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Saudi Aramco, Pasqal Launch Kingdom’s First Quantum Computer

Saudi Aramco, one of the world’s leading integrated energy and chemicals companies, has partnered with Pasqal, a global pioneer in neutral-atom quantum computing, to deploy the first quantum computer in the Kingdom—and the Middle East’s first system dedicated to industrial applications. In a recent press release...

Aramco Acquires Valvoline’s Global Products Business for US$2.65 Billion.

The Saudi Arabian Oil Company (Saudi Aramco), through one of its wholly owned subsidiaries, has completed the acquisition of Valvoline Global Products Company (Valvoline Global Operation), a subsidiary of the American Valvoline Company (NYSE: VVV), for a value of $2.65 billion dollar.   Through this acquisition, which comes after the two companies signed the share

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