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Good morning, friends. It’s another busy news day. We lead with word that insurance technology startup Rasan has filed to…
Robo-advisor Abyan Capital closes series A round
Tech-focused VC Saudi Technology Ventures led the funding round
Ma’aden and PIF close 10% stake acquisition in Vale Base Metals
The transaction is worth an estimated USD 2.6 bn
Tourism, hospitality operators get easier licensing requirements
Easier regulation comes as officials look to line up SAR 42 bn in fresh investment for the sector
Ezdihar Real Estate, Al Istithmar Capital bank on rising demand for offices in Riyadh
The business park will be designed as a “Grade A office park”
Ma’aden acquires 25% stake in JV with Mosaic + Sabic
Plus: Almunajem snaps up more of Balady Poultry
BlackRock hits USD 5 bn jackpot with PIF
BlackRock hosted a “private” gathering earlier this week for key corporate executives and regional investors
Schools are remote this morning as rain continues
Plus: Tadawul Group taking its Capital Market Forum on the road to Hong Kong
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