Minister of Tourism Inaugurates Four Seasons Hotel Expansion Project August 24, 2023**Título**: Four Seasons Riyadh Unveils Major Renovation **Intro**: Saudi Tourism Minister Ahmed Al-Khateeb inaugurated the first phase of the Four Seasons Hotel Riyadh’s expansion, backed by a 255 million SAR investment. The revamp aims to elevate luxury services and align with Saudi Arabia’s booming tourism sector. Dignitaries, including HRH Prince…
Aramco’s Q1 2022 net income, operating cash flow, gearing ratio decrease August 24, 2023**Titular:** *Aramco Boosts Dividends, Eyes Sustainable Growth* **Intro:** Aramco reported $31.9 billion in Q1 2023 net income, with a 4% dividend increase to $19.5 billion and plans for performance-linked payouts. Despite lower earnings year-on-year, robust cash flow and strategic downstream expansions in the U.S., China, and South Korea underscore resilience.…
Saudi Arabian Mining Company Signs $9.9% Equity Investment with Ivanhoe Electric August 24, 2023**Titular**: Ma’aden, Ivanhoe Forge Mining Partnership **Intro**: Saudi Arabia’s Ma’aden has invested $126 million for a 9.9% stake in Ivanhoe Electric (NYSE: IE), forming a 50:50 joint venture to explore copper, gold, nickel, and silver in Saudi Arabia. The deal grants Ma’aden access to IE’s proprietary Typhoon™ tech, accelerating mineral…
