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

Riyadh Air, Saudi Arabia’s new world-class airline and fully owned by the Public Investment Fund (PIF), in collaboration with the Saudi fashion designer Ashi, founder of Parisian couture house ASHI Studio, has unveiled its first-ever fashion collection, during Haute Couture Week in Paris. The airline took to the runway in style showcasing its stunning new

UFC® made history with its first event in the Kingdom of Saudi Arabia on an unforgettable night at the Kingdom Arena. Fight fans in the capital had been treated to a host of UFC Fight Week activities, with Saturday night’s spectacle living up to all expectations with a compelling lineup of matches. UFC President and

In the presence of His Royal Highness, Prince AbdulAziz bin Salman bin AbdulAziz Al Saud, Minister of Energy, ACWA Power, a Saudi-listed company and a leader in energy transition, the Water and Electricity Holding Company (Badeel), a wholly owned company of PIFand Saudi Aramco Power Company (SAPCO), a wholly owned subsidiary of Aramco,today announced the

Further to the announcement made on 18 January 2024 with respect to a binding agreement to acquire a 32.6% strategic stake in DME Holdings Limited, Saudi Tadawul Group Holding Company (the Group), a leading diversified capital markets group in the MENA region, is pleased to announce that it has completed the acquisition in DME Holdings

Introducing a paradigm shift in opulent living and hospitality, Dar Global, the luxury international real estate developer, launches The Trump International Resort, Golf Club & Residences at its stunning AIDA project, Oman, one of the largest premium mixed-use real estate developments in the world. Encompassing a luxury hotel, hanging suites, furnished villas and apartments serviced

Aramco, one of the world’s leading integrated energy and chemicals companies, and Sempra, one of North America’s leading energy infrastructure companies, today announce that their respective subsidiaries have executed a non-binding Heads of Agreement (HoA) for a 20-year sale and purchase agreement (SPA) for liquefied natural gas (LNG) offtake of 5.0 million tonnes per annum