Tag: Saudi Arabia Business News
PIF-owned Cruise Saudi joins world’s leading industry trade association
The sovereign wealth fund of Saudi Arabia, Public Investment Fund (PIF)-owned company, Cruise Saudi has officially joined the Cruise Lines International Association (CLIA) as...
Spain-based ACCIONA wins contract to build & operate 3 sewage treatment...
Spanish multinational conglomerate ACCIONA, along with its local partners Tawzea and Tamasuk, has been awarded the financing, construction, and 25-year operation of three major...
Saudi PIF acquires 25% stake in Emaar The Economic City
Saudi Arabia’s sovereign wealth fund, Public Investment Fund (PIF) has acquired a 25 percent stake in Emaar The Economic City (EEC), the master developer...
Saudi PIF-owned SRC acquires housing portfolio from Banque Saudi Fransi
The Saudi Real Estate Refinance Company (SRC), a wholly-owned company of the Public Investment Fund (PIF), has entered into a partnership agreement with Banque...
Guinness World Records: Largest LEGO F1 car completed in Saudi Arabia
The Saudi Automobile & Motorcycle Federation (SAMF), promoter of the Formula 1 (F1) Saudi Arabian Grand Prix 2021, has secured an official World Record...
Moody’s upgrades baseline credit assessment of Saudi Telecom Company
Saudi Telecom Company's (STC) baseline credit assessment has been upgraded from a2 to a1 by Moody's Investor Service, a bond credit rating company, citing...
SABIC, Bently Nevada ink strategic alliance for asset management service
Saudi Basic Industries Corporation (SABIC), the fourth largest chemical company in the world and Bently Nevada, a digital solution providing arm of US-based Baker...
Saudi’s DGDA strives to position Diriyah as one of the world’s...
Saudi Arabia's Diriyah Gate Development Authority (DGDA), an entity established to make Diriyah one of the world’s great gathering places has been implementing large...
