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The hype in the financial markets for lower interest rates is cooling (except in crypto)
Market hype over the Fed’s interest rate position is tempering: The so-called “meltup” in the financial markets that accompanied statements…
Lots of transport-type news this fine fall morning
RAIL- Saudi Arabia Railways has inked a contract with Al Jabr Automotive to transport thousands of cars annually via freight…
DP World invest some SAR 1.28 bn into the south container terminal at Jeddah Islamic Port
The south container terminal represents DP World’s first terminal concession outside of the UAE
NEOM takes stake in (regionally ubiquitous) Technogym + PIF buys into another luxury hotel chain
Technogym’s shares saw a c.6.9% markup as a result of the transaction, closing at EUR 9.20 from EUR 7.99 on…
Debt, investment, real estate — we’ve got a bit of everything this AM
DEBT- #1- Saudi Cable inks a debt-transfer agreement:Tadawul-listed Saudi Cable Company (SCC) has inked an agreement under which Al Rajhi…
Saudi Investment Recycling shuffles board of directors
PIF-backed SIRC reshuffles board of directors: The Saudi Investment Recycling Company (SIRC), a subsidiary of the PIF, said it has…
PIF set to grab 10% stake in Heathrow
Paris-based equity firm Ardian will also acquire a 15% stake in the airport holding company
Kingdom Holding grabs additional stake in Citigroup
KHC said the “transaction supports the company’s strategic plans,” but did not elaborate.
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