Perfect Presentation for Commercial Services Company (2P), a leading provider of ICT services in Saudi Arabia, has announced its intention to proceed with an Initial Public Offering (IPO) and listing of its ordinary shares.
By L.S. Howard Climate change and the race to net zero greenhouse gas emissions (net zero) are arguably the greatest challenges that face the construction
Climate change and the race to net zero greenhouse gas emissions (net zero) are arguably the greatest challenges that face the construction industry – but
Few countries can claim to have as ambitious plans for the future as Saudi Arabia.
A number of mega-projects are set to come to fruition in the next decade, which will change not only the kingdom s landscapes but, in many cases, the day-to-day lives of residents, too.
From theme parks and metro lines to the world s tallest structure, here are 15 mega-projects shaping the future of Saudi Arabia .
Journey Through Time A low-carbon tram will connect visitors from Al Ula International Airport across the five districts that make up The Journey Through Time. Courtesy RCU
In April, Saudi Arabia s Crown Prince Mohammed bin Salman announced a new tourism master plan for Al Ula in the country s north-west.
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Why Saudi Arabia Wants To Sell More Of Its Oil Giant By Cyril Widdershoven - Jan 28, 2021, 6:00 PM CST
Saudi Aramco, the world’s largest oil company, is about to make headlines again. In a surprise statement by Saudi Crown Prince Mohammed bin Salman during an interview at the Future Investment Initiative (FII), also called the “Davos in the Desert”, the crown prince claimed that there will be more shares of Aramco up for sale in the coming years. MBS’s statement was surprising not only for its content but also for its timing. While global stock exchanges are suffering, the Saudi crown prince is hinting at a potential multi-billion share sale. Analysts are still trying to understand the decision, with the oil and gas industry struggling as it is at the moment. But you can be sure that the hype around the oil giant’s next offering will now begin to build. The unexpected success of the Aramco IPO in 2019, bringing in a staggering $25.6 billion, wi