Month: June 2024

Aramco, one of the world’s leading integrated energy and chemicals companies, has awarded contracts worth more than $25 billion to progress its strategic gas expansion, which targets sales gas production growth of more than 60% by 2030, compared to 2021 levels.  The contracts relate to phase two development of the vast Jafurah unconventional gas field,

Jeddah Season 2024 activities have commenced under the slogan “Once Again” at Jeddah Art Promenade on Thursday. The launch featured drone displays, fireworks, visual presentations, and roaming performances. The season, inaugurated under the patronage of Prince Saud bin Mishal, Deputy Emir of Makkah Region and Chairman of the National Calendar Committee for Jeddah Governorate, aims

The value of Saudi Arabia’s non-oil exports to China during the past five years from 2019 to 2023 exceeded SR176 billion ($46.93 billion). Chemicals, polymers and metals topped in the list of Saudi non-oil exports to China, a report said. China occupies a prominent position as the first destination for Saudi exports, with a ratio

Saudi Arabian Logistics (SAL) has announced that it has signed a service contract with Air China, under which SAL will provide comprehensive air cargo handling services for Air China. The agreement marks a strategic partnership that reflects SAL’s commitment to expanding its air cargo handling services and strengthening its presence in the global logistics market.

The Turkish Airlines has introduced new flights from Rize, a coastal city in the eastern part of the Black Sea Region of Turkey, to Jeddah and Riyadh. The new routes aim to meet the increasing demand for international travel between Turkey and Saudi Arabia, a report said. The airlines will operate a weekly service between

Luxury fashion brand Marina Rinaldi is pleased to announce the much-anticipated opening of its store in Riyadh, Saudi Arabia. The label is owned by the Italian Fashion House Max Mara Fashion Group, whose other brands include Max Mara, Sportmax, Weekend Max Mara and Max & Co. This milestone marks a significant expansion for the brand, bringing its renowned Italian craftsmanship and

Aramco, one of the world’s leading integrated energy and chemicals companies, through a wholly owned subsidiary has signed definitive agreements to acquire a 10% equity interest in HORSE Powertrain Limited, the new global powertrain solutions company, alongside Renault Group, Zhejiang Geely Holding Group, and Geely Automobile Holdings Limited (“Geely”). HORSE Powertrain Limited was formed on