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THIS MORNING: Houthis attack southern Saudi cities for second consecutive day
Good morning, friends. We’re closing out the week after a second night of attacks on sites in the Kingdom. Houthi…
PIF puts Al Khafji on Saudi tourism map
Gulf Coast Development Company will develop an integrated tourism and residential destination with private sector participation
Deloitte invests in AI to scale Saudi unit
The company will focus on scaling AI value, enhancing cyber resilience, and building executive governance frameworks
My Morning Routine: Fadi Al Awami, founder of The Consultation Center
On the move from banking to advisory, the fintech-versus-banks question, and the data that lenders keep overlooking
Saudi Arabia lines up USD 8 bn debt package
PLUS: PIF to lend LIV Golf last line of funding ahead of imminent bankruptcy filing
Saudi’s venture pause won’t last, and the money is ready to redeploy
A senior venture investor in the Kingdom expects funds to redeploy once LEAP and Money20/20 reopen the room
MENA VC funds sit on USD 1.5 bn as deployment lags
Nearly nine of every ten dollars committed to funds since 2024 is still undeployed
The PIF is taking the last quarter of Saudi football’s big four
The PIF took 75% of the four clubs in June 2023
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