Genesys International lands Rs 35cr deals with NEOM and Saudi Geological Survey for advanced mapping technologies
Genesys International Corporation Limited has landed major contracts worth Rs 35 crore, in collaboration with two influential entities—NEOM Ltd and the Saudi Geological Survey. This ... Read More
Saipem shares rise after $2bn contract win from Saudi Aramco for Marjan field
Saipem, the Italian energy services giant, saw its shares rise by 2.5% after securing a major $2 billion offshore contract from Saudi Arabian Oil Company ... Read More
Alcoa restructures partnership with Ma’aden in $1.1bn deal
Alcoa Inc. (NYSE: AA, ASX: AAI) has entered into a binding share purchase and subscription agreement with Saudi Arabian Mining Company (Ma’aden) to sell its ... Read More
Scana wins massive battery storage contract in Saudi Arabia, shaking up the energy market
Scana, a Norwegian industrial investment company, has secured a significant contract to deliver a battery energy storage system (BESS) in Saudi Arabia. This contract represents ... Read More
Saudi Arabia welcomes Wardwizard Innovations: New EV manufacturing plants to boost green mobility
Wardwizard Innovations & Mobility Limited (WIML), a leading name in the electric vehicle (EV) industry, has recently made headlines by securing a Letter of Intent ... Read More
TAQA, JERA secure financial closing for 475MW cogeneration plant in Saudi Arabia
Abu Dhabi National Energy Company PJSC (TAQA) and JERA Co., Inc. (JERA) have announced the successful financial closure of Najim Cogeneration Company Limited, marking a ... Read More
Organon and Eli Lilly expand global reach of migraine treatment Emgality
Organon and Eli Lilly and Company have expanded their commercialization agreement for Emgality, a leading migraine treatment, into 11 additional markets, reinforcing their commitment to ... Read More
Allegations against Saudi Crown Prince Mohammed bin Salman over Yemen war decision
Recent allegations against Saudi Arabia’s Crown Prince Mohammed bin Salman (MBS) claim that he forged his father King Salman’s signature to initiate the kingdom's involvement ... Read More
Oracle boosts Saudi Arabia’s AI economy with new public cloud region in Riyadh
Oracle Corporation has announced the launch of its second public cloud region in Saudi Arabia, marking a significant milestone in the company's ambitious expansion plans. ... Read More
Aramco to acquire 22.5% in Petro Rabigh from Sumitomo Chemical in $702m deal
In a transformative move for the global energy and petrochemicals markets, Aramco has secured a definitive agreement to acquire an additional 22.5% stake in Rabigh ... Read More