Global law firm Reed Smith has announced that it has opened its office in Riyadh from where it will kick off its Saudi operations. The new office builds on its long-standing presence in the Middle East, having opened its Abu Dhabi office in 1978.
The Saudi Arabia Ministry of Tourism inaugurated its new offices in Makkah and Madinah regions as part of its strategic initiative to enhance the efficiency of services within the tourism sector.
Aramco Digital, the technology subsidiary of Saudi oil giant Aramco, is set to launch the kingdom’s national industrial communications network operating in the 450 MHz band. It will support sectors that need continuous operations and dependable communications for critical assets and facilities.
Cement sales volumes across the Kingdom of Saudi Arabia fell in December on both an annual and monthly basis, reflecting softer demand at year-end, although full-year volumes still posted strong growth driven by gains from leading producers, said a report.
EDF International Regional Headquarters (EDF RHQ) has announced a strategic agreement with droppRWA, a technology leader at the forefront of the Real-World Asset, that will see the duo explore pioneering blockchain-based solutions for the energy sector in the Kingdom of Saudi Arabia.
Seequent, the Bentley Subsurface Company, has announced that it is partnering with some of the leading universities and research institutions across the Kingdom of Saudi Arabia to launch qualified degree courses to help boost students' geotechnical modelling skills.
Linxon, a global engineering, procurement, and construction company, has completed the work on the Taibah 380 kV Bulk Supply Point (BSP) substation and handed it over to the Saudi Electricity Company (SEC), marking a significant milestone in boosting Madinah’s power grid capacity.
Saudi oil giant Aramco has announced the launch of its 98-octane gasoline product, which will begin supplying in January 2026 as part of efforts to expand consumer fuel options and diversify its product portfolio without affecting existing products in the market.
Saudi finance ministry has acquired an 86% stake in Saudi Binladin Group Holding after the company’s AGM approved a capital hike through conversion of outstanding debt into shares. Under the restructuring, the group’s liabilities are estimated at SAR23.3 billion ($6.2 billion).
Saudi Aramco Base Oil Company (Luberef) has announced that it has signed an agreement with global oil major Aramco for setting up a base oil plant within its refinery in Jazan city. The deal establishes the framework for technical, commercial, and operational assessments of the project.
