The shipment of 137,000 cubic meters of LNG can produce enough electricity to supply approximately a quarter million German homes for a year
The transactions are part of the fund’s strategy to enable the kingdom’s strategic sectors
Saudi Tabreed currently manages 779,000 tonnes of refrigeration (TR) via contracts with major companies in Saudi Arabia
Rayyanah Barnawi and Ali Al Qarni will travel to the International Space Station during the second quarter of 2023
The fund will allocate an amount equalling the net proceeds of the issuance to fund eligible green projects in line with its Green Finance Framework
KPMG has allocated a dedicated co-investment fund for metaverse use-cases in Saudi Arabia to work together with public and private partners on expediting the technology for practical use
Started in 2016, Nana raised $18m from investors including venture capital fund STV and Middle East Venture Partners
Aramco has allocated $300m in additional funds to Wa’ed Ventures
The ADX-listed healthcare services provider signed a MoU with Leejam Sports Company to create a joint venture
Saudi Aramco increased most of its prices for crude that will be shipped to its main market of Asia in March
The Riyadh Front Exhibition & Conference Centre is set to host around 100,000 tech innovators
Former governor, Dr Fahd Al-Mubarak, takes on the role of adviser at the royal court
The agreements were signed at the Saudi-Omani Investment Forum being held in Riyadh
The first farm, to be built in Saudi Arabia, will have an annual production capacity of up to 1.1 million kgs of crops
Saudi Arabia has won the prestigious AFC Asian Cup championship on three occasions: 1984, 1988, and 1996
The kingdom’s real GDP grew by 5.4 per cent during the fourth quarter of 2022
The two entities aim to assist in the transition towards greater food security and water conservation in the kingdom and GCC
SEVEN will retain intellectual property rights and the AMC Cinemas brand name in the Saudi market
The destination will feature an e-karting and a 10-lane futuristic bowling experience, a 12-hole indoor adventure golf course, and a 10-screen cinema
Terra Drone is the first Asian startup to raise funding from Wa’ed Ventures
Hajj is one of the five pillars of Islam, obligatory once in a lifetime for all who are able
Fintech accounted for 61 per cent of total funding between 2018 and 2022
The new announcement reflects Yotel’s plans to grow both management and franchised projects in the Middle East region, as part of its larger strategy to reach 50 hotels by 2025
The consultancy will list shares on Tadawul’s Nomu-Parallel Market
Wassim Al-Khatib will also be the CEO of Lazard Saudi Arabia
The funds will be used to expand Tabby’s product line and support the company’s growing operations
Tech giant Amazon regained top spot from Apple to become the world’s most valuable brand
The world’s largest oil exporter is seeking to strengthen its relations with crucial trade partners
The fund will conceptualise, finance and oversee development of more than 35 venues by 2030, with the aim of delivering its first asset by 2023
The Saudi government has made more than 700 regulatory changes as it seeks to attract investors