Saudi Arabia
The Najran region is home to 90 factories with investments surpassing $1.28 billion
The final IPO price will be determined at the end of the book-building period
Capital Maritime and Trading Corporation agreed to deliver the carriers to Bahri in multiple batches before the end of Q1 of 2025
Earlier this year, NEOM awarded $4.7 billion contract to Webuild for the Trojena project
Plant's first 2 trains to have a capacity of 50,000 tons per annum of high-purity lithium hydroxide monohydrate
Stadium and surrounding masterplan span over an area of around 800,000 square meters
ACWA Power expects the project's financial impact to be reflected during the second half of 2024 onwards
Program positions Riyadh as a leading global metropolis and a central hub for sustainable transportation and logistics in the Middle East
GCC tourists injected over $4 billion into the economy last year, with Bahrain being the top source market
Riyadh Air to launch commercial operations at the King Khalid International Airport by mid-2025
Collaboration to facilitate a range of joint research projects and contribute to the growing astro-tourism initiatives in AlUla
In 2022, total remittance outflows from Saudi Arabia reached $39.3 billion
Aramco’s total production could rise from 12.9 million barrels per day in 2023 to 14.1 million barrels per day by financial year 2028
Saudi Arabia's total fixed capital formation grew 8 percent during Q1 of 2024
Nasser foresees resilient oil fundamentals despite price decline, sees demand growth of 1.6-2 million bpd
Aramco to become Petro Rabigh’s largest shareholder with an equity stake of around 60 percent
New region will help boost the Kingdom’s AI economy, which is expected to reach $135.2 billion by 2030
Expansion supports objectives of Saudi Vision 2030, which aims to host 30 million Umrah pilgrims by 2030
UAE remained Saudi Arabia’s largest non-oil trading partner within the GCC region
The agreements involve Chinese banks and focus on two-way capital flows through debt and equity
The projects include infrastructure development for the third industrial city in Jeddah and the second industrial city in Makkah
Apartment prices in Saudi Arabia increased by 2.9 percent while villa prices declined by 0.5 percent
Oil revenues see significant 17.08 percent rise to $56.77 billion in Q2
