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Posted On NewsSaudi Aramco re-enters Philippines after 17 years
Saudi Aramco, which trades on the Saudi Exchange (Tadawul), will acquire a 25 percent stake in the third-largest petroleum company…
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Posted On NewsCEO of $320bn Saudi pension fund to step down
The CEO of Hassana Investment Company, which manages Saudi Arabia’s $320 billion social security and pension fund, will step down…
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Posted On NewsAmbitious plans accelerate Gulf construction costs
Construction costs in Saudi Arabia and the UAE are in danger of accelerating over the next few years as both…
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Posted On NewsMecca project developer targets $533m from Saudi listing
Umm Al Qura for Development and Construction (Umm Al Qura), the developer of Masar, a mixed-use project in Mecca, expects to…
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Posted On NewsLuxury travel is the engine of Saudi’s tourism market
Saudi Arabia and Arsenale Group, developer of Italy’s La Dolce Vita Orient Express project, have shared designs for the Middle…
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Posted On NewsSaudi Arabia awards almost $2bn of contracts in January
Saudi government entities awarded more than SAR6.5 billion ($1.7 billion) of contracts in January, led by housing, infrastructure and industry.…
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Posted On NewsSaudi Arabia welcomes private funds for $64bn logistics projects
Saudi Arabia has more than SAR240 billion ($64 billion) of logistics projects underway and planned, most of which are open…
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Posted On NewsMa’aden aims to be world’s most valuable mining company
Saudi Arabia’s majority state-owned Ma’aden aims to grow ten-fold by 2040 to become the world’s most valuable mining company by market capitalisation,…
