Saudi aluminium products maker Talco has extended by six months a non-binding agreement to acquire a 60% stake in Dammam-based Eastern Aluminum Extrusion Factory. This extension will run from August 24 to February 23, 2027, allowing the firm additional time to complete due diligence procedures.
Visa is highlighting the continued growth of Visa Destinations, its global travel inspiration platform that helps travellers discover unique experiences across some of the world's most vibrant destinations, including Dubai, London, Paris, Singapore, Tokyo, New York and Sydney.
Saudi-based Arabian Drilling has announced that it has signed a contract with a new client in the GCC, thus marking its entry into a new Gulf market. The deal follows the early completion of its first international offshore drilling contract and the redeployment of the jack-up rig to another GCC country.
Saudi-based Alkhorayef Water and Power Technologies Company said it has secured a three-year contract from the National Water Company to provide operation and maintenance services for water and wastewater facilities at Al Khobar in the kingdom's Eastern Province.
A consortium of Saudi utility giant Acwa Power and US group Air Products has completed construction work on the $8.5-billion green hydrogen project at Oxagon within Saudi Arabia’s mega futuristic city NEOM, and commercial operations are set to begin next year, said a report.
Saudi-based Tarmeem for Development has signed an agreement with the King Salman Charity Housing Association to manage home renovation and maintenance projects. The agreement covers structural, architectural, and interior revamp in addition to electrical and mechanical works.
The Hub – Transport Advisory, a UK-headquartered specialist transport sector consultancy, has announced its expansion into Saudi Arabia with the support of AstroLabs, the Gulf’s leading business setup and growth platform. The Hub is already supporting Saudi Arabia Railways (SAR) on a strategic project.
Versatile International, the first fully integrated stone project management consultancy in the Middle East region, has started providing stone advisory services for Qiddiya City, one of the world’s most ambitious integrated city developments coming up in Saudi Arabia.
Bahri Logistics, a business unit of the National Shipping Company of Saudi Arabia (Bahri), has expanded its ship agency operations with the opening of two new offices at Yanbu Commercial and Industrial Ports and Ras Tanura Industrial Port.
Saudi-listed ASG Plastic Factory Company has announced that construction of its fourth expansion project at Sudair Industrial and Business City is expected to begin by the end of the third quarter, with commercial production targeted for the first quarter of 2028.
