Saudi Aramco Concludes $11.2 Billion Share Sale with Over 50% Shares Allocated to Foreign Investors
Saudi Aramco has raised a staggering $11.2 billion after its secondary share sale.
June 17, 2024
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Saudi Aramco has raised a staggering $11.2 billion after its secondary share sale.
Four Seasons Hotels and Resorts has partnered with Midad Real Estate to open the Four Seasons Hotel and Private Residences Jeddah at the Corniche in 2024.
Cathay Pacific is set to launch direct flights from Hong Kong to Riyadh starting October 28th, 2024, to enhance connectivity, tourism, and trade between Hong Kong and Saudi Arabia.
The Saudi Tourism Authority and Taiba Investments have signed an MoU which aims to increase the number of Chinese tourists to the Kingdom.
Naif Alrajhi Investment and Miskan, a leading real estate developer in Saudi Arabia, have partnered to launch Aral Real Estate Development Company.
Radisson Hotel Group and Zamil Group have partnered to bring a five star Radisson Collection Residence hotel to Riyadh by the end of 2024.
Nujuma, a Ritz-Carlton Reserve has opened on the Saudi Red Sea, becoming the region’s most expensive hotel, with prices starting from $2,640 per night.
Goldman Sachs is set to become the 1st Wall Street bank to establish its regional headquarters in Riyadh.
The Future Aviation Forum in Riyadh aviation sector saw over $20 Billion worth of deals agreed to boost the growing avaiation section in Saudi Arabia.
Jeddah is set to introduce the first Raffles Hotel and Residences in Saudi Arabia on the prime position on the Jeddah Corniche.
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