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Tamara is now licensed in the UAE
Plus: Starwood Capital to set up shop in DIFC
Sumou Holding eyes Egypt’s state-linked developer Midar
Sumou announced in September it plans to invest USD 2 bn in Egypt in the next five years
Aramco now owns 60% of Petro Rabigh
Saudi Aramco now owns 60% of its refining and petrochemicals joint venture
Riyadh will have its first foreign higher education entity by Fall 2026
ALSO- Alkhabeer Capital acquires SAR 18 mn worth of shares in Automated Economy Holding to boost its robo-advisory services
Busy pipeline ahead for debt and equity capital markets in Saudi + UAE, investment bankers say
The GCC is increasingly being viewed less as an emerging market and more as a stable, developed market
STC unit lands SAR 5.5 bn for infrastructure push
AND- Registration for the PIF’s Azm Program is now open
Sisco Holding acquires 51% stake in Port Services and Storage Company
PSS manages some 130k sqm of logistics infrastructure in Dammam and Jubail, with ambitions to set up a further 280k…
Record wave of megadeals pushes M&A past USD 1 tn
2025 is now on track to be the strongest year for M&A since 2021
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