Tag: Saudi Arabia Business News
Oman and Saudi explore ways to boost transport & logistics cooperation
Saudi Minister of Transport and Logistic Services, Eng. Saleh Al-Jasser, and the President of the Environment Authority of Oman, Dr. Abdullah Al-Omari explored ways...
Saudi PIF to initiate green hydrogen project with S.Korean groups
Saudi Arabia’s sovereign wealth fund, Public Investment Fund (PIF) has signed a three-party Memorandum of Understanding (MoU) with South Korea’s Posco and Samsung C&T,...
S. Korea’s LG plans to make Riyadh as headquarters for the...
Seoul, South Korea-based multinational conglomerate corporation LG has plans to make Riyadh its regional headquarters for the Middle East, the company’s General Manager Mr....
Pure Beverages brings out ‘Ival’ bottled water to Saudi market
Pure Beverages Industry Company, Saudi Arabia-based bottled water producer and distributor, has launched its high-quality bottled drinking water produced from underground water wells, Ival,...
Saudi Economy shows strong economic resilience among G20 Nations; Report
The Saudi economy is expected to grow at the fastest rate among the G20 countries, at 11.1 percent in the fourth quarter of 2021,...
Saudi Arabia-based Lucidya secures $6mn to expand its product offering
Saudi Arabia-based customer experience management platform Lucidya has raised $6 million in the second round of funding in order to expand its product offering.
According...
Indian firm Vedanta plans to invest in Saudi Arabia’s mineral sector
Indian multinational mining company Vedanta Group has stated that it is exploring potential investment opportunities in the mineral sector of Saudi Arabia.
Vedanta said in...
ACWA Power starts work on $300mn wind project in Azerbaijan
Saudi Arabia-based power plant developer, ACWA Power and the Azerbaijani Ministry of Energy have started the construction works on a 240-megawatt wind energy project...
