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AI + Innovation (MENA) 
Infrastructure 
Dar Global puts down USD 390 mn for plots in Riyadh, Jeddah
The plots are slated for resale
Russian assets back in demand amid ceasefire hopes
Investors are looking to buy discounted Russian assets in anticipation of a market rebound
Dallah shareholders approve capital increase ahead of Al Ahsa, Al Salam hospitals acquisition
The increase will see Dallah issue 3.9 mn new shares to Ayyan Investment Company
Our sovereign sukuk issuances to slow down in 2025 + A new PIF-funded cricket league in the works?
PLUS: Indonesia close to lifting a decade-long ban on labor migrants
Saudi club spending on int’l transfers slows in 2024 — but remains the highest in the Arab region
Revenues grew 65.1% to SAR 27.9 mn
PIF-backed Scopely acquires Pokemon Go from US-based Niantic
The transaction will also see Scopely inject some USD 50 mn into Niantic’s AI spinoff
PIF launches Al Waha, Saudi Arabia’s first dutyfree retailer
PLUS: FedEx temporarily suspends some services into Saudi Arabia
Saudi attracted USD 22 bn in greenfield FDI projects during 2024
The communications sector saw the most love
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