Riyadh Air, the new national carrier of the Kingdom of Saudi Arabia, today signed a deal at the 55th Edition of Paris Air Show at Le Bourget with Rolls-Royce for 50 Trent XWB-97 engines to power its fleet of 50 Airbus A350-1000 an order that was announced yesterday.

Kirkland & Ellis Partner James Clark explains that local expertise, project management and 360-degree vision are essential for navigating the kingdom’s multi-billion developments and gigaprojects

Saudi Gazette report RIYADH — Saudi Arabia has made a remarkable achievement in the field of entrepreneurship, with the position of Riyadh, the capital city, advancing 60 places over the past three years,

The European aircraft manufacturer landed a massive order from Riyadh Air for 50 planes and another from AviLease, a Saudi aircraft leasing company, for 77 planes.

Flynas is the first airline to be listed on the Tadāwul Saudi stock exchange, and the first Gulf airline public offering since Air Arabia’s IPO in 2007.

Riyadh wants to squeeze U.S. frackers, although an all-out price war would be costly.

First-quarter GDP grew by 3.4% compared to the same quarter of the previous year, beating flash estimates of 2.7% released in May by the Saudi General Authority for Statistics.

Israel’s surprise military strike on Iran has jolted oil markets and cast fresh attention on the recent production decisions by Saudi-led Opec+, sparking debate over whether Riyadh ramped up oil output to support US strategic aims in the region, the Financial Times reported.