MONTREAL, Nov. 24, 2025 (GLOBE NEWSWIRE) -- Brunswick Exploration Inc. (TSX-V: BRW, OTCQB: BRWXF; FRANKFURT:1XQ; “BRW” or the “Company”) is pleased to announce that it has identified the Kingdom of Saudi Arabia (the “KSA” or “Saudi Arabia”) as highly prospective for lithium exploration. To support this new initiative and as an initial entry step into the country, BRW was awarded an exploration license in Saudi Arabia. BRW is the first hard-rock lithium company to outline and embark on a country-wide systema ...

Accessibility StatementSkip Navigation A partnership including: REDF, SRC LCM Partners LONDON, Nov. 17, 2025 /PRNewswire/ -- Under the patronage and presence of His Excellency Mr. Majed bin Abdullah Al-Hogail, Minister of Municipal and Rural Affairs and Housing and Chairman of the Board of the Real Estate Development Fund, the Real Estate Development Fund (REDF) and the Saudi Real Estate Refinance Company (SRC), announced the signing of a tripartite partnership with LCM Partners. LCM Partners is one of Euro ...

Core Insights - Parsons Corporation has been awarded a SAR210 million ($56 million) contract for Phase 2 of the Diriyah project by Diriyah Company, a subsidiary of Saudi Arabia's Public Investment Fund (PIF) [2][5] - The contract involves the design and delivery of parks, open spaces, and over 55 kilometers of streetscape, aiming to enhance livability and community well-being [3][4] - The Diriyah project is a significant mixed-use urban development that combines traditional Najdi architecture with modern urban design, targeting a walkable environment for approximately 100,000 residents and 50 million annual visitors [4][5] Company Overview - Parsons has over 65 years of experience in Saudi Arabia and is involved in more than 50 active projects, reinforcing its role in shaping the Kingdom's future cities [6] - The company has been a key partner in advancing Saudi Arabia's giga-project ecosystem since 2017, contributing to major developments aligned with Saudi Vision 2030 [5][6] - Parsons' expertise includes urban development, transport infrastructure, smart mobility, and sustainability, positioning it as a crucial enabler of the Kingdom's transformation journey [6]

Core Insights - Parsons Corporation has been awarded a $56 million contract for Phase 2 of the Diriyah project, which is a 5-year engagement aimed at enhancing urban development in Saudi Arabia [1][4] - The Diriyah project is part of Saudi Arabia's Vision 2030, focusing on creating a mixed-use urban destination that integrates traditional Najdi architecture with modern urban planning [3][10] Group 1: Contract Details - The contract involves the design and delivery of parks, open spaces, and over 55 kilometers of streetscape, including streets, footpaths, and civic buildings [2] - This contract represents new work for Parsons Corporation, which has been a partner in various urban development projects in Saudi Arabia since 2017 [4][5] Group 2: Project Significance - Diriyah is historically significant as the birthplace of Saudi Arabia and is home to the UNESCO World Heritage Site, At-Turaif [3][8] - The development aims to create a walkable city for approximately 100,000 residents and accommodate nearly 50 million visits annually [4][9] Group 3: Company Background - Parsons Corporation has over 65 years of experience in Saudi Arabia and currently manages more than 50 active projects, including mega and giga projects [5] - The company specializes in urban development, transport infrastructure, and sustainability, contributing to the Kingdom's economic diversification efforts [6][11]

Core Insights - Hyundai Motor Group's Executive Chair Euisun Chung met with HRH Crown Prince Mohammed bin Salman to discuss collaboration on Saudi Arabia's Vision 2030 and the group's growth strategy in the region [1] - The discussions included initiatives in mobility, smart cities, and future energy sectors, highlighting Hyundai's commitment to participating in Saudi Arabia's industrial transformation [1] - Hyundai Motor Group is actively involved in Saudi Arabia's giga projects and aims to expand cooperation in renewable energy, hydrogen, and nuclear energy [1] Group 1: Strategic Partnership - Saudi Arabia's Vision 2030 aims to diversify the economy from energy reliance to manufacturing and hydrogen energy, positioning the country as a prominent emerging economy [1] - The kingdom is attracting global automakers, including Hyundai, with the goal of becoming an automotive hub for the Middle East and North Africa [1] - Executive Chair Chung expressed gratitude for the Saudi government's support and outlined ongoing collaborative projects and future plans [1]

Social Impact of Sports & Physical Activity - The speaker's early dreams included women driving, attending stadiums, working in sales, and participating in sports, reflecting a desire for greater gender equality in Saudi Arabia [1][2] - The speaker recognized the power of global sports to represent identity, nation, and culture [3] - Physical activity helped the speaker overcome postpartum depression, highlighting its positive impact on mental health [5] - The speaker started a commercial license to train tens of thousands of people, including girls, boys, and people with disabilities, demonstrating a commitment to inclusivity [6] - The speaker climbed Everest base camp to promote physical activity and support women diagnosed with breast cancer [8] - The Saudi Vision 2030 aimed to increase physical activity from 13% to 40%, aligning with the speaker's work [9] - The integration of PE in public schools was achieved after a debate in the Shura Council, expanding access to physical activity for girls [13] - The COVID-19 pandemic highlighted the importance of physical activity for immunity [17] Overcoming Challenges & Achieving Goals - The speaker transformed childhood dreams into reality by advocating for change in the Shura Council [11] - Despite losing key players, the speaker's basketball team won gold for the second consecutive year, demonstrating resilience and teamwork [19][20]

Core Insights - The strategic collaboration between Solowin Holdings and CITIC Contracting Company aims to enhance investment offerings and develop tokenized real estate opportunities in Saudi Arabia [1][2] - This partnership seeks to connect the private real estate market with investor demand for diversified yield-generating alternatives, leveraging Solowin's technology and CITIC's real estate expertise [2][3] Company Overview - Solowin Holdings is a leading financial services firm that operates in both traditional and digital asset markets, providing a full-spectrum ecosystem that integrates traditional finance with decentralized finance [5] - The company has a robust Web3 Infrastructure division and is licensed by the Hong Kong Securities and Futures Commission, enabling it to offer compliant traditional finance, real-world asset tokenization, and global digital payment solutions [5] Strategic Goals - The collaboration aligns with Saudi Vision 2030, which focuses on digital transformation and economic diversification in Saudi Arabia [3][4] - The partnership will utilize CITIC's execution capabilities alongside Solowin's regulated stablecoin infrastructure to modernize traditional assets [3]

Core Insights - The Saudi Arabia Cementitious Flooring Market is projected to grow from USD 189.4 Million in 2024 to USD 259.04 Million by 2030, with a compound annual growth rate (CAGR) of 5.20% [1][16]. Market Growth Drivers - Significant growth is driven by the rapid expansion of the construction and infrastructure sectors, with cementitious flooring gaining popularity for its durability and low maintenance [2][6]. - The ongoing development initiatives under Saudi Vision 2030 emphasize urban development and infrastructural advancements, increasing the demand for cementitious flooring in high-traffic areas [3][5]. - The construction industry in Saudi Arabia is expected to grow at around 4.2% in 2024, supported by major projects like NEOM city and the Red Sea Project [7]. Market Challenges - Price volatility of raw materials, such as cement and aggregates, poses a challenge, with cement prices increasing by approximately 5-7% in 2023 due to global supply chain disruptions [8][9]. Market Trends - There is a growing demand for sustainable and eco-friendly flooring solutions, with cementitious flooring being favored for its natural ingredients and low maintenance [10][11]. - The trend towards energy-efficient building materials is boosting the adoption of cementitious flooring, particularly in green-certified buildings [12][13]. Key Market Players - Major players in the Saudi Arabia Cementitious Flooring Market include BASF, Sika, Mapei, Ardex Group, Flowcrete Group, LafargeHolcim, USG, and RPM International [14][15].