Saudi Arabia
PIF catalyst to achieving Vision 2030
First to be licensed outside of the UK
Riyad Bank PMI rose to 58.5 points in November
The bank has not yet received a formal proposal from any Saudi entity
The contract is worth $207 million per year
New project to contribute SAR27 bn riyals annually to non-oil GDP
Venture to reach revenues of $2 bn in next 10 years
Project to contribute SAR 297 mn to the country's GDP annually
Sale will likely have limited immediate effects on stc’s financial metrics
To mark World Cup win over Argentina
Team will fly on a chartered SAUDIA flight into and out of Saudi
And cooperation in infrastructure, hydrogen production
To 2.5 million barrels per day
The project package includes energy, utilities, water, environment
Kingdom to produce 9 million tons of phosphate fertilizers annually
Kingdom was first destination for Chinese foreign investments in H1
Kingdom plans to submit soon ten new renewable energy projects
As well as a potential IPO
By raising capital and purchasing shares from main owners
