The National Industrial Development and Logistics Program (NIDLP) contributed 39% to Saudi Arabia’s non-oil GDP in 2024, amounting to SR986 billion, up from SR949 billion in 2023, according to the ...

The kingdom’s unprecedented policy shift aims to boost real estate investment while navigating religious and social ...

Explore the extravagant possessions of Gulf royals, including priceless art, luxurious yachts, and cultural treasures that ...

OPEC 12 output for May 2025 was revised lower by 6 kb/d and April 2025 output was revised lower by 2 kb/d compared to last ...

The MENA region's diversification is supported by institutional reforms, improved regulatory frameworks, and financial ...

The Saudi energy giant is understood to have picked contractors for five CRPOs that are estimated to be worth billions of dollars and relate to EPCI of key structures at offshore oil fields ...

The MENA Energy Recap is a quarterly review of key energy developments that took place in the region from April through June ...

Kingdom's premier gigaproject could slash an estimated 20 percent of its workforce amid cost cutting, Semafor reports ...

The move by Saudi Arabia to review one of its megaprojects comes amid global scrutiny of its ambitious infrastructure agenda.

Sources tell Reuters that the deal is backed by infrastructure, including pipelines, gas processing plant, and similar to the one Aramco agreed in 2021 ...

Dubai Saudi Aramco is in advanced discussions with a consortium spearheaded by BlackRock to secure approximately $10 billion ...

DUBAI/LONDON: Saudi Aramco is close to a deal to raise around $10 billion from a group led by BlackRock that has been set up ...