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
Sheryll Mericido
Aug 30, 20232 min read
PIF, GLIC complete passive tower infrastructure sale phase
The Public Investment Fund (PIF), His Highness Prince Saud bin Fahd bin Abdulaziz, and Sultan Holding Company-owned Golden Lattice...
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Ahmed Saleh
Aug 30, 20231 min read
Saudi Electricity's second $1 billion Sukuk redeemed
The second tranche of the Saudi Electricity Company's International Islamic Sukuk (the Sukuk), which was issued on April 8 and was valued...

Ahmed Saleh
Aug 30, 20231 min read
Saudi Electricity launches international Sukuk program, promoting green and conventional Sukuk
Regarding the announcement made by Saudi Electricity Company ("SEC") on the Tadawul website of the Saudi Exchange on March 30, 2023,...
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Ahmed Saleh
Aug 30, 20231 min read
Saudi Electricity Board proposes 2022 cash dividends to shareholders
In its meeting on August 22, 1444 H (14.03.2202), the board of directors of Saudi Electricity Company (SEC) proposed to the general...

Ahmed Saleh
Aug 30, 20231 min read
Saudi Electricity releases consolidated 2022 financial results
The increase in net profit this year over last year is primarily due to 1) higher operating revenue, which is primarily driven by the...

Sheryll Mericido
Aug 29, 20231 min read
Saudi Readymix lists old machinery in Khafji
The Saudi Readymix Concrete Company publishes a listing for old machinery in Khafji. The following is a list of the used equipment that...

Sheryll Mericido
Aug 29, 20231 min read
Saudi Readymix by Audi initiates weekly toolbox meetings to address safety concerns
Saudi Readymix by Audi The toolbox meetings began last Thursday, May 25, 2023, according to the HSE Department. Each week in all Saudi...

Sheryll Mericido
Aug 29, 20231 min read
Saudi Readymix Concrete Company sells used machinery in Dammam Second Industrial City
Used machinery is being offered for sale in Dammam Second Industrial City, Eastern Province, according to the Saudi Readymix Concrete...

Ahmed Saleh
Aug 29, 20233 min read
Saudi Arabia, Aramco, Doosan Group merge in South Korea.
Riyadh – The Saudi Arabian Industrial Investments Company (Dussur), Saudi Aramco, and South Korea’s Doosan Heavy Industries &...

Ahmed Saleh
Aug 29, 20233 min read
Saudi Arabian Industrial Investments Company, Dussur, owned by Aramco, SABIC.
Under the patronage of HRH Prince Abdulaziz bin Salman bin Abdulaziz, Minister of Energy, the Saudi Arabian Industrial Investments...

Ahmed Saleh
Aug 29, 20231 min read
Saudi Arabian DUSSUR and GE sign memorandum of understanding.
Under the patronage of HRH Prince Abdulaziz Bin Salman, Saudi Minister of Energy, a memorandum of understanding was signed between the...
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Ahmed Saleh
Aug 29, 20231 min read
Eastern Province Governor and Energy Minister meet.
In the presence of His Royal Highness Prince Saud bin Nayef, Governor of the Eastern Province, and His Royal Highness Prince Abdulaziz...

Ahmed Saleh
Aug 29, 20231 min read
Industrial land allocation agreement signed with King Salman Energy City SPARK.
SPARK at King Salman Energy City An industrial land allocation agreement was signed with King Salman Energy City SPARK to establish the...
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Sheryll Mericido
Aug 28, 20231 min read
Ten staff hold ACI Self-Consolidating Concrete Testing Technician certifications
Ten of our staff have earned ACI Self-Consolidating Concrete Testing Technician certifications, something we are proud of. A person who...

Sheryll Mericido
Aug 28, 20232 min read
Reduced electricity sales, increased costs, sales mix shift impact quarterly net income
The drop in net income for the current quarter compared to the same quarter last year is primarily the result of reduced electricity...

Sheryll Mericido
Aug 28, 20232 min read
Saudi Arabian Dussur acquires Italian Italmatch Chemicals share, under PM's patronage
Riyadh, Saudi Arabia, The Saudi Arabian Industrial Investments Company "Dussur" proudly announced its acquisition of a sizeable share in...

Sheryll Mericido
Aug 28, 20231 min read
SeAH Gulf Steel Industries to build MENA's first stainless seamless pipe manufacturing facility
Saudi Arabia, SeAH Gulf Special Steel Industries, a joint venture between South Korean SeAH Changwon Integrated Special Steel and Saudi...

Sheryll Mericido
Aug 28, 20231 min read
Bangladesh renews contract with Saudi Arabian Mining Company for 600,000 tons of fertilizer
The Bangladesh Agricultural Development Corporation (BADC) has renewed its contract with Saudi Arabian Mining Company (Ma'aden), the...

Sheryll Mericido
Aug 28, 20232 min read
Saudi Arabian Ma'aden reports Q2 2023 financial results
The largest multi-commodity mining and metals corporation in the Middle East, Saudi Arabian Mining Corporation "Ma'aden," released its...

Ahmed Saleh
Aug 28, 20231 min read
Aramco creates new EVP roles in upstream and downstream areas
In its upstream and downstream operating areas, Aramco has established new Business Line Executive Vice President ("EVP") roles. These...

Ahmed Saleh
Aug 28, 20232 min read
Aramco releases its second-quarter and full-year 2023 financial results
Net income: $62.0 billion (H1) and $30.1 billion (Q2). Operating cash flow: $33.6 billion in the second quarter and $73.3 billion in the...

Ahmed Saleh
Aug 28, 20231 min read
Saudi Arabian Mining Company receives first Moody's and Fitch ratings
The Saudi Arabian Mining Company ("Ma'aden", 1211 on the Saudi Exchange) announces the first credit ratings and outlook assignments from...

Ahmed Saleh
Aug 28, 20231 min read
MWSPC completes highest debt prepayment in Saudi Arabia history
Ma'aden Wa'ad Al Shamal Phosphate Company (MWSPC) completed the highest debt prepayment in Saudi Arabian Mining Company's history,...

Ahmed Saleh
Aug 28, 20232 min read
Saudi Arabian Mining Company ends IFA Conference 2023
The International Fertilizer Association (IFA) Annual Conference 2023 in Prague, Czech Republic, has come to an end for the Saudi Arabian...
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