awarded to a joint venture to build educational institutions, cultural venues, offices and a luxury hotel
The investments are part of the conglomerate’s broader strategy to advance digital infrastructure and support the tech transitions
The order includes a logistics support package with spare parts, training services and service support for the new four aircraft
The government sold a 0.64 per cent stake in Aramco last month, with an additional 154 million shares available for stabilising manager Merrill Lynch
Saudi exports to China had tumbled in June, to 1.12 million barrels per day, the lowest since March 2020
The deal includes interline and codeshare connectivity, enhanced loyalty programs, improved customer experience and digital transformation initiatives
Riyadh is the only non-Asian city featured in Savills Growth Hubs Index and its potential is linked to a forecasted 26 per cent population growth
The new facility underscores the group’s strategic vision to tap into the vast growth opportunities in the GCC region’s largest market
GCC companies and governments have rushed to tap debt markets since the start of the year to take advantage of recent falls in global interest rate
The 24 Fintech summit will feature more than 200 expert speakers who will address pressing finance industry issues.
Lucid delivered 2,394 vehicles in the quarter ended June 30, above estimates of 1,940 units.
Saudi Re plans to raise its capital by SAR267.3m ($71m) through this strategic subscription agreement with the kingdom’s sovereign fund
Saudi Energy Minister Prince Abdulaziz bin Salman confirmed the discovery by state oil firm Saudi Aramco
Under Vision 2030, Saudi Arabia has poured hundreds of billions of dollars through the fund into projects, including NEOM
The emphasis on regional travel, unique experiences and budget-friendly options like cruises are set to shape the future of tourism in 2024 and beyond
The development of the Jafurah field is expected to cost $100bn and boost the state energy firm’s gas production by more than 60 per cent by 2030
Saudi fashion designer Ashi has taken inspiration from the 1950s ‘golden era’ of aviation to create the fashion collection that will be worn by staff, including cabin crew
The development of Saudi Arabia’s renewable energy sector is a core objective of Vision 2030, the kingdom’s blueprint for a modern, diversified economy
The debt is rated Aa2, the third-highest investment grade, by Moody’s and one step lower at AA- by Fitch Ratings
The banking group said it was conducting studies on the potential expansion and that these were in line with its strategy envisioning potential investments in the region
The ongoing transformation is being driven by Vision 2030, which aims to deliver more than 660,000 residential units and over 320,000 hotel keys
The supermarket chain plans to expand its presence in Saudi Arabia, with up to 12 new stores scheduled to open in the kingdom by 2028