The Future Investment Initiative (FII) Institute has announced that the 9th edition of its flagship conference, FII9, will welcome an unprecedented line-up of more than 600 distinguished speakers and 20 confirmed Heads of State.
ROSHN Group, Saudi Arabia’s leading multi-asset class real estate developer and a Public Investment Fund (PIF) company, has launched a new release of The Garden Collection villas in the fully integrated SEDRA community in North Riyadh.
Parsons Corp has secured a key design and construction supervision contract from Diriyah Company for Phase II of its mega project in Riyadh. The scope of work includes the delivery of a series of neighbourhood parks and over 55km of streetscape.
EICT, a leading Saudi Arabian ICT and systems integration company, has officially launched the IO by HFCL portfolio of enterprise Wi-Fi and networking solutions in the Kingdom of Saudi Arabia.
Aleph Hospitality announced its expansion in Saudi Arabia, signing agreements for five hotels and planning six more, at the Future Hospitality Summit in Dubai . This increases its portfolio to 11 hotels with 2,354 keys.
India's top construction conglomerate Larsen & Toubro (L&T) has announced that one of its key units has secured a batch of grid infrastructure orders - worth nearly Rs50 billion ($569 million) - for construction of 380 kV substation and transmission lines in Saudi Arabia.
Saudi Arabia and Pakistan have agreed to launch an economic cooperation framework, based on the two countries' shared economic interests.
The Middle East and North Africa region continued to demonstrate healthy activity and investor interest, with 11 IPOs raising $700 million in total proceeds. The IPO pipeline remains strong, with 19 companies and funds intending to list on the region’s exchanges.
The Kingdom of Saudi Arabia's 40% budget and expenditures are now being financed by non-oil revenues, and notably, 90% of FDI in the country is non-oil, said its senior minister at the Future Investment Initiative (FII9) summit in Riyadh.
Masdar, a Abu Dhabi energy company, has been awarded two solar photovoltaic (PV) projects, with a combined capacity of 2 gigawatts (GW), under the sixth round of bidding in Saudi Arabia's National Renewable Energy Program (NREP).
