Tag : Saudi

Saudi Aramco’s Lumi sets price range for IPO, eyes USD 290 million target

IFM CorrespondentSeptember 26, 2023

by IFM CorrespondentSeptember 26, 2023

According to a statement released by Lumi, the price range was established between 62 and 66 riyals per share, which would give the firm a worth of up to 3.63 billion riyals...

Featured Healthcare

Al-Qassim National Hospital leads the way in revolutionary medical solutions

IFM CorrespondentSeptember 19, 2023

by IFM CorrespondentSeptember 19, 2023

Al-Qassim National Hospital has obtained the accreditation of the Association for the Advancement of Blood & Biotherapies after passing a comprehensive and integrated assessment procedure...

Featured Oil & Gas

Moscow plans to reveal new parameters, extends oil export reduction

IFM CorrespondentSeptember 11, 2023

by IFM CorrespondentSeptember 11, 2023

Russia has been reducing output and exports in concert with Saudi Arabia in addition to current OPEC+ limits...

Featured Oil & Gas

Hollywood film ‘Sands of Fortune’ to spotlight Saudi’s lucrative oil industry

IFM CorrespondentSeptember 5, 2023September 4, 2023

by IFM CorrespondentSeptember 5, 2023September 4, 2023

Saudi Arabia discovered oil at 1,440 meters in the Dammam oilfield in March 1938...

Business Leaders Featured

Business Leader of the Week: Meet Amin Hassan Nasser, CEO of Aramco

IFM CorrespondentSeptember 1, 2023

by IFM CorrespondentSeptember 1, 2023

Amin Hassan Nasser's stint with Saudi Aramco started in 1982 as an engineer in the oil production department, following which he went on to work in the venture's drilling and reservoir wing...

Aviation Featured

SAUDIA launches new routes connecting Riyadh and Jeddah with Beijing

IFM CorrespondentAugust 21, 2023August 21, 2023

by IFM CorrespondentAugust 21, 2023August 21, 2023

SAUDIA remains dedicated to expanding our network and contributing to the 250 destinations outlined in the Saudi National Aviation Strategy...

Featured Wealth Management

Saudi’s PIF & UAE’s ADQ among funds with highest sustainability rankings

IFM CorrespondentJuly 21, 2023

by IFM CorrespondentJuly 21, 2023

According to a report by the wealth fund tracker, of the funds graded in both 2022 and 2023, 69 received higher grades, 94 received no change, and just 22 received negative marks...

Featured Telecom

ccc: Transforming Saudi’s BPO sector

IFM CorrespondentJune 19, 2023

by IFM CorrespondentJune 19, 2023

ccc believes that digitization has broadened the range of services that the BPO industry will provide in the coming days...

Economy Magazine

Saudi’s 2030 PUSH

IFM CorrespondentJune 6, 2023June 6, 2023

by IFM CorrespondentJune 6, 2023June 6, 2023

The crude petroleum and natural gas activities contributed 32.7% to the Saudi economy...

Cover Story Magazine Technology

SAFE: GCC’s trusted security partner