Tag: Saudi Arabia Business News
UK-based GDI to build $1bn modular assembly plant in Saudi’s NEOM
UK-based full-scale developer Gulf Development International (GDI) will construct one of the largest volumetric modular assembly plants in the world within Saudi Arabia’s megacity...
Saudi leads globally in govt & entrepreneurs response to COVID-19
The Global Entrepreneurship Monitor (GEM) report for 2020-2021 has ranked Saudi Arabia first globally for the response of government as well as of entrepreneurs...
AVEVA, IMI extend collaboration to drive digital transformation in maritime sector
AVEVA, a global leader in engineering, industrial software, and International Maritime Industries (IMI), announced that they have extended their existing long-term collaboration with a...
ACWA Power, Neutral Fuels ink biofuel supply deal for Saudi Red...
Saudi Arabia-based power plant developer ACWA Power has signed a Memorandum of Understanding (MoU) with the GCC’s largest biofuel producer Neutral Fuels for supplying...
French firm CMN contracts Mammoet to launch two floating drydocks in...
French naval ship design and construction company Constructions Mécaniques de Normandie (CMN) has commissioned two floating drydocks built at Zamil Shipyard in Dammam for...
Saudi’s Red Sea Development unveils first 100% renewable bottled water plant
Saudi Arabia’s mammoth tourism project developer, The Red Sea Development Company (TRSDC) has inaugurated the first desalination plant using solar and wind energy in...
Saudi Fund inks $10mn export financing deal with National Bank of...
The Saudi Fund for Development (SFD) has signed an export finance deal worth $10 million with the National Bank of Iraq to provide credit...
Saudi Arabia’s non-oil export surges 23.1% to reach $15.9bn in Q1...
Saudi Arabia’s non-oil exports increased by 23.1 percent year-over-year in the first quarter of 2021 to $15.9 billion, according to the General Authority for...
