Investment News in Saudi Arabia
| 1/14/2022 - Vedanta, a global natural resources company,
has said that it plans to invest in the mineral sector in Saudi Arabia. The company is in
discussions to identify investment opportunities in Saudi Ara... |
| 11/19/2021 - Reliance Industries Limited and Saudi Aramco signed a non-binding Letter of Intent in
August 2019 for a potential 20% stake acquisition by Saudi Aramco in the O2C Business of
Reliance. Over the pa... |
| 10/26/2021 - Aramco has announced plans to expand its focus on emerging sectors to drive private sector innovation and investment. During the Future Investment Initiative, it outlined potential new projects in gre... |
| 9/7/2021 - Aramco has announced a major expansion of its industrial investment program, Aramco Namaat, with the signing of 22 new Memoranda of Understanding (MoUs) and 1 joint venture (JV) agreement focused on c... |
| 4/9/2021 - Aramco has signed a deal with a consortium led by EIG Global Energy Partners (“EIG”), one of the world’s leading energy infrastructure investors, to optimize its assets through a lease-and-lease-back ... |
| 12/21/2020 - Nusaned Investment™, an investment company) owned by SABIC with a mandate to invest in industrial SMEs and increase local content in the Kingdom’s industrial sector, signed an investment agreement wit... |
| 12/8/2020 - Aramco and Baker Hughes have announced the formation of Novel, a 50/50 Joint Venture (JV) to develop and commercialize a broad range of non-metallic products for multiple applications in the energy se... |
| 10/12/2020 - The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, today released its MENA Gas & Petrochemicals Investments Outlook 2020-2024 on the MENA region’s ... |
| 7/16/2020 - Nusaned Investment™, owned by SABIC with a mandate to invest in industrial SMEs to increase local content in the Kingdom, signed a deal with Suhul Alkhalej for Industrial Development and Investment Co... |
| 12/17/2019 - Saudi Arabian Oil Company (Saudi Aramco) has completed, through its subsidiary Aramco Overseas Company B.V. (AOC), the acquisition of 17% of Hyundai Oilbank from Hyundai Heavy Industries Holdings, for... |
| 10/31/2019 - SABIC leaders joined international partners and Saudi business leaders at the third annual Future Investment Initiative (FII) in Riyadh on October 30 and signed three MOUs with international partners ... |
| 4/9/2019 - Saudi Aramco is set to raise $12 billion with its first international bond issue after receiving more than $100 billion in orders, a record breaking vote of market confidence for the oil giant which h... |
| 1/29/2019 - Saudi Arabia launched an ambitious programme which it hopes will attract $427 billion in investments in the industrial and logistics sectors, as the Opec group leader bids to reduce dependence on oil.... |
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12/27/2018 - In March 2018, Saudi Aramco participated in the Saudi-U.S. CEO Forum held in New York to promote bilateral business and cooperation between the two countries. During this forum, Aramco discussed $10B ... |
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11/26/2018 - Baker Hughes, a GE company received recognition for its localization efforts and announced a series of agreements at Saudi Aramco’s In-Kingdom Total Value Add (IKTVA) Forum. The agreements are in line... |
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11/26/2018 - Saudi Aramco hosted its 4th IKTVA Forum & Exhibition this week at the Dhahran Expo Center in Dammam, attracting more than 1,000 local and international energy-sector service and equipment suppliers, m... |
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11/12/2018 - Saudi Aramco and the Abu Dhabi National Oil Company (ADNOC) signed a framework agreement to explore opportunities for collaboration in the Natural Gas and Liquefied Natural Gas (LNG) sector. ... |
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10/23/2018 - At the highly impactful Future Investment Initiative (FII) forum in Riyadh, Saudi Aramco signed 15 Memoranda of Understanding (MoUs) and strategic and commercial collaborations valued at more than US... |
| 9/17/2018 - State oil giant Saudi Aramco will spend more than 500 billion riyals ($133 billion) on oil and gas drilling over the next decade, a senior company executive said on Monday. ... |
| 8/29/2018 - The king spoke, and a $2-trillion dream went up in smoke. ... |
