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Aramco hikes diesel prices for manufacturers by 44%
The company similarly hiked diesel prices at the start of last year
World’s first graphene-enriched carbon fiber venture launched in Saudi
PLUS: The Kingdom plans to launch a commercial pilot program for lithium extraction at Aramco’s oil fields
THIS MORNING: Export-oriented manufacturers can have customs duties waived on input materials
PLUS: Yamama Cement edges closer to forming a holding company for tapping the minerals sector after board approval
Aramco + Sinopec begin construction on Fujian refinery
The refining hub is expected to produce 5 mn tons of petrochem feedstock a year
COP29 negotiators want to grow climate financing 10x to USD 1 tn annually
Saudi Arabia is pushing back against efforts to phase out fossil fuels
Acwa Power secures funding for Azerbaijan wind farm
The renewables player is “on track” to secure SAR 30 bn in financing for projects
Hyundai E&C lands USD 725 mn Saudi transmission line contract
The project is scheduled for completion by January 2027
Spark + five new tenants agree to new manufacturing facilities
The new manufacturing facilities will support local energy supply chains
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