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Infrastructure 
Al Jomaih unit reaches SAR 14.6 bn financial close achieved for Taiba 2, Qassim 2 power plants
The consortium secured c. USD 3.9 bn in financing
Diriyah’s USD 2 bn contract for mixed-use district is its largest award to date
Construction work is set to begin starting Q3 this year
Beijing wants more of PIF’s green investments
Good morning, friends. We’re sliding into the weekend with an Aramco-strong news cycle, with updates on both its secondary offering…
Saudi investors commit USD 100 mn to Gulf Islamic Investments
Al Nahdi Medical gives Gulf Islamic Investment a boost: Saudi investors committed USD 100 mn to Dubai-based Shariah-compliant investment firm…
PIF’s Neo Space Group names CEO
Blanken was the CEO of Exa Infrastructure
BinDawood + Mayar Holding close in on separate acquisitions
PLUS: BinDawood obtains non-objection from competition authority to acquire Jumeirah Trading
PIF set to grab significant minority stake in Saudi Re
Saudi Re wants to bring its capital up to SAR 1.2 bn
PIF defense champion Sami inks manufacturing and tech agreements with Turkish companies
Some 61 contracts worth SAR 26 bn were signed at the World Defense Show in Riyadh in February
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