Fahad Abuljadayel

[Construction Week Saudi @CWSaudi]

#Exclusive: Saudi taps private developers for @Expo2030Riyadh next phase, as the project moves into construction with excavation nearing completion and major contracts coming to market.

#Expo2030 #Saudi_Arabia #PIF

Full story:
https://t.co/UZODfBhuzz

[Bloomberg @business]

A key Saudi oil pipeline to the Red Sea suffered only limited damage from an earlier drone strike on one of its pumping stations, sources say https://t.co/qSaexG9814

[Bloomberg @business]

Saudi Arabia’s oil pipeline to the Red Sea was hit by a drone attack on Wednesday afternoon, according to a person familiar with the matter https://t.co/IHMCPw4JEZ

[Bloomberg @business]

Saudi Arabia has already ramped up its oil exports to more than half of normal levels despite the disruptions from the Iran war, an early sign of success for the kingdom’s ambitious contingency plan to bypass the Strait of Hormuz. https://t.co/hL7PKAGvLt

[Javier Blas @JavierBlas]

Saudi Aramco is loading simultaneously 5 crude oil tankers in Yanbu and Al Mujjaiz terminals on the Red Sea coast. I don’t think that’s happened ever before.

[Amena Bakr @Amena__Bakr]

Take a look at the number of vessels all heading towards Saudi Arabia’s West coast to pick up crude. Without well planned contingency plans that cost billions this wouldn’t be possible. #Aramco #SaudiArabia

[Norman Roule @Norman_Roule]

Saudi Arabia, the United Arab Emirates, and other Gulf producers have invested heavily in energy infrastructure, export flexibility, and system redundancy over the decades. These capabilities have proven particularly consequential during periods of global disruption but otherwise receive little attention. These investments support a broader strategy: maintaining the region’s reputation as a reliable supplier but also preserve its ability to influence and stabilize international energy markets.

[The Wall Street Journal @WSJ]

Exclusive: Kuwait is cutting oil production after running out of storage room, signaling a broader crisis that poses new risks to the global market https://t.co/7II9eNsPza

[Javier Blas @JavierBlas]

Amid all the bad news, some positive today in KSA:

We're begining to see the first signs that the Saudis are re-routing oil via the East-West pipeline to the Red Sea. It's certainly no enough to offset the losses of the effective closure of the Strait of Hormuz. But it helps.

[Fahad Abuljadayel @faaj22]

Previous oil shocks, including the 2022 surge that briefly made Saudi Arabia the fastest-growing G20 economy, unfolded with global shipping lanes largely intact.

This time, crude heading toward $100 is coinciding with supply disruption risks, raising questions that extend well beyond the energy market, particularly for construction, an industry highly exposed to fuel, freight and materials costs.

The price surge and mounting logistical uncertainty are converging, with potential knock-on effects for input costs, and overall project confidence impacts that are only now starting to take shape.

Read more ll

#SaudiArabia #Oil #Construction #OOTT

https://t.co/G9l8m7ZrvT

[Javier Blas @JavierBlas]

Saudi Aramco confirms a key export facility for *propane and butane* (Juaymah) suffered significant damage due to an unspecified incident.

LPG deliveries to be halted for "next few weeks." Unusual doesn't even come close to describe Aramco missing any export for weeks. Strange.

[Fahad Abuljadayel @faaj22]

Saudi Arabia opens its stock market to all categories of foreign investors starting from Feb. 1.

[هيئة السوق المالية @SaudiCMA]

#إعلان | هيئة السوق المالية تفتح السوق المالية لجميع فئات المستثمرين الأجانب.
https://t.co/NLDLuXhpwT

[Bloomberg @business]

Venture debt firm Stride Ventures has made its first foray into Saudi Arabia and plans to deploy $200 million there in the next two years to capitalize on the kingdom’s push for new sources of financing. https://t.co/TI7HR1D46x

[Bloomberg @business]

Chinese automaker BYD plans to triple its showrooms in Saudi Arabia as it builds on the fresh momentum around EVs in the wake of Tesla's arrival to the country https://t.co/y9xEuHQTcF

[Paul Wallace @PaulWallace123]

#Nvidia become the first company to hit a $4 trillion valuation thanks to the #AI boom. The stock's up more than 1,000% since the start of 2023.

As the chart shows, #Aramco, the world's biggest company as recently as mid-2022, has been left in the dust by the big US tech firms.

[Bloomberg @business]

Stc Group’s venture capital arm has invested in Tarmeez Capital, a Saudi debt trading platform planning a push into private credit https://t.co/Tlr9Mu7y5H

[Bloomberg @business]

Saudi Awwal Bank’s investment arm plans to raise as much as one billion riyals for its first private credit fund focused on the Middle East and North Africa https://t.co/cpfcDqF9Da

[Bloomberg @business]

Saudi Arabia’s Jadwa Investment plans to raise as much as 400 million riyals ($104 million) for a fresh round of deals in the Middle East as it looks to expand its portfolio of companies and list them in the the region https://t.co/lh4ZNkEXPC

[Bloomberg @business]

Saudi private equity firm Jadwa Investment has committed $45 million to fuel and fleet management firm PetroApp, with a view toward taking the company public by 2028 https://t.co/QpGwK81Yyy

[B/R Football @brfootball]

AL-HILAL KNOCK MAN CITY OUT OF THE CLUB WORLD CUP 😱