SABIC Recognized as One of Top 100 Global Energy Leaders by Thomson Reuters
November 20, 2017 – Saudi Arabian Basic Industries Corporation (SABIC) was named to the Thomson Reuters Top 100 Global Energy...
Crown Prince Mohammed bin Salman Announces NEOM Project at Future Investment Initiative
H.R.H. Crown Prince Mohammed bin Salman spoke at the Future Investment Initiative forum in Riyadh. The event was held by...
Business Council Holds Executive Luncheon with Commerce Under Secretary Hernandez in Riyadh
On October 23, 2017, the U.S.-Saudi Arabian Business Council (USSABC) organized a business luncheon with The Honorable Israel Hernandez, Senior...
IMF Optimistic on Future Saudi Economic Outlook
The International Monetary Fund’s (IMF) Article IV Consultation Report has concluded that the medium-term economic outlook in Saudi Arabia is...
KAPSARC Headquarters Achieves LEED Platinum Status
The King Abdullah Petroleum Studies and Research Centre’s (KAPSARC) headquarters in the outskirts of Riyadh has received LEED Platinum status...
Saudi Arabia Grants Stock Exchange Access to Foreign Investors
The Capital Market Authority’s (CMA) Chairman, Mr. Mohammed El Kuwaiz, has announced that foreign investors will now be permitted to...
S&P Global Ratings Launches Operations in Riyadh
The Capital Market Authority has issued Standard & Poor’s Global Ratings (S&P) with its final required license, allowing the agency...
PIF Undertakes Multi-Billion Dollar Investments in Diversified Saudi Sectors
The Public Investment Fund (PIF) invested $506 million (SR1.9 billion) to establish Super Esco, a new company that aims to...
Saudi Arabia Revises Rules to Boost Asset Management Market
The Capital Market Authority (CMA) has loosened financial regulations to enhance asset management activity and increase private equity and venture...