Uganda secures $295m loan from S. Arabia’s IDB
Uganda has recently inked a deal with the Islamic Development Bank (IDB) of Saudi Arabia, securing a $295 million…
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Riyadh
Aramco raises dividend to $31b despite lower oil prices
Aramco raised its dividend payment to investors and the Saudi government, totalling $31.07 billion in the fourth…
Dubai to divest stake in parking business
Dubai’s government selling a 25 per cent ownership share in the city's public parking business through an initial…
S. Arabia’s Savola group to issue Almarai stake to shareholders
Saudi Arabia's Savola announced that it intends to give its eligible shareholders a 34.52 per cent stake in the…
Saudi Aramco requested to cut max capacity target back to 12 mbpd
Saudi Aramco said on Tuesday it was directed to lower its planned maximum sustainable oil production capacity from…
KNOC signs 5.3 mln barrel oil storage deal with Saudi’s Aramco
South Korea’s state-run Korea National Oil Corp (KNOC) announced on Monday that it has signed a deal with Saudi…
Palestine’s Tell al-Sultan placed on UNESCO’s world heritage list
Palestine's Tell al-Sultan pre-historic site, located near the occupied Palestinian city of Jericho is placed on…
Tatweer Misr sets to launch its 1st real estate project in Riyadh
Tatweer Misr, the leading real estate developer in Egypt, is preparing to announce details of the first real estate…
Egypt’s Talaat Moustafa Group develops Banan city in Saudi Arabia for $10.7bn
Talaat Moustafa Group (TMG), a leading real estate developer in Egypt, said on Sunday that it will launch Banan…
Saudi Arabia, Türkiye sign cooperation deal to boost mining field
Saudi Arabia and Türkiye signed a memorandum of understanding (MoU) to advance cooperation in mining sector,…
