Category: News

flynas and CFM Finalize RPFH Agreement for LEAP-1A engines

In conjunction with French President Emmanuel Macron’s state visit to Saudi Arabia, the flag low-cost carrier flynas has finalized a multi-year Rate Per Flight Hour (RPFH) agreement with CFM International for the LEAP-1A engines powering the airline’s fleet of 80 Airbus A320neo aircraft. The support agreement is valued at US$4 billion at list price pertaining

Aramco announces collaboration with French companies

The Saudi Arabian Oil Company (“Aramco” or “the Company”) today announced the signing of five agreements with leading French companies, including an agreement to explore a hydrogen-powered vehicle business with Gaussin, a pioneer in clean and intelligent transport solutions. Signing of the agreements took place during an event in Jeddah, organized by the Ministry of

Standing on the shoulders of our pioneers

The year was 1945 — the average cost of a new house in the United States was $4,600, the average annual salary was $2,400, and the World War II was in its final throes. This was the heyday of magazine publishing and LIFE magazine was renowned for the excellence of its photographic essays and the

Aramco awards contracts worth $10bn for vast Jafurah field development, as unconventional resources program reaches commercial stage

  The Saudi Arabian Oil Company (“Aramco” or “the Company”) today announced the start of development of the vast Jafurah unconventional gas field, the largest non-associated gas field in the Kingdom of Saudi Arabia. The Company has awarded subsurface and Engineering, Procurement and Construction (EPC) contracts worth $10 billion, with capital expenditure at Jafurah expected

Ahead of exciting 2022 events season

AlUla, Saudi Arabia, 19 November 2021: AlUla International Airport received today its first-ever direct international flight, operated by leading low-cost Saudi Airline flynas. flynas XY219 departed DXB at 11:30 and touched down in AlUla at 13:40 on Friday 19th November marking the first international passenger flight to the ancient city of AlUla. The aircraft was welcomed

Saudi shines at world’s biggest tourism event

Saudi, the authentic home of Arabia, has officially opened WTM London 2021, bringing together Saudi’s key partners and cementing its presence at the most iconic event in the annual tourism calendar. Despite the challenge of the pandemic, Saudi’s tourism sector has witnessed strong growth over the past eighteen months. Domestic tourism in the country saw

Aramco and TotalEnergies launch their retail network in Saudi Arabia

Aramco and TotalEnergies have launched the first two service stations of their joint retail network in Riyadh, Saudi Arabia’s capital, and Saihat, in the country’s Eastern Province. It follows the signing of a 50:50 Joint Venture (JV) Agreement between Aramco and TotalEnergies in 2019, with plans to  significantly upgrade a network of 270 service stations

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