Business & Money | Saturday 15 June, 2019 4:52 am

Saudi SABIC, Exxon Mobil to start construction of $9bln petrochemical plant in Texas

Exxon Mobil Corp and Saudi Basic Industries Corp said on Thursday they would start construction of a $9 billion petrochemical plant in Texas in the third quarter that would have the world's largest ethane processing capacity. The 50/50 joint venture, called Gulf Coast Growth...

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Business & Money | Friday 14 June, 2019 6:38 am

Riyadh meeting reviews enhancing Saudi-French nuclear cooperation

The fourth joint meeting of the Saudi-French Nuclear Committee reviewed the existing cooperation in the field of peaceful uses of atomic energy between the Kingdom and France and ways to further enhancing it in a way supportive to the Saudi National Atomic Energy Project. Dr. Khalid Al-Sultan,...

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Business & Money | Friday 14 June, 2019 5:36 am

Saudi Arabia’s SABIC, to start work on $9bn US plant

Exxon Mobil Corp. and Saudi Basic Industries Corp. (SABIC) said on Thursday they would start construction of a $9 billion petrochemical plant in the US in the third quarter that would have the world’s largest ethane processing capacity. The 50/50 joint venture, called Gulf Coast...

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Business & Money | Friday 14 June, 2019 4:34 am

Saudi transport authority wins international award

Saudi Arabia's Public Transport Authority (PTA) has won an award at the Global Public Transport Summit in Stockholm this week. The PTA won the International Association of Public Transport (UITP) award for its Wasl platform technology project during the UITP summit in Sweden from June...

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Technology & IT | Thursday 13 June, 2019 12:28 pm

$135b Tech Investments by 2030 to be Discussed at the Saudi Emerging Technologies Forum

AI is going to be a big game changer in the global economy, and much of the value potential is up for grabs. A PwC 2018 report estimated that AI could contribute up to $15.7 trillion to the global economy in 2030, more than the current output of China and India combined. Of this, $6.6 trillion is...

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Technology & IT | Thursday 13 June, 2019 11:58 am

Huawei Launches ICT Solutions for Fully-Connected Rail Transportation and the Next-generation LTE-R Solution

Huawei, a leading global provider of information and communications technology (ICT) infrastructure and smart devices, has officially launched a series of ICT solutions in line with the needs of urban connectivity in the digital era. For a fully-connected rail transportation, Huawei released...

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Business & Money | Thursday 13 June, 2019 6:42 am

ALMALL, the new fastest growing E-commerce in Saudi Arabia

ALMALL, the only pure playing E-commerce in the Middle East, was launched in October 2018 by Mohammed Fahad Alharthi, within the Media Group Saudi Research and Marketing Group. Since its launch, ALMALL has had 30% monthly growth and is now one of the main players in the Saudi...

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Business & Money | Thursday 13 June, 2019 4:39 am

Intertek awards Almarai ISO 9001:2015 certification across Saudi Arabia

Intertek, a leading Total Quality Assurance provider to industries worldwide, has awarded Almarai Company, Middle East’s leading food and beverage manufacturer and distributor, the ISO 9001:2015 certification for Quality Management Systems. The certification has been obtained for all...

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Business & Money | Thursday 13 June, 2019 4:11 am

SAMI to showcase military capabilities at world’s biggest air show in Paris

Reinforcing its commitment to building a robust and sustainable homegrown military industry, Saudi Arabia Military Industries (SAMI) will participate in the 53rd edition of the International Paris Air Show, the world’s premier and largest event dedicated to the aviation and space industry,...

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Business & Money | Thursday 13 June, 2019 3:34 am

Exclusive invite-only and investor matchmaking to headline the first day of Cityscape Global 2019

Cityscape Global, the region’s largest real estate event, will mark its 19th edition by launching an invitation-only day on September 25th at Dubai World Trade Centre (DWTC). Designed to engage heavyweight investors across the global real estate landscape, the exclusive...

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