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Saudi’s first locally-made gas turbine unveiled
PLUS: Scan Global Logistics (SGL) makes its entry into the Kingdom
Dar Global to build a Trump Tower in Jeddah
It’s the second partnership between Trump and Dar Global in the region
Bankers haven’t had to prop-up Aramco’s share price since it pulled trigger on USD 11.2 bn secondary offering
Plus: A unit of Dar Al Arkan is eyeing a USD 300 mn push into the US luxury housing market
Spinneys opens first store in Saudi, with more expected in 2024
PLUS: Nearly SAR 1 bn allocated to Sakani program beneficiaries for June
Inflation holds steady for third consecutive month
Amid a 10.5% surge in Housing rents
Saudi Investment Recycling + Hellenic Environmental Center to set up environmental processing centers in the Kingdom
PLUS: Midad is launching the Four Seasons Private Residence on Jeddah’s Corniche
Commercial rent jumps with fresh appetite for Saudi office space
Grade B rents in Riyadh jumped 26% y-o-y to SAR 1.2k per sqm in 1Q 2024
Opec+ will phase out voluntary production cuts starting this fall
Plus: Riyadh Air is build its international network, looking for US, Indian, and southeast Asian partners
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