Kingdom poised to swoop on Black Hawk plan
SAUDI ARABIA’S Taqnia Aeronautics and Sikorsky, owned by US company Lockheed Martin, have agreed to look at producing Black Hawk helicopters in the kingdom, Sikorsky said. [...]
Saudi Arabia
Playing catch-up
Saudi Arabia’s aviation infrastructure is the subject of a multi billion-dollar overhaul, yet the kingdom’s highly regulated market still makes it unattractive to all but the most determined foreign carriers [...]
Retail therapy
The announcement last month that Saudi Arabia would allow foreign investors to own 100 per cent of retail and wholesale businesses has met with a favourable response from observers [...]
STC’s $1bn data plan
Saudi Telecom Company (STC) expects to spend another $1 billion in the second half of 2015 on enhancing its mobile and fixed networks as it tries to meet surging demand for web-based services, chief executive Khaled al Biyari said. The outlay would [...]
New head for Aramco
State oil firm Saudi Aramco officially appointed Amin Nasser as chief executive, Reuters news agency reported. Nasser, a known technocrat, had been acting head since April when he replaced Khalid al Falih, who became Aramco chairman as well a [...]
Aramco in clean fuels push
SAUDI ARAMCO has revived plans to add a clean fuels unit in its biggest oil refinery in Ras Tanura and more environmentally-friendly units to its Rabigh refinery, industry sources said. [...]
Same same, but different
While Saudi oil policy remains unchanged, some of the biggest changes in the Saudi oil bureaucracy in four decades are taking place [...]
Strategy shift
With an IPO on the horizon, this Saudi firm is realigning its business model to capitalise on the kingdom’s industrialisation push [...]
New CEO for Sabic
PETROCHEMICAL GIANT Saudi Basic Industries Corporation (Sabic) has named Yousef Abdullah al Benyan as acting chief executive officer, replacing outgoing head Mohamed al Mady. [...]
Aramco extends deadline for gas project bids
STATE ENERGY firm Saudi Aramco has extended the deadline for companies to bid for work on its unconventional gas facilities in the north of the country, signalling it remains committed to developing shale gas deposits, industry sources said. [...]
Projects
