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Ahmed Saleh
Dec 18, 20232 min read
Aramco extends partnership with Aston Martin F1®, influencing team naming
From January 1, 2024, the team will be known as the Aston Martin Aramco Formula One® Team A new five-year agreement, until 2028, builds...
Ahmed Saleh
Dec 17, 20232 min read
Bahri's partnership with Bayan Credit Bureau enhances financial decision-making capabilities
Riyadh, KSA, 12 December 2023: The partnership between Bahri and Bayan Credit Bureau is a significant development that reflects the...
Ahmed Saleh
Dec 16, 20231 min read
Aramco acquires 40% stake in Gas & Oil Pakistan for downstream expansion
Aramco, a global leader in integrated energy and chemicals, has taken a significant step in expanding its international downstream value...
Ahmed Saleh
Dec 8, 20232 min read
Zain recognized as a 'Leader' in Global Child Forum's Children's Rights and Business report 2023
Zain has achieved the prestigious status of being recognized as a 'Leader' in the Global Child Forum's latest report titled 'The State of...
Ahmed Saleh
Dec 1, 20232 min read
Zain KSA Expands Zero-Emission 5G Network to Ten Additional Cities
Zain KSA, the pioneer of the world's first zero-emission 5G network, has extended its high-speed digital services to ten new cities,...
Ahmed Saleh
Dec 1, 20232 min read
Zain KSA Named Founding Partner for Saudi Games 2023
Under the patronage of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, Zain KSA proudly declares its position...
Ahmed Saleh
Nov 22, 20232 min read
Bahri Line wins 'Supplier Spirit of Alliance Award' at GE Conference
Florida, USA, November 21, 2023: Bahri Line, a subsidiary of the prominent Saudi Arabian national shipping company, Bahri, and a key...
Ahmed Saleh
Nov 21, 20232 min read
Omrania marks milestone: Acquisition by Egis Group reshapes industry landscape
Ormania celebrates the successful completion of its acquisition by Egis Group, a leading global consulting, construction engineering, and...
Ahmed Saleh
Nov 20, 20232 min read
Aramco Achieves Early Production of Unconventional Tight Gas at South Ghawar
Aramco, a global leader in integrated energy and chemicals, has achieved the early production of unconventional tight gas at its South...
Ahmed Saleh
Nov 17, 20232 min read
SEC discloses Q3 and 9-month financial results for 2023
Saudi Electricity Company (SEC) has released its financial results for the third quarter and the first nine months of 2023. The company...
Ahmed Saleh
Nov 16, 20231 min read
Saudi Readymix earns Saudi Quality Mark, adds factories for sustainable concrete
The Saudi Readymix Concrete Company has achieved the Saudi Quality Mark, expanding its licensed factories to 10, with new ones in Jubail,...
Ahmed Saleh
Nov 15, 20232 min read
Ma'aden launches Saudi Arabia's first mining science bachelor's program at KFUPM
Ma'aden (Saudi Arabian Mining Company) marked a significant milestone with the inauguration of Saudi Arabia's inaugural mining science...
Ahmed Saleh
Nov 13, 20232 min read
Aramco Unveils Q3 2023 Financial Outcomes
Here are the financial and operational highlights: - Net income: $32.6 billion (compared to $42.4 billion in Q3 2022). - Cash flow from...
Ahmed Saleh
Nov 10, 20232 min read
Ma’aden extends collaboration with luxury car maker JLR
Saudi Arabia’s Ma’aden, the dominant force in multi-commodity natural resources in the Middle East, has officially prolonged its...
Ahmed Saleh
Nov 9, 20232 min read
Zain KSA achieves milestone: Q3 revenues surpass SAR 2.5 billion, 10% growth
Zain KSA has reported a significant milestone with its highest quarterly revenues surpassing SAR 2.5 billion, marking a substantial 10%...
Ahmed Saleh
Nov 8, 20233 min read
SEC reports Q3 and 9-month 2023 financial results with growth and challenges
Riyadh, November 07, 2023, Saudi Electricity Company (SEC) has unveiled its financial performance for the third quarter and the first...
Ahmed Saleh
Nov 7, 20231 min read
Saudi Aramco's Q3 2023 net income drops to $32.6 billion
Dhahran, November 07, 2023, Saudi Aramco released its Q3 2023 results, with a net income of SAR 122.2 billion ($32.6 billion), down from...
Ahmed Saleh
Nov 6, 20231 min read
Dussur names Markus Solibieda as Chief Investment Officer from November 1, 2023
The Saudi Arabian Industrial Investment company, Dussur, has announced the appointment of Mr. Markus Solibieda as its new Chief...
Sheryll Mericido
Oct 27, 20232 min read
Decrease in net profit attributed to higher operating costs and finance expenses
The decrease in net profit in the current quarter compared to the same quarter last year can be attributed to several factors: 1. The...
Ahmed Saleh
Oct 26, 20234 min read
KHC and RSG forge transformative tourism partnership in Saudi Arabia
In a monumental move that signifies a significant leap forward for the transformation of Saudi Arabia's tourism sector, Kingdom Holding...
Sheryll Mericido
Oct 25, 20231 min read
Saudi Electricity Company reveals substantial investment plans up to 2030
The Saudi Electricity Company (SEC), the largest electric power producer, carrier, and distributor in the Middle East and North Africa,...
Ahmed Saleh
Oct 25, 20232 min read
Aramco and ENOWA partner for pioneering e-fuel demo facility at HIDC
Aramco and ENOWA, NEOM's energy and water company, have entered into a collaborative development agreement to construct a groundbreaking...
Sheryll Mericido
Oct 24, 20232 min read
SEC announces $3 billion financing deal at Future Investment Initiative
During the prestigious Future Investment Initiative held in Riyadh on October 24th, 2023, the Saudi Electricity Company (SEC) made a...
Sheryll Mericido
Oct 19, 20233 min read
Zain KSA partners with Huawei for green tech collaboration
In a remarkable leap forward in the realm of green technology collaboration, Zain KSA has inked a Memorandum of Understanding (MoU) with...
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