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Business

A Look into The Role of the Saudi Private Sector in International Strategic Partnerships

  The Saudi Center for International Strategic Partnerships signed a memorandum of cooperation with the Council of Saudi Chambers, aiming to coordinate efforts between the center and the Council to strengthen the role of the private sector in international strategic partnerships.  This memorandum will stimulate private sector participation and sustainability,…

Saudi Arabia Committed to Stability of Oil Market and Sustainability of Global Supplies

The Kingdom’s Cabinet announced that Saudi Arabia is committed to supporting the stability of the oil markets and the sustainability of global supplies. The announcement was made during the cabinet’s weekly meeting, during which the cabinet discussed mitigating the effects of the coronavirus (Covid-19) pandemic, enhancing energy security and the…

Aramco & Al-Fanar sign MoU to Create Strategic Cooperation Between 2 Companies

As a continuation of their efforts to support local initiatives, Saudi Aramco and Al-Fanar recently concluded a memorandum of understanding (MoU) to establish a strategic cooperation between the two companies.  This MoU includes several sustainability-based initiatives and aims to support localization, innovation and digitization in the Kingdom, in line with…