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Logistics (MENA) 
PIF pours more into Magic Leap
The funds will drive the rollout of Magic’s industry-specific XR tools and commercial deployments
Hassana Investment taps Al Sabty to steer the USD 320 bn pension fund
ALSO- Tanmiah appointed Zein Attar as Managing Director and Chief Human Resources Officer
Qiddiya awards SAR 5.4 bn contract to build performing arts center
The center will feature 3k seats across three theatres
Banks report healthy growth in 2Q -Alvarez & Marsal
The growth was driven by higher non-interest income and a more measured pace of lending and deposit expansion
PIF is reportedly among investors in Aramco’s Jafurah project
PLUS: US-Saudi defense pact is on the table
Saudi leads MENA VC with 173 transactions in 9M 2025 -Magnitt
MENA VC funding doubles, overtaking Southeast Asia
King Salman Gate to transform Makkah’s Grand Mosque district
The project will create more than 300k jobs by 2036.
Riyadh Air gears up for maiden London route, rolls out loyalty program
The initial flights will be operated on Boeing 787-9 aircraft named Jamila
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