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Oil prices mostly flat as Antony Blinken visits Riyadh
Oil prices were little moved in early trading on Tuesday, as market participants assessed a visit to the Middle East by US Secretary of State Antony Blinken to discuss a […]
Jeddah Central signs SAR12bn contract to develop architectural landmarks
The Jeddah Central Development Company signed four construction contracts worth SAR12bn for three major architectural landmarks, including the Stadium, the Opera House and the Oceanarium, in addition to the infrastructure […]
Saudi Arabia explores strengthening media cooperation with Egypt
Saudi Arabia’s Minister of Media, Salman bin Yousef Al-Dosari, has discussed ways to bolster collaborative media efforts between the Kingdom and the Arab Republic of Egypt during his official visit […]
Saudi Arabia, Swiss Fund to launch billion-euro zero-emissions investment initiative
In a move towards bolstering investments in zero-emissions projects, Saudi Minister of Investment Eng. Khalid Al-Falih announced a collaboration with a Swiss fund aimed at launching financing initiatives in the […]
Saudi Aramco & DHL Supply Chain launch JV company ‘ASMO’
Aramco, one of the world’s leading integrated energy and chemicals companies, and DHL Supply Chain (DHL), a global leader in contract logistics, have formed a joint venture company, ASMO (Advanced […]
Saudi companies to manufacture parts for Lockheed’s THAAD defense system
The US defense and aerospace company Lockheed Martin has signed agreements for Saudi Arabian companies to manufacture parts of its Terminal High Altitude Area Defense (THAAD) system, the company announced […]
SR12 billion contracts awarded to build stadium, opera house and oceanarium in Jeddah
Eng. Ahmed Al-Sulaim, CEO of the Jeddah Central Development Company (JCDA), signed four contracts for the construction of three landmark architectural projects in the Jeddah Central Destination. They are a […]
Crown Prince meets Blinken in Riyadh; discuss regional situation
Saudi Crown Prince and Prime Minister Mohammed bin Salman met with US Secretary of State Antony Blinken in Riyadh on Monday. During the meeting, they discussed the regional developments and […]
Prince Khalid bin Salman launches locally assembled new Hawk jet
Saudi Minister of Defense Prince Khalid bin Salman inaugurated on Sunday the new identity for the fleet of Hawk aircraft on the occasion of the 25th anniversary of its founding. […]
Payout rate set at 5.64% as subscription for first individual savings product Sah begins
Saudi Arabia started subscription to the first Shariah-compliant, government-backed savings product for individuals namely Sah on Sunday Feb. 4. The payout rate for the first issue is determined at 5.64 percent, […]
