Lucid Group, which is backed by the Public Investment Fund, said its factory in Saudi Arabia is transitioning from construction to industrialisation. Manufacturing systems across stamping, body, paint and final assembly are being installed and commissioned in preparation for production trials at the 1.36 million square meters AMP-2 site in King Abdullah Economic City (KAEC),
Saudi Arabia has slightly lowered the official selling price for its flagship Arab Light crude oil to Asia in September, according to a pricing statement released on Thursday. State oil company Saudi Aramco <2223.SE> set the OSP for Arab Light to Asia at $2 a barrel below the Oman/Dubai average for September, the document showed.
Infrastructure registered the strongest growth among the three major construction segments in Saudi Arabia in July, supported by government-backed transportation and utilities projects, Alrajhi Capital said in a survey. The latest rise in infrastructure work was the steepest since the survey began in January. The headline seasonally adjusted Saudi Construction Index declined marginally to 55.2
stc group, a leading digital enabler, and Disney+ announced a collaboration to bring the world’s most iconic stories to stc customers across the Kingdom through stc tv. The new relationship extends Disney+ across selected stc services, including Baity broadband packages and bundled subscription offers, making it easier for households to access premium entertainment while strengthening stc group’s entertainment proposition. Through this
webook.com, the global technology platform for live experiences, has launched the first AI Booking Assistant in Saudi Arabia that allows users to discover events, receive tailored recommendations and move towards a secure ticket purchase from the digital channels they already use. Available at launch across X, Instagram, WhatsApp, the assistant connects conversational requests with live,
AlBaik Saudi Arabia is more than a familiar fast-food name. For many people in the Kingdom, it is connected with road trips, family meals, visits to Makkah and Madinah, quick lunches and the simple excitement of opening a box of fried chicken with garlic sauce on the side. The brand has been part of Saudi
The Council of Ministers has approved a framework allowing investors to develop planned land and construct housing units for beneficiaries of developmental housing programs in exchange for ownership of a percentage of the land. During its session held in Jeddah on Tuesday, chaired by Crown Prince and Prime Minister Mohammed bin Salman, the Cabinet also
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