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Four new rigs push Arabian Drilling to a record backlog
Plus: Umm Al Qura sells its third Masar plot in under two weeks
Arabian Drilling’s backlog hits record SAR 16 bn on second SLB land-rig contract
Plus: Agibot launches robot rental service in Saudi Arabia
Ades, BinDawood, Seera, Lazurde, Arabian Drilling, and MBC Group report 2Q earnings
Ades got hit by the conflict
Al Othaim, Jarir, Sasco, and many more post 1Q earnings
Al Othaim saw its net income dip almost 30%
THIS MORNING: East-West pipeline reaches full 7mn bbl / d capacity
PLUS: Capital Markets Forum delayed by a year
Sabic Agri-Nutrients, Elm, Arabian Drilling, Saudi Ceramic post 2025 earnings
Sabic Agri-Nutrients had a good 2025, with net income and revenues riding higher prices and volumes
Arabian Drilling names Fahad AlBani as CEO
The new CEO brings nearly three decades of experience to the role
Saudi firms ink strategic agreements to boost Syrian gas production
Ades Holding, Taqa, Argas, and Arabian Drilling will work on overhauling the country’s oil and gas sector
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