Aramco, one of the world’s leading integrated energy and chemicals companies, has signed definitive agreements to acquire a 10% interest in Shenzhen-listed Rongsheng Petrochemical Co. Ltd. (“Rongsheng”) for RMB 24.6 billion ($3.6 billion at current exchange rates), in a deal that would significantly expand its downstream presence in China. Through the strategic arrangement, Aramco would supply
Amazon Alexa is set to offer users a smarter, more spiritual, and more entertaining experience this Ramadan, adding new features during the Holy Month, building on its existing features such as requesting for prayer times, setting reminders, and adding in quizzes and recipes. Amazon Alexa continues to focus on hyper local customer interests, culture, and
Aramco has signed a non-binding Memorandum of Understanding (MoU) with Samsung Electronics Co., Ltd., which sets forth preliminary plans for a strategic collaboration that would localize an industrial 5G technology ecosystem, starting with private networks, in Saudi Arabia. The proposed collaboration aims to contribute to the digital transformation of various industrial sectors in Saudi Arabia,
The Board of Directors of SABIC, a global leader in the chemicals industry, confirmed the appointment of Mr. Abdulrahman Al-Fageeh as Chief Executive Officer and Executive Member of the Board, effective March 21, 2023. Al-Fageeh has served as acting CEO of SABIC since September 28, 2022, succeeding H.E. Mr Yousef Al-Benyan who was appointed Minister
Muscat, Oman; 16th March 2023: Dar Global, the renowned international luxury real estate developer, has officially launched the sales of AIDA, one of Oman’s most significant premium mixed-use real estate projects directly by the sea, located just 10 minutes from Downtown Muscat. AIDA is set to redefine luxury living, offering a unique landscape with stunning elevated sea
On the occasion of World Water Day, the International Humanitarian City in Dubai, in collaboration with its community, organized a roundtable aimed at raising awareness of the need to ensure access to clean and safe water for all people around the world, and the efforts deployed by the international humanitarian community in this regard. “Climate
KFSH&RC invites patrons and partners to partake in the milestone conference ‘Digital Health Conference’, which is set to gather over 50 speakers from leading healthcare markets and thousands of attendees from more than 15 participating countries. The conference’s Riyadh edition will focus on applied AI in healthcare, presenting cutting-edge technologies and unpacking its benefits in
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