Companies of Saudi Arabia

Leading Autonomous Mobile Robot Company Quicktron Completes C+ Funding Led by KION Group and Prosperity7 Ventures for Technology to Free Human Beings from Manual Handling

Retrieved on: 
Monday, January 11, 2021
Companies of Saudi Arabia, Economic history of Saudi Arabia, Dhahran, Saudi Aramco, Economy of Saudi Arabia, Manual handling of loads

All proceeds will go towards global market expansion and further technical development, furthering the company's mission to free human beings from manual handling.

Key Points: 
  • All proceeds will go towards global market expansion and further technical development, furthering the company's mission to free human beings from manual handling.
  • As a pioneer in the AMR industry, Wei Yang and Quicktron have witnessed the development process of the whole space from the outset.
  • The company's vision is use indoor intelligent driving solutions to free human beings from manual handling.
  • Prosperity7 Ventures is the diversified growth fund of Aramco Ventures, a subsidiary of Aramco, the world's leading integrated energy and chemicals company.

Aker ASA: Cognite and Aramco sign joint venture agreement

Retrieved on: 
Monday, December 21, 2020
Companies of Saudi Arabia, Companies, Saudi Arabia–United States relations, Economic history of Saudi Arabia, Aker ASA, Energy in Saudi Arabia, Economy of Saudi Arabia, Saudi Aramco

OSLO, Norway, Dec. 21, 2020 /PRNewswire/ -- Cognite AS ("Cognite"), a global industrial software company and majority-owned subsidiary of Aker ASA ("Aker"), today announced it has signed a joint venture ("JV") agreement with Saudi Aramco Development Company, a subsidiary of The Saudi Arabian Oil Company, as part of the two companies' strategic partnership on industrial digitalization and sustainability initiatives.

Key Points: 
  • OSLO, Norway, Dec. 21, 2020 /PRNewswire/ -- Cognite AS ("Cognite"), a global industrial software company and majority-owned subsidiary of Aker ASA ("Aker"), today announced it has signed a joint venture ("JV") agreement with Saudi Aramco Development Company, a subsidiary of The Saudi Arabian Oil Company, as part of the two companies' strategic partnership on industrial digitalization and sustainability initiatives.
  • Aramco and Cognite intend to have the JV established and running by 2021 following all required regulatory clearances and will hold 51 per cent and 49 per cent ownership, respectively.
  • Cognite is already supporting Aramco's Digital Transformation Program by deploying CDF on Aramco's industrial assets in the Kingdom.
  • Cognite's initial focus has been to help Aramco advance analytics and AI projects coupled with digital twin solutions.

Aramco seeks to expand global footprint in chemicals

Retrieved on: 
Thursday, December 3, 2020
Companies of Saudi Arabia, Economic history of Saudi Arabia, SABIC, Saudi Aramco, Mergers and acquisitions

With the $69bn acquisition of SABIC in June and investments in oil-to-chemicals technology, Aramco has positioned itself for downstream growth.

Key Points: 
  • With the $69bn acquisition of SABIC in June and investments in oil-to-chemicals technology, Aramco has positioned itself for downstream growth.
  • Nasser called Aramco's acquisition of SABIC earlier this year "transformational", enabling Aramco to deliver on its chemical strategy.
  • "If you combine our upstream strength and refining capacity of more than 5m bbl/day with SABIC's chemicals asset base and global presence, it has made us one of the top global chemical players," said Nasser.
  • As for further mergers and acquisitions, Aramco remains focused on the integration of SABIC while keeping an eye out for future deals.

Aramco seeks to expand global footprint in chemicals

Retrieved on: 
Thursday, December 3, 2020
Companies of Saudi Arabia, Economic history of Saudi Arabia, SABIC, Saudi Aramco, Mergers and acquisitions

With the $69bn acquisition of SABIC in June and investments in oil-to-chemicals technology, Aramco has positioned itself for downstream growth.

Key Points: 
  • With the $69bn acquisition of SABIC in June and investments in oil-to-chemicals technology, Aramco has positioned itself for downstream growth.
  • Nasser called Aramco's acquisition of SABIC earlier this year "transformational", enabling Aramco to deliver on its chemical strategy.
  • "If you combine our upstream strength and refining capacity of more than 5m bbl/day with SABIC's chemicals asset base and global presence, it has made us one of the top global chemical players," said Nasser.
  • As for further mergers and acquisitions, Aramco remains focused on the integration of SABIC while keeping an eye out for future deals.

Saudi Arabian Poultry Market Trends and Forecasts 2020-2025 with Al-Watania, Fakieh Poultry Farms, Almarai, and Al-Berri United Food Dominating - ResearchAndMarkets.com

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Thursday, November 26, 2020
Food, Beverage, Retail, Western Asia, Countries, Companies of Saudi Arabia, Almarai, Saudi Arabia, Al-Watania Poultry Institute of Technology

The "Saudi Arabian Poultry Market - Growth, Trends and Forecasts (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Saudi Arabian Poultry Market - Growth, Trends and Forecasts (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.
  • Saudi Arabia has a magnanimous demand for poultry meat, and it has been dependent on imports from other countries to satiate its demand.
  • The Saudi Arabia poultry market is fragmented and competitive in nature having a large number of domestic and multinational players competing for market share.
  • Key players dominating the market include Al-Watania, Fakieh Poultry Farms, Almarai, and Al-Berri United Food Co. Ltd, among others.

Leading KSA Real Estate Developer Dar Al Arkan launches its first project in Europe

Retrieved on: 
Monday, November 2, 2020
Companies of Saudi Arabia, Dar Al Arkan Real Estate Development Company, Riyadh, Companies, Provinces of Saudi Arabia

RIYADH, Saudi Arabia, Nov. 2, 2020 /PRNewswire/ -- Dar Al Arkan, the leading real estate development company in KSA, has announced the launch of its first European residential project.

Key Points: 
  • RIYADH, Saudi Arabia, Nov. 2, 2020 /PRNewswire/ -- Dar Al Arkan, the leading real estate development company in KSA, has announced the launch of its first European residential project.
  • Announcing the launch, Mr. Yusuf bin Abdullah Al-Shalash, Chairman of Dar Al Arkan Real Estate Development, said: "Today, Dar Al Arkan has placed a golden opportunity into the hands of investors.
  • Dar Al Arkan Real Estate Development Company is a Saudi joint stock company, active in real estate development and headquartered in Riyadh, KSA.
  • Dar Al Arkan Real Estate Development Company is a major contributor playing an important role to help achieve the goals of Vision 2030 in regard to real estate development.

Leading KSA Real Estate Developer Dar Al Arkan launches its first project in Europe

Retrieved on: 
Monday, November 2, 2020
Companies of Saudi Arabia, Dar Al Arkan Real Estate Development Company, Riyadh, Companies, Provinces of Saudi Arabia

RIYADH, Saudi Arabia, Nov. 2, 2020 /PRNewswire/ -- Dar Al Arkan, the leading real estate development company in KSA, has announced the launch of its first European residential project.

Key Points: 
  • RIYADH, Saudi Arabia, Nov. 2, 2020 /PRNewswire/ -- Dar Al Arkan, the leading real estate development company in KSA, has announced the launch of its first European residential project.
  • Announcing the launch, Mr. Yusuf bin Abdullah Al-Shalash, Chairman of Dar Al Arkan Real Estate Development, said: "Today, Dar Al Arkan has placed a golden opportunity into the hands of investors.
  • Dar Al Arkan Real Estate Development Company is a Saudi joint stock company, active in real estate development and headquartered in Riyadh, KSA.
  • Dar Al Arkan Real Estate Development Company is a major contributor playing an important role to help achieve the goals of Vision 2030 in regard to real estate development.

Instinctif Partners' clients dominate MEIRA's digital award categories with prizes to Mobily, SABB, Almarai and Habib Medical Group

Retrieved on: 
Monday, October 5, 2020
Companies of Saudi Arabia, Companies, Almarai, Sabb, Mobily

Mobily placed first for Best Digital Annual Report, followed by SABB and Almarai as runners-up.

Key Points: 
  • Mobily placed first for Best Digital Annual Report, followed by SABB and Almarai as runners-up.
  • This year, Instinctif Partners put increased emphasis on its clients' digital activities, which proved valuable with the need for virtual AGMs and increased digital communication arising from the Covid-19 pandemic.
  • Every year, more corporates shift their focus to digital reporting and IR, with market conditions in 2020 and 2021 likely to accelerate the trend.
  • Instinctif Partners has supported Dr. Sulaiman Al Habib Medical Group in establishing its IR function and building a comprehensive and impactful programme that drives value for stakeholders.

Instinctif Partners' clients dominate MEIRA's digital award categories with prizes to Mobily, SABB, Almarai and Habib Medical Group

Retrieved on: 
Monday, October 5, 2020
Companies of Saudi Arabia, Companies, Almarai, Sabb, Mobily

Mobily placed first for Best Digital Annual Report, followed by SABB and Almarai as runners-up.

Key Points: 
  • Mobily placed first for Best Digital Annual Report, followed by SABB and Almarai as runners-up.
  • This year, Instinctif Partners put increased emphasis on its clients' digital activities, which proved valuable with the need for virtual AGMs and increased digital communication arising from the Covid-19 pandemic.
  • Every year, more corporates shift their focus to digital reporting and IR, with market conditions in 2020 and 2021 likely to accelerate the trend.
  • Instinctif Partners has supported Dr. Sulaiman Al Habib Medical Group in establishing its IR function and building a comprehensive and impactful programme that drives value for stakeholders.

Saudi Arabia Sends World's First Shipment of Blue Ammonia to Japan for Zero Carbon Energy - ResearchAndMarkets.com

Retrieved on: 
Wednesday, September 30, 2020
Alternative energy, Energy, Other Energy, Oil, Gas, Articles, Companies of Saudi Arabia, Energy, Sustainable technologies, Industrial gases, Emerging technologies, Economic history of Saudi Arabia, Renewable energy economy, Ammonia, Saudi Aramco, Hydrogen vehicle, Saudi Arabia

A pilot study conducted by the Institute of Energy Economics Japan and Saudi Aramco in partnership with Saudi Basic Industries Corp has seen the world's first shipment of blue ammonia from Saudi Arabia to Japan to be used in power generation.

Key Points: 
  • A pilot study conducted by the Institute of Energy Economics Japan and Saudi Aramco in partnership with Saudi Basic Industries Corp has seen the world's first shipment of blue ammonia from Saudi Arabia to Japan to be used in power generation.
  • The Saudi Japan blue ammonia supply demonstration study focuses on converting hydrocarbons to hydrogen and then to ammonia as well as the capture of associated carbon dioxide emissions.
  • Japan will receive 40 tons of blue ammonia in the first shipment.
  • To see the full article and a list of related reports on the market, visit "Saudi Arabia Sends World's First Shipment of Blue Ammonia to Japan for Zero Carbon Energy"
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