Discussions are ongoing, but no advisers have been hired
Nahdi’s IPO is the largest listing in the kingdom since Saudi Aramco raised almost $30bn in 2019
The US-based company recently exhibited their solutions and shared their expertise at the World Defense Show in the kingdom
OPEC+ is reviving supplies after its deep cuts at the start of the pandemic in 2020
Aramco declared a dividend of $18.8bn for the fourth quarter, to be paid in Q1 2022
The visas will be extended without any fees charged and will be done so automatically
The NEOM project, called Helios, is led by a consortium including Air Products and ACWA Power International
The kingdom’s real GDP grew by 6.7 per cent in the fourth quarter of 2021
E& offered SAR47 a share for a higher stake in Mobily, a 22.2 per cent premium to its Tuesday’s closing price
Saudi Arabia and the UAE pump more than 13 million barrels a day of oil between them
The shares surged as much as 18 per cent to SAR86.1
The kingdom recently announced over $6.4bn of investments in future technologies and entrepreneurship at LEAP, the largest tech event in Saudi Arabia
The strike on the facility in Riyadh on Thursday morning did not result in any injuries, while the supply of oil from it remained unaffected too
The facility will be built in the city of Panjin, in China’s Liaoning Province
The MoU aims to develop cooperation in digital transformation and explore ways to accelerate digital health services to patients
Muvi Cinemas is Saudi Arabia’s first homegrown cinema brand
Trojena which will include the GCC first outdoor ski resort is expected to create more than 10,000 jobs and add SAR3bn to the kingdom’s GDP by 2030
The Tadawul introduced index futures in August 2020
Invitations were sent to private equity firms, bankers and construction suppliers for the gathering
The investment will support tabby’s international expansion plans
Social distancing measures in all open and closed places, activities, and events have also been suspended
The first store is expected to launch in Riyadh in the first quarter of 2023
The company, which has its headquarters in Riyadh and a presence in Egypt, UAE, Jordan and India, has served more than 140 clients in Saudi Arabia
Egypt’s food delivery market is worth an estimated $2.8bn
Saudi Aramco has discovered the five fields that can produce over 100 million cubic feet per day of natural gas in total
The size and monetary value of the outbound GCC tourism market were never in question – but what are its challenges, opportunities and key growth drivers in the foreseeable future?
The region is building its infrastructure and programmes to transform into a major tourist destination over the next few decades
OPEC+ meets on March 2 to decide on output for April
The first phase of the project is set to open by the end of 2022
Gas is a cleaner fuel than crude oil