Thursday Saudi
Our team of reporters in Saudi Arabia is always on the move, fuelled solely by Kahwah. Bringing you fresh, exciting coverage and stories you care about—straight from the heart of the Kingdom.
Saudi Arabia secures over $2bn through multi-tranche sukuk offering
Saudi Arabia raises SAR 7.8 billion from a multi-tranche sukuk issuance, continuing its commitment to Islamic finance. The issuance spans five tranches with the largest maturing in 2039.
Saudi Arabia eyes BeIN Sports acquisition from Qatar to expand wealth fund sports portfolio
Saudi Arabia is in talks to acquire Qatari broadcaster BeIN Sports, marking a significant potential shift in Middle East sports media. The deal is in line with the Kingdom's growing investment in sports, both regionally and globally.
Saudi Aramco CEO says company “bullish” on growing Chinese oil demand
Saudi Aramco CEO Amin Nasser remains optimistic about China’s oil demand amid ongoing energy transition challenges, citing growth in liquid-to-chemical projects. Nasser emphasised the importance of a balanced energy mix for developing countries, where oil demand remains strong.
Saudi Arabia’s NEOM megaproject using 20% of global steel supply to propel city construction
Neom, the new Saudi mega-city, is utilising 20% of the world’s steel supply to drive construction, becoming a major power-buyer in global construction and logistics. This $500 billion Saudi project is set to redefine future cities.
Riyadh Air: Inside Saudi Arabia’s new digitally-native flag carrier
Riyadh Air, launched in 2023, is set to revolutionise Saudi Arabia's aviation industry with a tech-driven, sustainable approach and plans to connect Riyadh to over 100 global destinations by 2030, in accordance with the Government's Vision 2030 initative.
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