Business & Money | Tuesday 29 April, 2025 8:56 am

Saudi Arabia undergoes economic revolution: Prince Alwaleed bin Talal

Prince Alwaleed bin Talal Al Saud said the transformation taking place in Saudi Arabia is both historic and personal, expressing confidence in the country’s shift toward economic diversification, while referring to the Kingdom’s sweeping social reforms.  In an interview with Forbes...

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Business & Money | Tuesday 29 April, 2025 8:45 am

Saudi Aramco's unit, Sinopec ink $4B JV deal

Saudi Aramco's Singapore-based unit, Aramco Asia Singapore Pte. Ltd. (AAS), signed an agreement with China Petroleum & Chemical Corp. (Sinopec) and its unit Fujian Petroleum Chemical Company Ltd. (FPCL) to establish a joint venture (JV) company with a registered capital of $3.95 billion,...

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Business & Money | Tuesday 29 April, 2025 8:44 am

Exclusive Forbes Middle East Interview with HRH Prince Alwaleed bin Talal Al Saud On Power, Tariffs & The New World Order

 In a landmark conversation at Kingdom Center Tower in Riyadh, His Royal Highness Prince Alwaleed bin Talal Al Saud sat down exclusively with Forbes Middle East, offering rare and timely insights into the implications of a potential second Trump presidency, the mounting risks of global...

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Business & Money | Monday 28 April, 2025 10:11 am

Eastern Province offers SAR 330B in investments: Al Falih

Saudi Arabia’s Minister of Investment, Khalid Al-Falih, said that the Eastern Province offers more than 600 investment opportunities, with a total value exceeding SAR 330 billion.   Speaking at the Jubail Investment Forum 2025, Al-Falih pointed out that the stock of foreign direct...

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Business & Money | Monday 28 April, 2025 10:06 am

Emaar EC reschedules SAR 3.39B bank facilities

Emaar The Economic City (Emaar EC) signed agreements on April 27 to reschedule existing bank facilities and secure new financing arrangements, the company said in a statement to Tadawul.   The agreements were signed with Alinma Bank, Saudi Awwal Bank (SAB), Banque Saudi Fransi...

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Government | Sunday 27 April, 2025 11:43 am

Minister approves executive regulations of Investment Law

Saudi Minister of Investment approved the executive regulations of the Investment Law, aimed at enforcing its provisions and achieving the goals and objectives set forth therein.   According to Umm Al-Qura official gazette, the regulations consist of 37 articles and came into effect...

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Business & Money | Sunday 27 April, 2025 11:37 am

SABIC Agri-Nutrients says demand surge, shutdowns fuel price rise

The rise in agricultural nutrient prices during the first quarter of 2025 was primarily driven by stronger demand from key import markets, as they moved to build up inventories ahead of the spring planting season, said Fahad Albattar, CEO of SABIC Agri-Nutrients.   According to the...

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Culture & Education | Sunday 27 April, 2025 11:35 am

Ministry of Culture Signs MoU with SIRC to Promote Environmental Sustainability in Historic Jeddah

 The Ministry of Culture has signed a Memorandum of Understanding (MoU) with the Saudi Investment Recycling Company (SIRC) to enhance collaboration in waste management and recycling efforts within the Historic Jeddah district. This partnership aligns with the Ministry’s ongoing mission to...

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Business & Money | Sunday 27 April, 2025 10:41 am

Positive news may ease global market tensions, says Al-Jadaan

Mohammed Al-Jadaan, Saudi Minister of Finance and Chair of the International Monetary and Financial Committee (IMFC), expects within the next few weeks positive news that may help ease market and global economic tensions stemming from the trade war.   In an interview with Asharq...

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Business & Money | Sunday 27 April, 2025 10:21 am

NWC completes implementation of water projects in Jeddah for more than SR 400 Million.

The National Water Company (NWC) has completed the implementation of projects for drinking water networks and pipelines to supply the districts of Al Yaqout, Al Zomorrod and Al Luluoa in Jeddah governorate. This project is one of NWC’s development projects to support the water system...

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