Saudi Arabia's government has revealed its intention to attract the world’s biggest players in ship building and bulk carrying to a new Special Economic Zone (SEZ) on the Persian Gulf coast.

Mahmoud Al-Theeb, Acting CEO of the Royal Commission in Jubail, said total investments in RasAl-Khair Industrial City (RIC) have surpassed SAR 176 billion by the end of 2024. The private sector ...

NMDC Energy, a provider of engineering, procurement and construction services for offshore and onshore energy clients, and a majority-owned subsidiary of NMDC Group, has inaugurated an advanced ...

Saudi Arabian Oil Group (Saudi Aramco) has cancelled plans to build a petrochemical plant in Saudi Arabia, taking into account the expansion of its presence in Asia. This was reported in a Saudi ...