Saudi Arabian oil company Aramco said on Thursday that the company has signed a Memorandum of Understanding with Nanshan Group Co Ltd, Shandong Energy Group Co Ltd and Shandong Yulong Petrochemical Co Ltd to facilitate discussions relating to the possible acquisition by Aramco of a 10 percent strategic equity interest in Shandong Yulong Petrochemical Co Ltd.

沙特阿拉伯石油公司阿美石油公司周四表示，该公司已与南山集团有限公司、山东能源集团有限公司和山东玉龙石化有限公司签署了谅解备忘录，以促进有关阿美石油公司可能收购山东玉龙石油化工有限公司10%战略股权的讨论。

New Saudi Arabian carrier bullish on travel demand between two countriesRiyadh Air, the newly established national carrier of Saudi Arabia, plans to begin operation in 2025, with direct flights to Chinese cities launching in early 2026, as the airline is bullish on growing business and leisure travel demand between China and Saudi Arabia.

沙特阿拉伯新航空公司看好两国之间的旅行需求沙特阿拉伯新成立的国家航空公司利雅得航空计划于2025年开始运营，2026年初开通直飞中国城市的航班，因为该航空公司看好中国和沙特阿拉伯之间日益增长的商务和休闲旅行需求。

Aramco will supply 480,000 b/d of Arabian crude to a Rongsheng subsidiary — Zhejiang Petroleum and Chemical Co Ltd — under a long-term sales agreement.

阿美石油公司将根据长期销售协议向荣盛子公司浙江石油化工有限公司供应480万桶/日的阿拉伯原油。

Huawei and leading Saudi Arabian telecommunications operator Zain KSA signed a memorandum of understanding last month for the"5.5G City" joint innovation project.

华为和沙特阿拉伯领先的电信运营商Zain KSA上个月签署了“5.5G城市”联合创新项目的谅解备忘录。

How the Aramco-China relationship is shaping a brighter futureRecently, the Saudi Arabian Oil Company (Aramco) collaborated with the China Building Materials Academy (CBMA) to launch the Nonmetallic Excellence and Innovation Center for Building Materials (NEXCEL) in Beijing.

阿美石油公司与中国的关系如何塑造更光明的未来最近，沙特阿拉伯石油公司（Aramco）与中国建筑材料学会（CBMA）合作，在北京成立了建筑材料非金属卓越创新中心（NEXCEL）。

"We celebrated the 30th anniversary of the first shipment of Arabian crude to our Chinese customers in October last year.

“去年10月，我们庆祝了第一批阿拉伯原油运往中国客户30周年。

The Saudi Arabian Oil Company (Aramco) on Sunday announced a net income of $49 billion in 2020, down from $88.2 billion in 2019, or 44.4 percent.

UL will continue to work with its partners such as the Saudi Arabian Standards Organization to provide services for businesses participating in the BRI in the long run.

Participants in the project include ACWA Power, a Saudi Arabian developer and operator of power generation and water desalination plants, the EPC (engineering, procurement and construction) contractor Shanghai Electric Group Co Ltd, and the Spanish renewable energy company Abengoa.

The consortium is led by Saudi company Arabian Oud and includes an unidentified "major airline", Maaal reported, citing sources.

Participants of the project also included a US equipment supplier, a Spanish solar plant supplier, a Saudi Arabian operator and a Chinese contractor.

World's leading oil exporter plans to expand its refining and petrochemical capacities, looking actively for local partnersSaudi Arabian Oil Company (Saudi Aramco), one of the world's top oil exporters, will continue to boost its downstream presence in China, after it formalized plans to build a 300,000-barrel-per-day refining and petrochemical complex along with Norinco Group and Panjin Sincen in Panjin, Northeast China's Liaoning province, in February.

Huawei, Chinese technology giant, has co-launched an ICT (Information and Communications Technology) talent job fair with Saudi Arabian Ministry of Communications and Information Technology on Thursday in Saudi capital Riyadh.

At the opening ceremony in the capital Riyadh, Sultan Mofti, deputy governor for Investment Attraction and Development at Saudi Arabian General Investment Authority, hailed Huawei's efforts to provide the best information technology and communications services in accordance to the highest global standards for quality and security.

Total contracted value exceeded $29.2 billion, with global players including Saudi Arabian Oil Company, Kuwait National Petroleum Company, GS Caltex and Qatar Gas.

"I buy things on JollyChic many times, because prices are cheap, quality good and (home) delivery fast," said Lima Khalid, 25, a Saudi Arabian female employee at a local company.

JollyChic is not a Saudi Arabian online shopping site; rather, it is an online retailer operated by a Chinese e-commerce company named Jolly Information Technology Co Ltd based in China's eastern city of Hangzhou, Zhejiang province.

Abdul Aziz, a Saudi Arabian reporter, explained that the majority of his compatriots are low-and middle-income consumers, who enjoy buying quality goods at reasonable prices online.

Sulaiman Azmi, a Saudi Arabian manager of human resources at Jolly's local branch, said the country is seeking ways to help young people find jobs, especially for women who find it hard to find jobs in the conservative nation.

BAT is one of five corporations to invest in China Materialia in recent funding rounds, including United States-based chemical company BASF, California-based venture capital company GE Ventures, South Korean technology firm Samsung, and Saudi Arabian manufacturing firm Saudi Basic Industries Corporation.

Contracts have been signed for nuclear projects in Argentina while the CNNC and its Saudi Arabian partner have agreed to push forward cooperation on uranium and thorium resources.

"We are planning to invest more in China in the future, mainly focusing on chemical products, including polyethylene and methanol, considering the successful investment and cooperation we've had in the country with companies like Sinopec," Yousef Abdullah Al-Benyan, vice-chairman and chief executive officer of the Saudi Arabian company, told China Daily.

Deals signed during the forum included Saudi Arabian Oil Co taking a stake in CNPC's Yunnan refinery, a $4 billion agreement for a natural gas processing plant in Azerbaijan with State Oil Co of Azerbaijan, gas storage and gas-fired power projects with Russia's Gazprom PJSC, and a geothermal project in Kenya, it said.

In a media round table at the ongoing hospitality fair Arabian Travel Market, Sheikh Ahmed replied on request by Xinhua if he could imagine buying aircraft made in China, "I would never say we are buying this or that because it was made in Europe or in America, but we look at what is the best in the industry," he said.

Thierry Antinori, chief commercial officer of the airline in the United Arab Emirates (UAE), made the remarks while addressing the media ahead of the annual tourism fair, Arabian Travel Market in Dubai.

The Port Qasim Coal-Fired Power Plant, located by the Arabian Sea in Karachi, has been jointly developed by PowerChina Resources and Qatar's Al Mirqab Capital.

East China's industrial hub leads way in cross-border biz transactionsBack on Dec 6, E-ter Network based in Yiwu, Zhejiang province, received a payment from a Saudi Arabian client for daily necessities such as storage boxes, water bottles and handbags.

Even now, in Arabian countries, the figure was seen to be around 24 percent recently.

Themed the "dual-circle" development paradigm, cooperation with Arabian Gulf ports and the future development of the Bohai Rim, the forum was attended by more than 300 representatives, including delegates from Gulf countries such as Saudi Arabia and the United Arab Emirates, officials from relevant national ministries, commissions, and Bohai Rim cities, and leaders in various industries including port transportation, chemicals, logistics and cross-border e-commerce.

The company has helped train more than 60,000 Saudi Arabian skilled workers, and it will continue to take its corporate social responsibility seriously and contribute to sustainable development.

"According to the Municipal Commission of Commerce, the latest batch of enterprises are mostly well-known industry pioneers, such as Saudi Arabian chemicals firm SABIC, and ASML from the Netherlands, which manufactures photolithography systems key to the semiconductor industry.

The majority of China's 98 centrally-administered SOEs, including China National Petroleum Corp, COFCO Corp and China National Pharmaceutical Group Co, had all signed purchase and cooperation deals with foreign companies such as Saudi Arabian Oil Co, Mitsubishi Electric, Cargill Inc, SAP AG and Microsoft Corp during the third CIIE held in Shanghai early this month, said the State-owned Assets Supervision and Administration Commission of the State Council.

The hosts speak many languages, including English, German, French, Spanish, Portugese, Italian and Arabian.

China Petroleum and Chemical Corp, or Sinopec, the world's largest refiner by volume, has signed a memorandum of understanding with Saudi Arabian Oil Company, which is widely known as Aramco, on Tuesday for potential downstream collaboration in China.

"Saudi Arabian Energy Minister Prince Abdulaziz bin Salman said on Sunday that the attacks have affected Saudi oil supply by 5.7 million barrels per day, or about 50 percent of the kingdom's daily oil production and 5 percent of the daily oil supply on the international market.

"What has happened in my opinion recently is a confluence of many non-oil fundamental issues, including the geopolitical issues," Saudi Arabian Energy Minister Khalid Al-Falih told reporters in Riyadh earlier.

Reham Zarei, general manager of Saudi Arabian Airlines' Guangzhou Office, said China's civil aviation market is huge and his airline is expecting to open more flights in the future to link more Chinese cities with the rest of the world.

Saudi Arabian oil and natural gas company Aramco has signed a letter of intent to become a minority stakeholder in a powertrain technology company to be established by Chinese carmaker Geely and France's Renault Group.

FAW said it will open Hongqi showrooms in the cities of Dammam and Riyadh this month, following the first in Jeddah that opened in April, to further explore the Saudi Arabian market.

The Chinese tech giant Huawei launched its largest overseas store in the Saudi Arabian capital of Riyadh on Wednesday.

The new office will be tasked with exploring business potential in the fast-growing technology and innovation hub and attracting innovative Chinese companies to Dubai, according to news website Arabian Business.

Hamad Buamim, president and CEO of Dubai Chamber of Commerce and Industry, told Arabian Business: "Since Dubai Chamber opened its first China office in Shanghai in 2016, the number of Chinese member companies has surged by more than 50 percent to exceed 3,200 today. "

Eager to expand in Belt and Road-related markets, Saudi Arabian Oil Co, one of the world's largest oil producers by revenue, said this year that it would invest $10 billion to build a fully integrated refining and petrochemical complex in Panjin, Liaoning province.

"(The ancient silk road and maritime silk) were over the continents and over the sea, and there were so many Chinese, Arabian, Indians along there," Nakao said.