Aramco and Sinopec plan major Yasref expansion to boost petrochemical output
RIYADH: A major petrochemical industry expansion is set for Saudi Arabia’s west coast as Aramco, Sinopec, and Yasref advance plans to develop a...
Lebanon nears approval of banking secrecy law, finance minister confirms
KUWAIT CITY: Lebanon’s Finance Minister Yassine Jaber told Reuters that he expected a banking secrecy law to be passed in parliament within days.
Speaking...
Saudi Arabia sees 48% surge in new business registrations in Q1 2025
RIYADH: Business registrations in Saudi Arabia saw a 48 percent year-on-year increase during the first quarter of 2025, with 154,638 commercial records issued,...
PIF-owned Lucid secures $1.1bn through convertible notes offering
RIYADH: Electric vehicle manufacturer Lucid Group, majority-owned by Saudi Arabia’s Public Investment Fund, has closed a $1.1 billion offering of convertible senior notes...