Feature Aramco raises dividend to $31b despite lower oil prices Nada Ali Mar 10, 2024 0 Aramco raised its dividend payment to investors and the Saudi government, totalling $31.07 billion in the fourth…
Tech/AI Saudi Arabia offers 30-year tax relief for firms moving HQs to Kingdom Nada Ali Dec 6, 2023 0 Saudi Arabia plans to offer a 30 years of tax relief for multinational companies (MNC) to establish regional…
International News Islamic-Arab summit: leaders demand immediate ceasefire in Gaza Nada Ali Nov 13, 2023 0 Saudi Crown Prince Mohammed bin Salman reiterated on Saturday the kingdom’s call for an “immediate cessation” of…
MENA News Saudi Arabia plans to raise $11bln syndicated loan Nada Ali Sep 17, 2023 0 Saudi Arabia's Ministry of Finance has appointed Industrial and Commercial Bank of China Ltd (ICBC) as coordinator…
News Saudi Arabia, U.S. inks deal to set up intercontinental green corridor Nada Ali Sep 11, 2023 0 The Kingdom of Saudi Arabia (KSA) and the United States formalised an agreement through a MoU to establish…
MENA News Saudi Arabia’s Neom seeking to raise loan of $2.7bln Nada Ali Sep 6, 2023 0 Saudi Arabia’s megaproject Neom is seeking to rise a 10 billion riyals ($2.7 billion), will be used to fund the…
News Saudi Arabia launches $200 mln fund to invest in high-tech Nada Ali Aug 21, 2023 0 Saudi Arabia has launched a $200 million fund to invest early in domestic and international high-tech companies as…
Tech/AI Saudi Arabia’s sovereign fund PIF eyes net-zero emissions by 2050 Yomna Yasser Nov 7, 2022 0 Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF) aims to attain net-zero emissions through…
News Saudi King appoints Crown Prince Mohammed bin Salman as Prime Minister Nada Ali Sep 28, 2022 0 Saudi King Salman Bin Abd al-Aziz has decided to appoint his son Prince Mohammed bin Salman as the Kingdom’s prime…
Tech/AI Saudi Arabia to launch company to attract $10 billion investments in Egypt Nada Ali Aug 7, 2022 0 Saudi Arabia’s Public Investment Fund (PIF) has signed on Saturday a draft agreement with the Sovereign Fund of…