Category: Saudi Arabia

Saudi's Aramco has granted contracts valued at over $3.3 billion to Sinopec and Tecnicas Reunidas for the construction of a gas facility in The Kingdom. (Photo: Askarim | Shutterstock)
Estimated read time 2 min read
Business China Saudi Arabia Spain

Aramco awards $3.3 billion gas contract in Saudi Arabia to China and Spain

  • Post Date 01/22/2024

Saudi Aramco, the world’s largest oil exporter, has recently awarded contracts worth over $3.3 billion to Chinese company Sinopec and Spain’s Tecnicas Reunidas. The contracts [more…]

A groundbreaking new agreement signed by Turkish company Tosyali Holding is paving the way for a $5 billion steel plant in Saudi Arabia. (Photo: Tosyali)
Estimated read time 2 min read
Business Saudi Arabia Turkey

Turkey’s Tosyali signs $5 billion deal for steel plant in Saudi Arabia, eyes expansion across Africa and Europe

  • Post Date 01/18/2024

Turkish industrial conglomerate Tosyali Holding has inked a monumental deal to construct a $5 billion steel plant in Saudi Arabia, as revealed by the company’s [more…]

In a surprising move in 2021, Saudi Arabia declared that, by 2024, international companies without regional HQs in the country would no longer be eligible for business. (Photo: Wikipedia)
Estimated read time 3 min read
Business Saudi Arabia

Saudi Arabia stays firm, foreign companies must relocate regional HQ by 2024

  • Post Date 10/27/2023

In a bold and surprising move back in February 2021, the Saudi government sent shock waves through the international business community by announcing that, by [more…]

Saudi Arabia's $500 billion NEOM project is a futuristic city designed to diversify the country's economy away from oil dependency. (Photo: NEOM)
Estimated read time 3 min read
Business Denmark Saudi Arabia

Saudi Arabia’s $500 billion NEOM project partners with Denmark’s DSV in a $10 billion joint venture

  • Post Date 10/24/2023

Saudi Arabia’s ambitious NEOM project, a central component of Crown Prince Mohammed bin Salman’s Vision 2030 reform plan, is set to take a significant step [more…]

The Saudi Arabian pavilion at the sixth China-Arab States Expo, located in Yinchuan, within the autonomous region of Ningxia Hui in northwest China. (Photo: Chang Sha | People's Daily Online)
Estimated read time 3 min read
Business China Saudi Arabia

China-Arab States expo concludes, securing deals valued at $23.4 Billion

  • Post Date 09/24/2023

Welcome to the China-Arab States Expo 2023, a premier event that serves as a vital platform for fostering economic and cultural ties between China and [more…]