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Posted On NewsSaudi Arabia turns to recycling to enhance mineral recovery
As part of its push to make mineral mining a pillar of its otherwise hydrocarbon-dominated economy, Saudi Arabia is investigating…
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Posted On NewsSaudi city rental yields top the Gulf as demand surges
One-bedroom apartments in Saudi Arabia’s West Riyadh and North Jeddah now command the highest rental yields across the Gulf as…
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Posted On NewsPIF weighs investment in Boeing’s Italian parts maker
Saudi Arabia’s Public Investment Fund (PIF) is holding talks about investing in the aerostructures unit of Italian defence company Leonardo, a news…
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Posted On NewsAramco-owned Sabic turns $400m profit in 2024
Saudi Basic Industries Corporation (Sabic), which is 70 percent owned by state oil company Saudi Aramco, turned a profit last year…
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Posted On NewsGloomy outlook for Saudi petrochemicals sector
Saudi Arabia’s 10 listed petrochemical companies are likely to report lacklustre earnings for the fourth quarter of 2024 because of…
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Posted On NewsJPMorgan expects no special Aramco dividend in 2025
Saudi Aramco is forecast to have no performance-linked dividend this year after a more balanced 2024 cash cycle followed earlier bumper…
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Posted On NewsGulf still struggling to attract private cash for public projects
Lower oil prices are driving Gulf countries, particularly Saudi Arabia and the UAE, to involve private companies in financing critical…
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Posted On NewsSaudi firms look to improve ESG to attract investment
Improvements in Saudi Arabian companies’ environmental, social and governance (ESG) performance are likely to attract more investment to the kingdom…
