ARTICLES/PRESS RELEASES

Press Releases

Saudi Arabia names businessman as labor minister, boosts culture and environment

June 10, 2018

King Salman also issued royal orders setting up state bodies to promote culture and protect the environment, and appointed a cleric known for moderate...

Press Releases

Workshops call for more women participation in tourism sector

June 10, 2018

JEDDAH – Women have an integral role in building the tourism sector in Makkah as current developmental activity has opened up plenty of opportun...

Press Releases

Saudi Red Sea project to offer visa on arrival for tourists

June 10, 2018

LONDON: Saudi Arabia’s Red Sea project will offer visas on arrival for overseas visitors following the creation of a company to deliver the ambitious ...

Press Releases

WorleyParsons Saudi Arabia wins new GES contract

June 10, 2018

WorleyParsons has been awarded a General Engineering Service (GES) contract by Yanbu Aramco Sinopec Refining Co. Ltd (YASREF) to help optimise the pro...

Press Releases

Aramco awards Halliburton contract for unconventional gas services

June 10, 2018

DUBAI, May (Reuters) – Saudi Aramco said on Sunday it has awarded Halliburton a contract for unconventional gas stimulation services.The contrac...

Press Releases

Saudi dairy firm Almarai plans $2.8 billion five-year capital investment

June 5, 2018

DUBAI (Reuters) – Saudi Arabia’s Almarai 2280.SE, the Gulf’s largest dairy company, plans to spend 10.6 billion riyals ($2.8 billion) in capital...

Press Releases

Goldman eyes multibillion dollar deal to fuel Saudi expansion

June 5, 2018

Goldman Sachs has been building its presence in Saudi Arabia for some time, boosting headcount, securing a stock-trading license and getting involved ...

Press Releases

Saudi Arabia’s Non-Oil Income Jumps By 63% As Reforms Take Effect

June 5, 2018

Saudi Arabia revealed that its non-oil income rose by 63% during the first quarter of 2018 due to its tax collection drive and other economic reforms....

Press Releases

Saudi Aramco appoints first woman to the board

June 5, 2018

DUBAI (Reuters) – Saudi Aramco, the world’s top oil company which is preparing to go public, said on Sunday it has appointed new members to its ...

Press Releases

Saudi Arabia, US share ‘identical views’ on regional issues

June 5, 2018

RIYADH: Saudi Arabia’s Minister of Foreign Affairs Adel Al-Jubeir stressed the deep and strategic relations between the Kingdom and the United States ...

Press Releases

Saudi Arabia ‘Destination for Muslims’ tourism drive: a guide

June 4, 2018

The “Destination for Muslims” initiative — launched as part of the Vision 2030 unveiled last year by Saudi Arabia — targets Umrah visitors, Muslim tra...

Press Releases

Saudi Arabia’s Energy Sector Prepares to Embrace Blockchain Technology

June 4, 2018

While there has been growing global interest in blockchain technology, very few actual use cases exist right now. That is only normal, as such venture...

Press Releases

Saudi Arabia launches $34.6 bln Quality of Life Program 2020

June 4, 2018

Saudi Arabia’s Council of Economic and Development Affairs has launched the Quality of Life Program 2020, with a total expenditure of $34.6 billion (1...

Press Releases

Saudi Arabia says higher oil prices won’t change the pace of its reforms

June 4, 2018

Higher oil prices won’t change the pace of Saudi Arabia’s reforms, the country’s finance minister told CNBC Wednesday.”Higher ...

Press Releases

Drill bit manufacturer sets standards in Saudization

June 4, 2018

For more than 80 years, Baker Hughes, a General Electric Co. (BHGE), has played a key role in the Kingdom’s oil and gas supply chain ecosystem. It cel...