Dar Al Arkan is one of the 30 Saudi companies that have joined the MSCI Emerging Markets Index as part of the Saudi Stock Exchange (Tadawul) inclusion into this index. Mr. Yousef Al Shelash, Chairman of Dar Al Arkan Real Estate Development Company, said: “We congratulate the Saudi Stock Exchange Market on its successful inclusion
Aramco is expanding its downstream business at home as well as in new markets, particularly in Asia, in its efforts to become the largest integrated energy firm. As part of its expansion plan, Aramco has moved to a new and bigger office in Singapore at OUE Bayfront. Occupying 28,665 square feet of prime office space
In collaboration with Aramco’s Environmental Protection Department, Khurais Producing Department (KhPD) has recently rehabilitated the site of its fenced area into three sparkling ponds with more than 120 local tree saplings, three bird nesting towers, and two small natural rock shelters, transforming it into the heart of the Khurais Biodiversity Area. KhPD manager Mohammed I.
Saudi Aramco today signed a Memorandum of Understanding (“MoU”) with China’s Zhejiang Free Trade Zone, in which the Zhoushan Government emphasized its support for incentivizing Saudi Aramco’s greater investment in Zhejiang’s future downstream growth. The MoU was signed in conjunction with a visit to Saudi Aramco’s headquarters in Dhahran by Yuan Jiajun, Governor of the
Thirty American science teachers recently went on an educational trek across the southwestern U.S. in a geology program that combines classroom learning with real world experiences sponsored by Houston-based Aramco Services Company (ASC). Founded in 2007, the annual Geology Camp (G-Camp) is a Texas A&M University program investing in the professional development of teachers, and
Saudi Aramco has deployed roughly 1,000 tons of artificial reefs throughout the Arabian Gulf to help rebuild marine ecosystems as well as support the local fisheries industry. Last year, artificial reefs were deployed at both Safaniyah and Al Khafji — 1,220 artificial reef units at Safaniyah and 459 units at Al Khafji. This effort contributes
The next chapter in unconventionals will be written by companies who compress innovation cycle time, remain laser focused on financial metrics, and adopt a broader innovation mindset to gain a competitive edge. That was the overriding message from the opening session of this year’s Unconventional Resources Technology Conference (URTeC) in Denver, Colorado. Aramco’s technical presence has strengthened