Oil futures rose Wednesday after Saudi Arabia raised prices for crude sold in Asia, its largest market, and extended gains after official data showed U.S. crude inventories rose less than expected …
Oil edges higher after Saudi Arabia raises prices for crude to Asia
State producer Saudi Arabian Oil Co. known as Aramco, said Wednesday morning that it raised the official selling price of its flagship Arab Light crude for Asia by …
Bahrain’s Arcapita Capital secures $500M for Saudi logistics fund
Bahrain’s Arcapita Capital fund, KSA Logistics Fund III, aims to boost Saudi Arabia’s aspirations to become a global logistics hub.
Four Seasons Continues Its Signing Spree in Saudi Arabia
Four Seasons has quietly paved a path to becoming one of the most dominant luxury hotel chains in the country.
CAYAN GROUP AND HILTON OPEN FIRST HAMPTON BY HILTON IN SAUDI ARABIA
Cayan Group, in partnership with Hilton, today announced the opening of the first Hampton by Hilton hotel in Sau …
Arcapita powers Saudi Arabia’s industrial surge with $500 million logistics fund
The company is seeking to elevate the Kingdom’s global logistics profile through strategic real estate investments. Arcapita powers Saudi Arabia’s industrial surge with $500 million logistics fund.
Saudi Arabia looking to attract $80bln in private investments in tourism push
Earlier this week, Saudi Arabia launched an initiative to boost private investments in key tourism sites across the kingdom by 42 billion riyals ($11 billion) and drive a projected annual increase in …
AWS pledges $5.3bn for Saudi Arabia infrastructure region
The latest investment plans by Amazon Web Services (AWS) follow recent expansion announcements in Mexico and Japan.
Ericsson and Mobily evolve network in Saudi Arabia with Open RAN
Ericsson (NASDAQ: ERIC) and Etihad Etisalat (Mobily) have signed a Memorandum of Understanding (MoU), aimed at enhancing and evolving the network in Sau …
Is Saudi Arabia’s Gas Megaproject Jafurah Too Good to be True?
According to Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman last week, an extra 15 trillion cubic feet (tcf) of gas deposits has been proven at Saudi Aramco’s Jafurah gas field.