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Infrastructure 
Saudi debt issuances to slow in 2H 2024 after a blockbuster first half -Fitch
Sukuk made up nearly two-thirds of the total
EFG Hermes’ annual conference is on its third day in London
PLUS: Public Investment Fund plans to open a Beijing office before the year is out
EEC novates debt to PIF as it lays out “capital optimization plan”
PIF will see its stake in EEC increased in exchange for forgoing debts and taking on some of the firm’s…
Indian firms land major infrastructure contracts in the Kingdom
VA Tech Wabag landed a UAD 317 contract to build a desalination plant in Yanbu
Reachware closes USD 3 mn seed funding round
The funds will be used to boost the company’s regional presence, and expand its product portfolio.
Malaa Technologies closes a SAR 65 mn series A
Malaa raised SAR 6.4 mn in a seed funding round in 2022
Syarah secures USD 60 mn in its latest Series C funding round
The funding includes a USD 20 mn venture debt facility from US-based PFG
More PIF debt
This would be the fourth time this year the PIF taps the bond market
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