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Spinneys opens first store in Saudi, with more expected in 2024
PLUS: Nearly SAR 1 bn allocated to Sakani program beneficiaries for June
Inflation holds steady for third consecutive month
Amid a 10.5% surge in Housing rents
Saudi Investment Recycling + Hellenic Environmental Center to set up environmental processing centers in the Kingdom
PLUS: Midad is launching the Four Seasons Private Residence on Jeddah’s Corniche
Commercial rent jumps with fresh appetite for Saudi office space
Grade B rents in Riyadh jumped 26% y-o-y to SAR 1.2k per sqm in 1Q 2024
Opec+ will phase out voluntary production cuts starting this fall
Plus: Riyadh Air is build its international network, looking for US, Indian, and southeast Asian partners
Al Moammar invested in Elon Musk’s AI startup
PLUS: PIF’s Halal Products gets in on halal cosmetics
More IPO news: Retail offerings for Rasan + Talco’s Tadawul debuts move ahead
PLUS: Alat, the PIF’s advanced technologies unit, just wrote a USD 2 bn cheque to Chinese PC-maker Lenovo
PIF launches space company in localization drive. Plus: real estate, infrastructure and healthcare
PLUS: Sports Boulevard double its real estate fund value + Al Modawat Specialized Medical to ramp up Asir expansion to…
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