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OPEC’s production dropped to a four-year low in February Supported by Saudi Arabia and its Gulf Arab allies, who are increasing their share of cuts the monthly Reuters survey showed on Friday. The cartel’s oil production in February 2019 fell by 300,000 bpd compared to January to stand at 30.68…
Saudi Arabia has issued transaction advisory services tenders related to two major rail projects – one linking between Yanbu Industrial City and King Abdullah Port in the Red Sea, and the other to connect the existing Dammam-Riyadh Line with the Northern Line. The government also announced a tender for the…
Less than two years ago, no one could have imagined or predicted the changes that are now happening in Saudi Arabia – changes that are proving to be nothing short of revolutionary. Unlike the so-called “Arab Spring”, a groundswell of popular uprisings that toppled several regimes and turned countries upside…
With 40,020 rooms across 89 projects in the construction pipeline, Saudi Arabia currently has the largest number of hotel rooms under construction in the MENA region Under the theme “Focus on the Future”, the Saudi Arabia Hotel Investment Conference taking place at the Marriott Hotel in Riyadh on 26 February…
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