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Tag: Saudi Arabia

Posted on April 23, 2025

Saudi Arabia ‘gigaproject’ stonewalls settlement offer from ex-CEO in $120mn lawsuit

Roshn, one of five “gigaprojects” backed by Saudi Arabia’s Public Investment Fund, received a settlement offer of less than $50mn from British-born David Grover in February, according to emails seen …

( read original story …)



Posted on April 23, 2025

Saudi Arabia Exploration and Production Report 2025: Saudi Arabia’s Crude Oil Production to Surge by 5.2% by 2029

Saudi Arabia’s crude oil and condensate production is set to increase by 5.2% between 2025 and 2029, hitting nearly 13 mmbd capacity. Major expansions at Berri, Zuluf, and Marjan are instrumental, …
Posted on April 23, 2025

Saudi Arabia Exploration and Production Report 2025: Saudi Arabia’s Crude Oil Production to Surge by 5.2% by 2029

Saudi Arabia’s crude oil and condensate production is set to increase by 5.2% between 2025 and 2029, hitting nearly 13 mmbd capacity. Major expansions at Berri, Zuluf, and Marjan are instrumental, …
Posted on April 22, 2025

Saudi Arabia is getting a new airline. Take a look at Riyadh Air’s Boeing 787 cabin designs.

Tony Douglas, CEO of the new Saudi Arabian carrier, told BI he wanted the “glamour” and “sophistication” of old airlines such as Pan Am or TWA.
Posted on April 22, 2025

Saudi Arabia is getting a new airline. Take a look at Riyadh Air’s Boeing 787 cabin designs.

Tony Douglas, CEO of the new Saudi Arabian carrier, told BI he wanted the “glamour” and “sophistication” of old airlines such as Pan Am or TWA.
Posted on April 22, 2025

India, Saudi Arabia exploring joint refinery, petrochemical projects, Modi says

India and Saudi Arabia are exploring joint projects in refineries and petrochemicals, Indian Prime Minister Narendra Modi told Arab News in an interview, as he began a two-day visit to the country on …
Posted on April 22, 2025

India, Saudi Arabia exploring joint refinery, petrochemical projects, Modi says

India and Saudi Arabia are exploring joint projects in refineries and petrochemicals, Indian Prime Minister Narendra Modi told Arab News in an interview, as he began a two-day visit to the country on …
Posted on April 22, 2025

PepsiCo: $2.4 Billion Has Been Invested in Saudi Arabia

US multinational food and beverage giant PepsiCo announced the launch of a new research and development center in Riyadh, as part of its strategic expansion across the Middle East. With an investment …
Posted on April 22, 2025

IMF cuts Saudi 2025 growth forecast, flags slower oil rebound as a drag on region

The International Monetary Fund on Tuesday lowered its 2025 GDP growth forecast for Saudi Arabia, while flagging headwinds for the broader region, including a more gradual resumption of oil production …
Posted on April 22, 2025

Al-Jadaan heads Saudi delegation attending WBG-IMF 2025 Spring Meetings

Minister of Finance Mohammed Al-Jadaan is heading Saudi Arabia’s delegation at the World Bank Group (WBG) and International Monetary Fund (IMF) 2025 Spring Meetings, which began in Washington, D.C on …

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