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

Gulf Air Receives APEX Five Star Major Official Airline Rating

Manama, Kingdom of Bahrain: For two consecutive years, Gulf Air – the national carrier of the Kingdom of Bahrain – has received APEX’s Five Star Major Official Airline Rating at the APEX EXPO which was held in-person between 30 November and 2 December 2021. Based solely on certified passengers’ feedback, the rating comes as a

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

Saudi Aramco Invests $5.5m In Fintech Startup Lamaa

Fintech startup Lamaa secured a $5.5M seed round led by Raed Ventures and Saudi Aramco’s entrepreneurship arm Wa’ed. The investment comes in line with Saudi Arabia’s commitment to SMEs’ financial inclusion part of the kingdom’s vision 2030 push. Lamaa, a Riyadh-based fintech startup which provides invoice financing solutions for small and medium sized enterprises (SMEs), has announced

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

India To Resume Regular International Flights After 21 Months

India will resume regular, scheduled international flights from December 15 after a gap of almost 21 months, the Directorate General of Civil Aviation (DGCA) announced here today. Normal international flights into and out of India were suspended on 23rd March last year following the global outbreak of COVID-19. However, depending on the pandemic situation both

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