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The new commercial registry + trade names laws will go into effect in early 2Q 2025
PLUS: The Federation of Saudi Chambers opened its first office in Toronto
Even with falling sales and higher costs, cement companies’ bottom lines grew in 1H
Plus: Petrochemicals firm Chemanol plans to start producing methyl diethanolamine in 4Q 2027
Makkah Construction and Development buys into First Avenue Real Estate Development
First Avenue is gearing up to debut on Nomu
Saudi Electricity Company obtains a USD 4 bn syndicated loan
Naba Al Saha Medical Services obtained a SAR 250 mn from Riyad Bank
Saudi real estate market poised for more growth in 2H 2024, Markaz says
Real estate loans rose 11.5% y-o-y to SAR 767.3 bn at the end of 4Q 2023
Saudi National Housing offers USD 200 bn worth of infrastructure and housing projects to Egyptian firms
Saudi Arabia’s National Housing Company met with 16 local construction leaders to discuss the projects
There are USD 103.1 bn-worth of active building projects in Saudi
Low-rises are the most common, accounting for 969 projects worth USD 58.5 bn
SECO Capital launches a new multi-instrument fund
Salic to offload its entire 40% stake in Saudi Fisheries Company in a SAR 122.4 mn transaction.
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