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PHD to expand Palm Hills October after acquiring new land plot. PLUS: More Chinese investment?
The real estate developer expects to draw EGP 85 bn in sales proceeds from the plot over a 5-7-year period
Valu to expand into Jordan, puts Saudi on hold for now
The fintech has shelved plans to expand in Saudi, citing problematic market conditions
Eva Pharma inks agreement for Saudi pharma complex
The complex will include a research and development center and five pharma factories
Saudi wealth fund wants minority stake in Palm Hills
The Public Investment Fund is reportedly in talks with the Arab African International Bank to acquire its 13% stake in…
Lumi shares rise 30% on Saudi stock market debut
The IPO was almost 95x oversubscribed
Fintech platform Neqabty closes USD 550k seed round led by Saudi wealth fund
Sanabil previously backed the fintech startup via its Sanabil 500 MENA Seed Accelerator
Saudi Arabia suspends normalization talks with Israel -Elaph
Did Riyadh just break off normalization talks with Israel? That’s according to the London-based news outlet Elaph, which reported last…
Saudi wealth fund to up its stake in e-Finance
e-Finance is looking to float 900k treasury shares
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