(June 1): Oman’s sovereign wealth fund took an equity stake in a US firm that helps fossil-fuel producers cut flaring by using stranded natural gas to power cryptocurrency mining instead.
RIYADH: Rolls-Royce Saudi Arabia, a wholly-owned subsidiary of British aerospace and defense firm Rolls-Royce Holdings, aims to reach 80 percent Saudization by the end of 2023 as it is actively creating job opportunities for the nationals. “We hope to expand to around 300 employees in the next five years. The majority of them will be Saudi nationals,” said the company’s