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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.
Brazil’s Embraer, JBS to invest more in KSA
JBS is set to 4x its processing of chicken in Saudi, while Embraer will explore making the Kingdom a hub…
Riyadh Cement gets update to main market from Nomu
Plus: A lesson from Elon Musk on how to court a client
Asyad takes 49% stake in Swissport Saudi Arabia
The transaction is subject to regulatory approvals
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