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Buyers commit more than SAR 860 mn to first retail sovereign sukuk. Plus: investment, tech and agri-entrepreneurs
A third program focused on entrepreneurship in the water sector, dubbed Sahabah, will be launched in Q3
Aramco’s lower max production target underlines a more flexible investment policy, rising appetite for renewables
Plus: IMF boss Kristalina Georgieva loves AlUla
PIF’s mobility investment arm buys into Croatia-based Project 3 Mobility + eyes Recogni, Holon
P3 plans to use the proceeds to fund its R&D and expand its team
PIF eyeing Starbucks Mideast, Roma + USD 1 bn Chinese VC fund
Plus: Lucid looks to move to full production in Jeddah “soon”
Rent now, pay later outfit Rize closes a seed round
Proptech company has ambitions to grow nationwide
“Airbnb for cars” Ejaro targets regional expansion after closing pre-Series A funding round
The latest funding round brings Ejaro’s total raised capital to USD 4.5 mn
Edtech startup iStoria secures USD 1.3 mn seed round
Proceeds are earmarked to fastrack iStoria’s innovation and global reach
Adaverse makes first investment in town
The investment is the first by Adaverse since it expanded operations to Riyadh last year
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