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Aramco buys 50% of local blue hydrogen producer
Saudi Aramco has purchased a 50 percent stake in a low-carbon hydrogen production plant in Jubail, a city on the Gulf,…
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Umm Al Qura shares soar as more Saudi IPOs approved
Shares in Saudi Arabia’s Umm Al Qura for Development and Construction surged 30 percent on Monday, the maximum allowed on…
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Aramco launches its first carbon capture facility
Saudi Aramco has launched its first facility to remove carbon dioxide (CO2) from the air in a joint venture with Siemens.…
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Five more IPOs approved by Saudi regulator
Five more companies have received approval to sell shares in initial public offerings from Saudi Arabia’s Capital Markets Authority regulator.…
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Danish logistics partner rues Neom delays
Denmark’s DSV A/S, one of the world’s largest freight and logistics companies, said that expected profit from a $10 billion…
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Sport Clubs gets nod to list 30% on Saudi bourse
Perusahaan Klub Olahraga yang berpusat di Riyadh telah menerima persetujuan untuk melepas 30 persen modal sahamnya di bursa saham Saudi.…
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Saudi Arabia’s $1 trillion Trump bet and its possible returns
Donald Trump’s approach to policy is often described as transactional: he is a tough New York dealmaker, not a politician…
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Al Akaria explores new launches after four-fold profit rise
Saudi Real Estate Company (Al Akaria) said net profit for 2024 nearly quadrupled amid a rise in property sales and…