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Almarai is set to fully take over Jordan-based dairy producer Hammoudeh Food Industries
PLUS: Sarco taps advisors for Golden Compass acquisition
Nintendo rally + AI-backed economic growth
PLUS: Saudi Arabia’s bid for a seat on the UN Human Rights Council
PIF plans USD multi-bn green hydrogen investment
The new firm, Energy Solutions, is expected be formally announced as early as this month
Saudi startups topped the MENA region in startup funding in September
Jeddah was the second most funded city regionally, followed by Riyadh
Saudi-Spanish consortium lands SAR 4 bn Qiddiya stadium contract
The stadium is slated for completion in 2029
Non-oil private sector activity grows again
PLUS: PIF wants to go deeper in Japan’s gaming sector
Saudi Binladin Group to resume construction on Jeddah Tower
PLUS: Sama issues compliance + internal audit principles for finance, real estate refinance companies
Al Menu closes SAR 38 mn funding round
Funds are earmarked for local expansion
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