Saudi Arabia

Global oil demand to reach over 100 million barrels per day by 2050: Saudi Aramco

CEO noted that Asia's energy transition is lagging, marked by less equity and greater complexity than expected 

Seven GCC IPOs raise $1.7 billion in Q3 2024, UAE leads growth with $1.1 billion

Saudi Arabia’s IPO proceeds reached $512 million during the quarter with six offerings

Saudi flynas partners with VCM on carbon offsetting, environmental protection, and sustainability

The deal supports the Kingdom's climate ambitions to achieve net zero emissions

Saudi Aramco CEO advocates for revised energy transition plan addressing Asia’s needs

Nasser noted that Asia and the Global South are often overlooked in transition plans, impacting the world 

Saudi Arabia’s PIF launches Sarcc to meet growing staff accommodation demand

Company will foster the Saudi private sector by enabling long-term investment and partnership along the industry's value chain

Middle East sustainable bond issuances hit $16.7 billion in first nine months of 2024: S&P

Total volume of sustainable sukuk globally reached $7.1 billion in the first nine months of 2024, down 11 percent year-on-year

Saudi Arabia, Egypt ink maritime connectivity agreement to enhance passenger transport and expertise exchange

The collaboration areas include yacht and marine passenger transport, plus passenger ferries

Gitex Global 2024: Saudi pavilion showcases 40 tech companies

The participation highlights Kingdom's dedication to enhancing the global footprint of its businesses

GCC venture capital funding grows 30 percent amid global slowdown: Report

In 2023, overall global venture capital funding declined to $248.4 billion, the lowest since 2017

stc Group’s digital expertise to help develop neutral digital infrastructure for Diriyah project

Diriyah Company will utilize advanced technology and top-tier infrastructure to support the Kingdom's Vision 2030

Saudi Arabia, Oman sign MoU to advance economic resilience and green initiatives

This MoU is designed to facilitate cooperation through the sharing of information, expertise, and research

Cruise Saudi to develop exclusive private Red Sea island for cruise ship tourism

During the initial phase, the island will have the capacity to host up to 2,000 guests