Riyadh awards SAR 13 bn in contracts for road development program
First phase projects are expected to be completed within three to four years
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First phase projects are expected to be completed within three to four years
Clean energy is set to receive USD 235 bn in capex during the next six years
Saudi Arabia came fourth in terms of the size of funds raised last month.
Plus: A mention of the new Investment Law
Foreign investors no longer have to acquire an investment license.
PLUS: Aramco to reach financial close on MidOcean Energy stake purchase this quarter
Aramco’s stake in the company will now reach 60%.
New plant to produce materials for electronics, automotive, and 5g sectors.
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