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THIS MORNING: Houthis continue targeting Riyadh but deny targeting Makkah and Madinah
Plus: Folk Maritime is keeping its target to double its business within three years
PIF-owned Folk Maritime pauses growth as shipping costs jump
Folk isn’t looking to capitalize on the disruption through aggressive expansion
Folk Maritime’s Poul Hestbaek unpacks growth plans for 2026 amid volatile global trade
We spoke with Hestbaek about their ongoing projects in the Kingdom and their regional expansions
NHC + K. Hovnanian Partner on new housing projects
ALSO: Saudi Film Commission unveils high-tech Jax Studios in Riyadh
Folk Maritime to invest USD mns in fleet expansion over the next five years
The firm plans to buy about two-thirds of the ships it's adding and will charter the rest
Sipchem awards EPC contracts worth SAR 701.5 mn for expansion of chemicals plants
Plus: Dallah Healthcare launches SAR 1.2 bn private real estate fund
Lucid to work with Kacst on joint research for EV infrastructure. Plus: tourism, M&A and logistics
Lucid | King Abdulaziz City for Science and Technology (Kacst) | 2P | Saudi Tourism Investment Company (Asfar) | Rotana…
ADES + Arabian Drilling to suspend several offshore rigs here
PLUS: Debt and logistics news
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