Saudi Arabia's Al Moammar Information Systems Company (MIS) has signed a memorandum of understanding (MoU) with Saudi Fransi Capital, acting on behalf of Saudi Data Center Fund 1, to study the development of three additional data centres across Saudi Arabia.
US Secretary of Energy Chris Wright and Saudi Minister of Energy Prince Abdulaziz bin Salman have signed a peaceful nuclear cooperation agreement, commonly known as a 123 agreement, alongside an accompanying bilateral safeguards agreement.
Ampo Poyam Valves has been selected to supply 180 large-sized engineered gate valves, including 148 cryogenic service gate valves, for Saudi Aramco’s Riyas NGL Fractionation Trains project in Jubail, Saudi Arabia.
Saudi Arabia's Safari Group has clinched a major contract from Matarat Holding to expand Hail Airport under the Airports Cluster II programme. On completion, the airport will have spacious departures and arrivals areas as well as a new 5,600-sq-m southern extension to the existing terminal.
Saudi Arabia was the region's largest dividend payer, distributing an estimated $24.5 billion during the first quarter and accounting for almost 84% of all Middle East dividends, according to a new report.
Saudi Arabia ranks first globally in the World Economic Forum's Road Connectivity Index, reflecting years of investment that have expanded the kingdom's road network to more than 73,000 km and improved connectivity across its cities and governorates.
The Helicopter Company (THC), Saudi Arabia’s leading commercial helicopter operator, has announced its entry into the fixed-wing business aviation market by signing a letter of intent (LOI) with Bombardier for up to 60 business jets.
Senior Saudi and United Arab Emirates officials on Tuesday reaffirmed the close ties between the two Gulf nations, highlighting their shared history, deep-rooted brotherly relations and the role of their leadership in advancing regional prosperity.
US President Donald Trump has approved a 30-year civilian nuclear cooperation agreement with Saudi Arabia that could eventually allow the kingdom to enrich uranium for its nuclear energy programme under a modified oversight framework, CNN reported, citing two US officials and a source familiar with the matter.
Saudi Arabia’s ambition to welcome 150 million annual visitors by 2030, alongside an estimated $6.3 billion in potential private global real estate investment, is accelerating demand for integrated destinations that combine hospitality, retail, leisure and residential development, says a report.
