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SAL finalizes land lease agreement for SAR 4.2 bn logistics zone
PLUS: SAL appoints advisors for a possible sukuk issuance program
KSA’s Jahez finalizes 75% acquisition of e-commerce outfit Snoonu
Jahez will be fronting SAR 802 mn, while the Snoonu’s founder Hamad Mubarak Al Hajri will retain a 23.4% stake
Lunate + Blackstone set up GCC-focused USD 5 bn logistics platform
The new platform, Glide, will invest in Grade A logistics assets across the GCC
How KSA, UAE, and Egypt’s non-oil private sector fared in September
The two Gulf countries saw their non-oil private sectors’ growth accelerate, while Egypt’s sector dipped further into contraction territory
China to lend USD 3.7 bn for Aramco’s massive Jafurah project
The lenders include Bank of China, the Industrial and Commercial Bank of China, China Construction Bank, and the Agricultural Bank…
TODAY: China banks to bankroll Aramco’s Jafurah project
What we’re tracking this morning regionally and around the world
Updates on aviation, data centers, and projects from the UAE and Saudi
Stories on our radar this morning from around the region
Bahri inks SAR 762 agreement to boost bulk fleet
The ships are scheduled for delivery in batches between 2028 and 2029
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