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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...
Ahmed Saleh
Aug 30, 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...
Sheryll Mericido
Aug 29, 20231 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, 20233 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...
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...
Ahmed Saleh
Aug 29, 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, 20231 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, 20232 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, 20231 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...
Sheryll Mericido
Aug 28, 20232 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, 20231 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, 20232 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, 20231 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...
Ahmed Saleh
Aug 28, 20232 min read

Saudi Arabian mining firm reports Q3 2023 financial results, prioritizing growth
The largest multi-commodity mining and metals firm in the Middle East, Saudi Arabian Mining Firm ("Ma'aden" or the "Company", 1211 on the...
Ahmed Saleh
Aug 28, 20233 min read

Aramco buys 10% of Rongsheng for RMB 24.6 billion
For RMB 24.6 billion ($3.4 billion at the current exchange rate), Aramco acquired 10% of Rongsheng. The transaction shows that Aramco's...
Sheryll Mericido
Aug 27, 20231 min read

Aramco, TotalEnergies, SABIC convert plastic waste oil into ISCC+-certified circular polymers
For the first time in the Middle East and North Africa, Aramco, TotalEnergies, and SABIC successfully transformed oil obtained from...
Sheryll Mericido
Aug 27, 20232 min read

Saudi Arabian mining company Ma'aden ends International Fertilizer Association Conference
The International Fertilizer Association (IFA) Annual Conference 2023 in Prague, Czech Republic, has come to an end for the Saudi Arabian...
Sheryll Mericido
Aug 27, 20232 min read
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