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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 21, 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 20, 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 17, 20232 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 16, 20231 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 15, 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 13, 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 10, 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 9, 20232 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 8, 20233 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 7, 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...
Ahmed Saleh
Nov 6, 20231 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...
Sheryll Mericido
Oct 27, 20232 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...
Ahmed Saleh
Oct 26, 20234 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,...
Sheryll Mericido
Oct 25, 20231 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...
Ahmed Saleh
Oct 25, 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 24, 20232 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...
Sheryll Mericido
Oct 19, 20233 min read

Zain KSA partners with LIV Golf for Jeddah tournament
Zain KSA, the leading telecommunications and digital services provider in Saudi Arabia, has entered into a partnership agreement with LIV...
Ahmed Saleh
Oct 13, 20231 min read

Aramco signs significant MoU with Nanshan, Shandong Energy, and Yulong Petrochemical
Dhahran, October 11, 2023, Aramco, a globally renowned integrated energy and chemical corporation, has entered into a momentous...
Ahmed Saleh
Oct 12, 20232 min read

Aramco advances emissions reduction with lower-carbon hydrogen, DAC, CO2 storage, geothermal
Aramco, a global leader in energy and chemicals, is pushing forward with initiatives aimed at reducing emissions, including the...
Ahmed Saleh
Oct 10, 20232 min read

Zain KSA attains ISO certifications for Business Continuity and Information Security
Zain KSA has earned dual certifications in ISO 22301 for Business Continuity Management Systems and ISO/IEC 27001 for Information...
Ahmed Saleh
Oct 5, 20231 min read

Maaden wins top spot in Arab CSR awards for Scientific Excellence
Saudi Arabian Mining Company (Maaden) has secured the top position in the Arab Awards for Corporate Social Responsibility, recognizing...
Sheryll Mericido
Oct 3, 20232 min read

Zain KSA partners with Aanaab and Code School Finland for digital education
Zain KSA, in a groundbreaking move, has entered into a Memorandum of Understanding (MoU) with Aanaqeed Knowledge Company (Aanaab) and...
Sheryll Mericido
Oct 1, 20232 min read

Aramco Ventures into LNG with $500 Million Investment in MidOcean Energy
Aramco, a global leader in the integrated energy and chemicals sector, has taken a significant step in diversifying its portfolio by...
Sheryll Mericido
Sep 28, 20232 min read
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