Saudi Arabia recently hosted the third Future Investment Initiative (FII) at the Ritz Carlton in Riyadh. The event ended on Thursday with 24 investment deals worth $20 billion reported to have been signed across energy, transport, oil and gas, petrochemicals and manufacturing.
In other news, Saudi Aramco has confirmed that it plans to list 1% or 2% of shares on the local Saudi stock exchange, Tadawul. The oil giant also said it posted a net income of $68 billion during the nine-month period ending on September 30th.
To read about this and more of the week’s news from the Kingdom, click here.
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