Day: October 11, 2023

In a signing ceremony that took place today, the King Abdullah Financial District Management and Development Company (KAFD DMC) announced its strategic partnership with the Future Investment Initiative (FII) Institute. This groundbreaking collaboration solidifies their commitment to driving transformative change, bolstering economic resilience, and harnessing innovation to address society’s challenges. As a cornerstone of Riyadh’s

Aramco, one of the world’s leading integrated energy and chemical companies, Nanshan Group Co., Ltd., Shandong Energy Group Co., Ltd., and Shandong Yulong Petrochemical Co., Ltd. today signed a Memorandum of Understanding (“MoU”) to facilitate discussions relating to the possible acquisition by Aramco of a 10% strategic equity interest in Shandong Yulong Petrochemical Co., Ltd.

The construction of NEOM is now well underway, with significant development achieved since the last progress film was shared with the world in January 2023. Now, the second progress film reveals rapid advancements in the destination’s key regions, bolstered by large-scale investments and supported by market-leading partners, and talent from more than 90 countries. Major