2026-10-29 22:34 GMT
1 dispatches today · Last update 20:33
Wire service — Next MENA Media Group

Category: Business

NEOM awards two contracts for transportation project

NEOM awards two contracts for transportation project

  RIYADH: Saudi Arabia’s $500-billion giga-project, NEOM, has awarded two contracts to a group of companies to construct two tunnels with a…

June 13, 2022
Oil Updates — Crude climbs after Saudi Arabia hiked prices; Eni, Repsol to ship Venezuela oil to Europe; Production res

Oil Updates — Crude climbs after Saudi Arabia hiked prices; Eni, Repsol to ship Venezuela oil to Europe; Production res

  RIYADH: Oil futures jumped on Monday, with Brent rising above $120 a barrel after Saudi Arabia hiked prices for its crude…

June 6, 2022
India In-Focus — Shares fall; Factory explosion kills 10; UniCredit considering India as it widens search for buyers

India In-Focus — Shares fall; Factory explosion kills 10; UniCredit considering India as it widens search for buyers

MUMBAI: Indian shares fell on Monday dragged by technology and metal stocks, while global investor mood turned cautious ahead of key US…

June 6, 2022
Egypt’s Suez Canal expects $3.5bn in revenues in H1

Egypt’s Suez Canal expects $3.5bn in revenues in H1


  RIYADH: Egypt’s Suez Canal is expecting to achieve $3.5 billion in revenues during the first half of 2022, the chairman of…

June 2, 2022
Saudi public funds’ assets fell 5% thanks to decline in money markets

Saudi public funds’ assets fell 5% thanks to decline in money markets

  The value of Saudi Arabia public mutual funds’ assets decreased by 5.06 percent in Q1 this year compared to the previous…

May 31, 2022
Egypt, Siemens Mobility to build the world’s 6th largest high-speed rail system

Egypt, Siemens Mobility to build the world’s 6th largest high-speed rail system


  RIYADH: Cairo-based Orascom Construction has inked a $8.7 billion deal with Siemens Mobility to expand high-speed rail network to 2,000 km,…

May 29, 2022
NEOM partners with SAUDIA to offer weekly international service from NEOM Bay Airport

NEOM partners with SAUDIA to offer weekly international service from NEOM Bay Airport

  RIYADH: Saudi Arabia’s multi-billion gigaproject NEOM, has partnered with the national flag carrier SAUDIA to offer a weekly service to international…

May 23, 2022
Saudi Shoura delegation visits UK for first time in years to boost relations and investment Previous

Saudi Shoura delegation visits UK for first time in years to boost relations and investment Previous

  LONDON: A high-level delegation from Saudi Arabia’s Shoura Council is visiting the UK for the first time in years, to share…

May 20, 2022
FII Institute unveils new inclusive ESG framework and scoring methodology

FII Institute unveils new inclusive ESG framework and scoring methodology

  LONDON: The Future Investment Initiative Institute hosted a summit in London about Environmental, Social and Governance in emerging markets, involving world…

May 20, 2022
Aramco’s earnings beat drives shares 4.2% higher

Aramco’s earnings beat drives shares 4.2% higher

  RIYADH: Shares of the world’s largest oil producer Saudi Aramco have surged 4.2 percent at Sunday’s close after its quarterly earnings…

May 15, 2022