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Saudi Energy Minister Meets Bulgaria Deputy Prime Minister

Riyadh, January 24, 2024, SPA Prince Abdulaziz bin Salman bin Abdulaziz, Saudi minister of energy, held a meeting today in Riyadh with Republic of Bulgaria Deputy Prime Minister and Minister of Foreign Affairs Mariya Gabriel. Both sides addressed bilateral relations in various energy fields and discussed ways to enhance cooperation. …

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The Investment Fund buys Saudi Steel and merges it with Al Rajhi Steel. It acquires SABIC’s stake for 12.5 billion riyals.

September 3 Saudi SABIC announced the sale of its entire stake in Saudi Hadeed Company to the Public Investment Fund, with a total value that may reach 12.5 billion riyals. According to SABIC’s statement, conducting the transaction according to the so-called “deal completion calculations” mechanism means that the final price …

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