Aramco to open corporate development organisation in Saudi Arabia
The company’s second quarter profit slumped by 73 percent...
Saudi Arabia
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...
Key sectors to drive Saudi Arabia’s Vision 2030 strategy
Public and private investment in a few critical sectors will drive Saudi...
Virgin Mobile eyes 15% share of Saudi telecom market: CEO
The telco plans to achieve its target by 2022...