Through regulatory frameworks and policy initiatives, Saudi Arabia has emerged as a burgeoning hub for digital advancement, writes Tech Mahindra’s COO
Ennismore will take over the management and growth of Our Habitas, integrating it into its global collective of entrepreneurial, founder-built brands
The autonomous flight was conducted by EHang Holdings in collaboration with Saudi-based Front End
A potential Saudi purchase could involve 25 units, and the planemaker expects the country to make a decision in two to four years
The energy transition presents the GCC region with opportunities for climate change mitigation and adaptation as well as economic diversification
Chile is the world’s second-largest producer of lithium
With the addition of the latest Airbus A320neo, the carrier has increased its fleet size to 33 narrowbody jets
Capella’s renowned wellness experiences are tailored to individual needs and utilise lunar phases as a guiding principle
The final offer price was set at SAR7.50 per share, at the top end of the price range, raising gross proceeds of approximately SAR900m
For Qatar, a top liquefied natural gas exporter, it is a chance to strengthen ties with its Arab neighbour, as well as try to diversify its economy
July exports are expected to be down from about 39 million barrels in June, possibly the lowest levels for the year, say reports
This marks Blinken’s eighth trip to the region since the conflict erupted in October 2023
The new service is expected to offer more travel options while promoting business, trade and tourism opportunities
Oil activities were down 11.2 per cent in the first quarter versus the previous year, while non-oil GDP grew 3.4 per cent year on year
International demand for the secondary share sale was greater than for Aramco’s IPO in 2019
The unusually long guest list reflects Italy’s desire to broaden the horizons of the G7, a club of wealthy democracies
The oil behemoth’s shares were priced at $7.27 (SAR27.25), near the bottom of a SAR26.7 to SAR29 range used in marketing the sale
The contract is for the procurement and construction of the third phase of the master gas system in Saudi Arabia
The state-owned energy firm’s bankers have told investors it plans to price the shares at $7.27 (SAR27.25) each
Saudi Arabia’s Supreme Court had called upon Muslims in the kingdom to sight the crescent Moon on Thursday evening
OPEC+ is currently cutting production by about 5.7 per cent of global demand to bolster the market
The initiative was unveiled in 2021 to pilot cross-border payments in digital currencies issued by central banks
The weather authority has implemented a comprehensive plan to monitor weather conditions around the clock across the holy sites during the Hajj
Saudi Arabia has significant growth potential for battery-electric vehicles, with 71 per cent of consumers “very” or “moderately” likely to purchase a BEV this year, the AlixPartners study showed
The state-owned energy firm seeks to strengthen its position in the global LNG market, which is set to grow globally by 50 per cent by 2030
The Airbus narrow-body jets purchased by flyadeal in its recent order can seat up to 240 people
If the Saudi telecoms giant succeeds with a deal for United Group, it will further its expansion into Europe
The deal’s value could rise to $13.1bn at the top end under a greenshoe option, which would allow the sale of nearly 1.7 billion shares
The share offering is expected to be priced at a further discount of as much as 10 per cent to the trading price
Capacity discussions can be complicated by different oil price preferences among OPEC+ members