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PIF and partners to launch a USD 5 bn basketball tournament
The new tournament looks to bring basketball closer to its extensive Asian fans
Hajj registration open for Saudi citizens, residents + Al Baik inches closer to Pakistan
PLUS: Fitness chain BodyMasters and car-rental firm Yelo reportedly mull IPO
Government-owned SVC runs USD 3 bn in AUM
SVC helped fund 773 companies through 1.5k rounds as of 30 June
Balady Poultry to embark on SAR 1.1 bn expansion plan
The plan runs between 2025 and 2029
Sedco Capital, Sumou Investment to launch SAR 8 bn real estate funds
The funds will target mixed-use and infrastructure projects across four cities
Eastern Province lines up SAR 600 bn in new projects
Local and Thai contractors were tapped for the projects
Nama Chemicals accepts SAR 200 mn PE fund bid to acquire Jana
The offer will be made through a newly-set up private equity fund managed by FAAD Capital Partners
Educhain acquires India-born schools management platform Rarome
PLUS: Sumou Real Estate to build Riyadh and Dammam projects
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