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More investors, more AUM, and more VC funds: CMA’s highlights of 2023 in capital markets
CMA’s annual reports also shows that net proceeds from all offerings of equity and debt were down 71% year-on-year last…
FDI inflows up in 1Q 2024
Saudi is aiming to reel in USD 100 bn of foreign direct investment per year as part of Vision 2030
Aramco is closing in on 10% of Horse Powertrain
The transaction would see Renault and Geely each retain a 45% stake in the joint venture
TVM Capital Healthcare makes USD 35 mn investment in local pharma group Boston Oncology Arabia
TVM Capital Healthcare is set to help expand Boston Oncology Arabia’s access to international suppliers
Abdul Latif Jameel-backed EV maker Rivian to get USD 5 bn investment from Volkswagen
Both companies will use the tech from their JV to develop vehicles before 2030.
China’s Sany Heavy Industries to provide 80 electric trucks to King Abdulaziz Port
PLUS: Etihad Airways operated its first flight from Abu Dhabi to Al Qassim
Saudi FDI inflows and outflows were both down in 2023, Unctad report shows
Saudi remains among the 20 economies with the highest value of FDI outflows
EY declares MENA its regional headquarters and KFH says it’s eyeing more than one possible Saudi target
Plus: We’re more than half way
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