Wednesday, February 4, 2026

Category: Corporate News

Corporate News

Zain KSA and Nokia sign MoU for collaboration on 5G Cloud RAN infrastructure

**Titular**: “Zain KSA, Nokia Boost 5G Innovation” **Intro**: Zain KSA and Nokia announced a strategic partnership at LEAP24 to deploy cutting-edge 5G Cloud RAN infrastructure, targeting enhanced network efficiency and user experiences. This collaboration aligns with Saudi Vision 2030, aiming to revolutionize telecom services for individuals and enterprises while driving next-gen digital transformation. **Factbox**: – […]

Corporate News

Kingdom Holding Company sells Riyadh’s “Kingdom City” for SAR 900 million

**Titular:** *KHC Vende Kingdom City por 900M* **Intro:** Kingdom Holding Company (KHC) vendió el complejo residencial de lujo *Kingdom City* en Riad a un fondo de Alawwal Investment por 900 millones SAR. KHC mantendrá participación en el nuevo fondo. Ubicado estratégicamente cerca de proyectos clave, el complejo conservará su nombre y operación especializada. **Factbox (50 […]

Corporate News

Omrania bids farewell to Mr. Basem Al Shihabi, Mr. Othman Al Washmi, and Mr. Abdulsalam Al Haddad, honoring their legacy

**Titular:** “Celebrating Legacy, Embracing New Chapters” **Intro:** Omrania recently honored three pillars of its legacy—Mr. Basem Al Shihabi, Mr. Othman Al Washmi, and Mr. Abdulsalam Al Haddad—during an emotional farewell at HQ. Their decades of dedication shaped the company’s journey, leaving indelible marks of camaraderie, expertise, and loyalty. We bid them gratitude-filled farewells as they […]

Corporate News

Revenue decline this quarter is attributed to sector-specific factors in Oil transportation

**Headline:** “Shipping Rates Sink Oil Revenue” **Intro:** A sharp decline in global shipping rates dragged quarterly oil transport revenue down by SAR 737 million year-on-year, slashing net profit. While Chemicals and Logistics sectors offset losses sequentially, rising finance costs and sector volatility shaped mixed annual results. **Factbox (50 words):** – **Oil Transport Revenue Drop:** SAR […]

Corporate News

Aramco adheres to Ministry of Energy directive, maintains 12 MMBD capacity

**Titular:** *Aramco Caps Oil Capacity at 12 MMBD* **Intro:** Saudi Aramco will maintain its Maximum Sustainable Capacity at 12 million barrels per day (MMBD), halting plans to expand to 13 MMBD, following a directive from the Ministry of Energy. The decision aligns with the 2017 Hydrocarbons Law, with revised capital expenditure plans to be shared […]

Corporate News

Zain KSA and Maximus sign MoU for HR training collaboration.

**Titular:** Zain KSA, Maximus Boost Youth Skills **Intro:** Zain KSA has signed an MoU with Maximus to empower Saudi youth through professional training and market-ready skill development. Aligned with Saudi Vision 2030’s Human Capability Development Program, the partnership bridges education and job market demands, fostering innovation and a future-ready workforce to accelerate the Kingdom’s digital […]

Corporate News

Aramco allocates $4 billion to global venture capital arm, Aramco Ventures

**Headline:** Aramco Doubles Venture Capital to $7B **Intro:** Aramco has allocated an additional $4 billion to Aramco Ventures, doubling its capital to $7 billion. This elevates its total VC commitment to $7.5 billion, including Saudi-focused Wa’ed Ventures. The expansion aims to accelerate global innovation in energy transition, digital tech, and sustainability, aligning with Aramco’s long-term […]

Corporate News

Bahri Logistics secures three-year freight forwarding deal with Saudi Arabia Railways

**Título:** Bahri Logistics, SAR Partner on Freight **Intro:** Bahri Logistics has secured a three-year agreement as Saudi Arabia Railways’ (SAR) primary freight forwarding partner for international imports/exports. The collaboration aims to bolster rail transport efficiency and expand integrated logistics solutions, leveraging Bahri’s decades of expertise and SAR’s railway network to drive sector growth. **Factbox (50w):** […]

Corporate News

Bahri reveals outcomes of Ordinary General Assembly meeting held on December 26, 2023

**Titular**: Bahri aprueba decisiones clave en asamblea virtual **Intro**: La Asamblea General Ordinaria de Bahri, celebrada virtualmente el 26 de diciembre de 2023, logró quórum con el 52,72% de acciones representadas. Los accionistas debatieron y respaldaron resoluciones estratégicas para el rumbo futuro de la compañía naviera saudí, reforzando su compromiso con la transparencia y participación […]