Saudi Aramco Announces $70 Billion SABIC Stake Deal
Saudi Aramco has finalized its purchase of a 70% stake acquisition in petrochemicals company, Saudi Basic Industries Corporation (SABIC), from...
Amazon.sa is Coming to Saudi Arabia
Amazon and Souq announced the launch of Amazon.sa to serve customers in Saudi Arabia. The online platform will redirect Souq...
National Water Company’s $28.5 Million Projects Officially Underway in Dammam
In efforts to finalize key projects and raise the quality of services in the Easter Province, the National Water Company,...
Saudi Industrial SMEs Can Take Advantage of SIDF’s $1 Billion Stimulus Package
The Saudi Industrial Development Fund (SIDF) announced a $1 billion stimulus package that allocates funds to small and medium-size private...
USSBC Congratulates H.R.H. Princess Reema bint Bandar for International Olympics Committee Membership Nomination
H.R.H. Princess Reema bint Bandar, Saudi Arabian Ambassador to the U.S. and friend of the Business Council, has been nominated...
Amaala Awards Parsons Construction Supervision Contract
Amaala, Saudi Arabia’s ultra-luxury megaproject located along the northwestern coast, awarded Saudi Arabian Parsons Limited construction supervision contract to provide...
G20 Framework Working Group Meet to Review Progress on G20 Action Plan
The Framework Working Group (FWG) held a virtual meeting on June 8 to facilitate and review the implementation of the...
TAQNIA Selects Lockheed Martin to Build New Satellite Ground System for Saudi Arabia
The Saudi Technology Development and Investment Company (TAQNIA) has selected Lockheed Martin to establish a new ground system to monitor...
G20 Digital Economy Taskforce Meet to Discuss Future of Digital Economy
The G20 Digital Economy Taskforce held two consecutive meetings on June 3-4 to address integrated strategies and regulations in the...
Amazon Company, PayFort, Launches Initiative to Support Startups and SMEs in UAE, Egypt and Saudi Arabia
PayFort, payment solution provider acquired by Amazon in 2017, announced its #StartUpStayUp initiative to support startups and small and medium-sized...