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Ma’aden launches Saudi Arabia’s first mining science bachelor’s program at KFUPM
**Título:** Ma’aden Launches First Saudi Mining Degree **Intro:** Saudi Arabian Mining Company (Ma’aden), in partnership with the Ministry of Industry & Mineral Resources and King Fahd University of Petroleum and Minerals (KFUPM), has inaugurated Saudi Arabia’s first bachelor’s program in…
Ma’aden extends collaboration with luxury car maker JLR
**Titular:** *Ma’aden, JLR Extend Aluminum Partnership* **Intro:** Saudi Arabia’s Ma’aden has renewed its aluminum supply agreement with luxury automaker JLR, reinforcing an eight-year collaboration. Over 100,000 tons of premium aluminum sheets from Ma’aden have powered JLR’s luxury vehicles since 2016,…
Zain KSA achieves milestone: Q3 revenues surpass SAR 2.5 billion, 10% growth
**Titular:** “Zain KSA Posts Record Q3 Profit Surge” **Intro:** Zain KSA announced historic Q3 revenues exceeding SAR 2.5 billion, up 10% YoY, alongside a SAR 285 million net profit—a 234% annual leap. Growth stems from tower sale gains, enterprise tech…
SEC reports Q3 and 9-month 2023 financial results with growth and challenges
**Título:** *SEC Q3 Net Profit Drops 8.3%* **Intro:** Saudi Electricity Company (SEC) reported a 4.6% rise in Q3 2023 revenue to SAR23.8 billion, driven by summer demand and subscriber growth. However, net profit fell 8.3% to SAR5.8 billion due to…
Saudi Aramco’s Q3 2023 net income drops to $32.6 billion
**Título:** *Aramco Q3 Profit Dives, Dividends Steady* **Intro:** Saudi Aramco reported a 23% year-on-year net income drop to SAR 122.2B ($32.6B) in Q3 2023, alongside declining cash flows. Despite this, dividends remained robust at SAR 73.2B ($19.5B) for Q3, with…
Decrease in net profit attributed to higher operating costs and finance expenses
**Headline:** “Net Profit Shifts Amid Cost Pressures” **Intro:** The latest financial results reveal mixed performance, with quarterly net profit declines driven by rising operational and interest costs. However, annual growth highlights stronger revenues in oil and chemicals transport, alongside gains…
Saudi Electricity Company reveals substantial investment plans up to 2030
**Titular:** “SEC Unveils 2030 Investment Strategy” **Introducción:** The Saudi Electricity Company (SEC) announced its ambitious 2030 investment roadmap during the Future Investment Initiative (FII7) in Riyadh. Focusing on smart grids, renewable energy, and AI-driven solutions, SEC aims to bolster grid…
SEC announces $3 billion financing deal at Future Investment Initiative
**Título:** SEC Asegura $3B para Expansión Eléctrica **Intro:** La Saudi Electricity Company (SEC) anunció un acuerdo sindicado de $3 mil millones con cuatro bancos regionales durante el Future Investment Initiative en Riad (24/10/2023). Este financiamiento, sin garantías y a cinco…
Zain KSA partners with LIV Golf for Jeddah tournament
**Título:** Zain KSA Sponsors LIV Golf Jeddah **Intro:** Zain KSA has partnered with LIV Golf as the official telecommunications partner for the Jeddah tournament (October 13-15) at King Abdullah Economic City. Featuring 48 golfers competing for a $25 million prize,…
Zain KSA attains ISO certifications for Business Continuity and Information Security
**Título:** *Zain KSA Obtiene Doble Certificación ISO* **Intro:** Zain KSA ha reforzado su liderazgo en ciberseguridad y continuidad empresarial al obtener las certificaciones ISO 22301 e ISO/IEC 27001, avalando sus sistemas de gestión de riesgos y seguridad de la información.…