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Al Khaldi prices Nomu IPO at SAR 44-47 apiece
Al Khaldi is taking a 7% stake to market in a secondary share sale
Saudi, US sign another round of agreements in aviation, data centers, and last-mile delivery
The Kingdom tapped several US-based firms including Amazon, Qualcomm Technologies, Supermicro, Parsons, and Bechtel
Saudi, US signs spat of agreements in aviation, data centers, and energy trade
AviLease to get up to 30 Boeing jets for USD 4.8 bn
TODAY: AviLease to order 20 Boeings + UAE to develop Kazakh airport
What we’re tracking this morning regionally and around the world
Flynas sets IPO price range at SAR 76-80 per share amid robust appetite
At the top of the range, Flynas could raise up to USD 4.1 bn in proceeds
Updates on startups, shipping, projects, and aviation from across the region
Stories on our radar this morning from around the region
KSA taps US-based Ronn for hydrogen vehicle production in USD 4 bn agreement
The JV plans to establish two hydrogen vehicle production facilities in the Kingdom
Adnoc Distribution delivers double-digit net income growth in 1Q
The company’s revenues slipped due to lower crude prices compared to 1Q 2024
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