Saudi sees faster economic revival from pandemic
The Kingdom remains cautious due to fragile growth and other factors such...
Saudi Arabia
Saudi’s SWCC signs MoU with Fluid Technology Solutions
The American company install an advanced gadget in desalination plants owned by...
Aramco to open corporate development organisation in Saudi Arabia
The company’s second quarter profit slumped by 73 percent...
Adnoc to enter Indian lubricant market amid Covid-19 pandemic
The company’s net profits slumped 22.4 percent to Dh 910 million in...
Sabic, Iberdrola partner to establish power chemical plant in Spain
Under the terms of the agreement, Iberdrola will inject $82.13 million to...
Aramco sees 73 % profit plunge in second quarter
The company’s Q2 cash flow was recorded to be $6.1 billion and...
Saudi company Elm to acquire Tabadul for an undisclosed amount
As a part of the deal, Elm will acquire 100 % shares...
SABB completes Tier II SAR-denominated Sukuk offering
Each Sukuk will value SAR 1 mn...
STC delays purchase of stake in Vodafone Egypt by two months
Earlier, STC agreed to buy a 55% stake in Vodafone Egypt...
COVID-19 and oil price war: Double whammy for Gulf nations
As global demand for crude remains low due to Covid-19 — the...