With $41.1 billion in revenue in 2023, the American company is one of the biggest chemical producers in the world
King Abdullah Financial District
Latest in King Abdullah Financial District
King Abdullah Financial District
Riyadh’s KAFD announces monorail project; 3.6km track will have 6 stations
King Abdullah Financial District Development announces Riyadh monorail to integrate with the Metro in Saudi Arabia
digital transformation
There is no one-size-fits-all digital transformation solution, says Orange Business SVP Sahem Azzam
Sahem Azzam, Senior Vice President for the Middle East, Africa, and Turkey at Orange Business, weighs in on the importance of digital transformation and how businesses must digitise to stay ahead of the curve
Investment
Saudi Arabia considers free zones for cloud computing and manufacturing
Saudi Crown Prince Mohammed bin Salman is trying to turn the conservative Islamic kingdom into an investment powerhouse and a global hub for business as part of his Vision 2030 plan to diversify away from oil
Atkins
UK’s Atkins looks to double Riyadh workforce by end-2019
Construction consultancy Atkins says mega projects in Saudi Arabia are driving growth in business
Crown Prince Mohammed bin Salman
Trendy makeover for Saudi Arabia’s delayed banking hub
The King Abdullah Financial District is being revamped to blend business with residential and lifestyle destinations
Cyprus
Saudi contractor said to default on almost $2bn
Sources say the Saudi unit of Cyprus-based Joannou & Paraskevaides Group defaulted on about $1.9bn in bank loans about two months ago
Al Ghadir land plot in Riyadh
Saudi’s PIF buys substantial plot in Riyadh for record sum
Public Investment Fund is among investors backing NEOM, the $500 billion business and industrial hub which will stretch into Jordan and Egypt
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Crown Prince Mohammed bin Salman
Saudi king holds first cabinet meeting in kingdom’s ‘city of dreams’
The sci-fi city of Neom on the Red Sea coast is designed to represent Saudi Arabia’s efforts to transform itself away from oil
Bakr Binladin
Binladin Group receives $2.9bn government loan – report
The government is expected to take a significant stake of 35 percent in the construction company