Taif’s Epic Mountain Playground Just Dropped!

Get ready to trade your couch for cloud-kissed adventures because Al Othaim Hills Taif is about to blow up the entertainment scene. 

Nature Meets Next-Level Fun

Visitors will wander through 250,000 square meters of pure magic on Al Hada Road. Expansive gardens, blooming trails, and dramatic rock formations wrap around thrilling zones like Al Othaim Land, the Inflatable Park, Mountain Adventure, and even a Zoo. Families dash between the Kids’ Park and Planet Meta’s virtual reality worlds while the Garden of Lights sparkles at night.  

Why This Changes Everything

Al Othaim Investment Company pours Saudi Vision 2030 spirit into every detail. A luxury hotel, cinema, retail spots, and tasty dining district complete the vibe. As Vice Chairman Mr. Abdulmalik bin Abdullah Al Othaim says, this isn’t just another spot — it’s a full family experience blending Taif’s stunning mountains with world-class entertainment.  

Phases roll out soon, so stay tuned for the opening dates. Taif just leveled up!  

Zooming into the Kingdom: Valvoline Ignites Saudi Sands with ValCo Power!

The Thrilling Launch in Jeddah

Valvoline™ Global Operations, the worldwide leader in automotive and industrial solutions, today kicks off commercial business operations for the newly formed Valvoline Arabia Lubricants Company (ValCo). Moreover, this bold move rocks the region. The launch of ValCo unites Valvoline Global's portfolio of lubricant technologies, products and technical expertise with localized commercial and functional capabilities. These capabilities actively support customers in Saudi Arabia and across the region.

Fueling the Future Forward

"ValCo represents a significant milestone in our broader global growth strategy..." said Samuel Raudales. Therefore, the talented ValCo team delivers advanced technical capabilities and supports regional economic development. ValCo establishes its headquarters in Jeddah, Saudi Arabia. The company operates this hub as Valvoline's regional headquarters in Saudi Arabia and its sub-regional hub. This office actively supports operations and functions across the Middle East and Africa while housing key business functions including sales, marketing, operations, and human resources.

Saipem's Epic Rig Shake-Up: Ditching Shallow Waters for Deep-Sea Glory!

The Big Deal Goes Down

Saipem just signed a game-changing agreement with ADES Saudi Limited Company. They are selling their full stake in Saudi Arabian Saipem Limited (SAS), which runs a cool fleet of jack-up rigs like Perro Negro 7, 8, 10, plus leased ones 11 and 13. 

In 2025, SAS pulled in revenues of SAR 636 million (about USD 170 million). The buyer pays USD 285 million cash on a debt-free basis, and Saipem plans to use those funds to fuel its industrial strategy.

Smart Moves Ahead

Next, the parties will set up a bareboat charter so Saipem keeps using Perro Negro 10 for operations in Mexico and meets all commitments smoothly. 

This transaction sharpens Saipem’s focus on deepwater and harsh-environment drilling. It strengthens their edge in high-value segments. Completion is expected by Q3 2026 after regulatory nods. What a bold pivot!