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Logistics (MENA) 
PIF closes 15% acquisition of Heathrow Airport
A revised agreement to loop-in shareholders exercising tag along rights valued the acquisition at USD 4.1 bn earlier this year
PIF reportedly close to an agreement to snap up 6% of PGA Tour Enterprises
Both circuits have been stuck in talks since June of last year
PIF launches hospitality management firm dubbed Adeera
Adeera will develop and operate local hospitality brands that will complement international labels present in the Saudi market
Edtech startup AlGooru raises USD 4 mn in pre-series A round
PLUS: Homegrown startups locked in a total USD 94 mn in funding last month
PIF secures USD 10 bn from Bpifrance Assurance Export
PLUS: Saudi Arabia’s first seven-star hotel opens in AlUla
Naghi Group names CEO of new subsidiary
Mohamed Yousuf Naghi Group recently launched Jiad to optimize the group’s diverse portfolio
Dubai-based Stake to invest SAR 1 bn in the Kingdom during 1H 2025
The proptech company allows users to co-invest in real estate properties starting at USD 134
COP16 Climate pledges hit USD 12 bn in total
The total includes USD 10 bn from the Arab Coordination Group and pledges from Saudi, the OPEC Fund, and the…
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