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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,…
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Posted On News$5bn Neom data centre latest deal announced at Leap
Saudi Arabia’s $500 billion futuristic giga-project Neom has signed a $5 billion deal to develop what it claims will be the world’s…
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Posted On NewsAbu Dhabi’s Modon plans to buy UK events company
Modon Holding has announced plans to acquire a global events company. Modon, an investment company that is backed by state-owned Abu…
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Posted On NewsCeer strikes $145m deal with Sabelt for EV sports seats
Ceer, Saudi Arabia’s first electric vehicle (EV) brand, has struck a SAR543 million ($145 million) deal with Italy’s Sabelt to…
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Posted On NewsSotheby’s first Saudi auction: a test of Gulf’s market potential
The troubled international auction house Sotheby’s, now backed by the Abu Dhabi sovereign wealth fund ADQ, is seeking to make history…
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Posted On NewsAramco raises prices as demand from Asia grows
Saudi Aramco, the world’s leading oil exporter, has sharply increased crude prices for March shipments to buyers in Asia. Demand…
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Posted On NewsGCC needs common policy on crypto, says Saudi academic
Saudi Arabia and other Gulf Arab states should develop aligned policies and regulations around the potential use of cryptocurrencies as…
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Posted On NewsRiyadh Air in talks to buy 50 more widebody aircraft
Saudi Arabian airline Riyadh Air, backed by the Public Investment Fund (PIF), is in talks with US and European planemakers for 50…
