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Infrastructure 
Tourise unveils USD 113 bn in portfolio investments, says Tourism Minister
The next Tourise Summit will be held in March 2027
GCC Interconnection Authority to invest USD 3.5 bn in grid link over the next decade
The first cross-border connection outside the Gulf will link the GCC grid to Iraq
Stc group completes MEA’s first 6G bandwidth trial
Mrhoon Fund launched as the Kingdom’s first to use lease contracts for collateral
PIF + Acwa Power to develop utilities for real estate portfolio
ALSO: Mila Celebrations and Rodyan seal USD 5 mn partnership
Saudi Arabia to drive USD bns into Syria’s infrastructure in the next five years
Syria’s focus is on “reconstruction through investment” rather than aid, according to Syrian President
PIF intends to raise more global champions
PLUS: Bank of America, Citigroup, and Morgan Stanley and more join EA takeover financing
Construction tech firm BRKZ bags up to USD 30 mn in growth debt from Stride Ventures
PLUS: Stride Venture partnered with SAB Invest, aiming to invest USD 500 mn in the region’s startups and SMEs
Red Sea Global secures SAR 6.5 bn financing for Amaala
Amaala is expected to open as soon as this year
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