Headline
Saudi Electricity 2024 Revenue Soars 18%
The Saudi Electricity Company (SEC) has unveiled its financial performance for 2024, highlighting a total operating revenue of SR88.7 billion ($23.6 billion), an 18% increase from the previous year's SR75.3 billion ($20.1 billion), according to the Associated Press. This growth...
Tetra Pak and Al Rabie’s Next Gen Factory
Tetra Pak has embarked on a transformative project with Al Rabie, a prominent Saudi producer of juices and dairy products....
SFC Energy Expands into Saudi Arabia
SFC Energy AG, a prominent provider of hydrogen and methanol fuel cells, has secured its first order from Saudi Arabia....
PIF and Goldman Sachs Investment Partnership
RIYADH: A significant partnership was established between the Public Investment Fund (PIF) and Goldman Sachs Asset Management with the signing...
HAALA Energy Secures $7.6M for Solar Expansion
HAALA Energy, a solar developer based in Saudi Arabia, has successfully secured SAR 28.5 million (USD 7.6 million) in a...
Saudi Arabia’s New Aviation Industrial City
Saudi Arabia has launched its first aviation industrial city in Jeddah, covering an area of 1.2 million square meters within...
Lulu Retail’s Solar Energy Milestone
Lulu Retail has successfully completed its inaugural solar project in Saudi Arabia, located at the Riyadh Central Warehouse. This significant...
Mining
Future Minerals Forum Secures $28.5B Deals
The recent Future Minerals Forum in Saudi Arabia concluded with a remarkable achievement, securing agreements worth US$28.5 billion. Over three...
