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PIF unit eyes controlling stake in Egypt’s leading education company with view to turning it into a regional platform
The two parties reached a conditional agreement that will see SEIC subscribe for new shares in SIC
Saudi startups raised a combined USD 4.8 mn in April
Total investments in MENA startups rose 7x y-o-y during the month
Gov’t debt is still on a “benign” trajectory, S&P says
Saudi’s debt-to-GDP ratio is expected come at 26% in 2027
Alat unveils new units to help advance AI infrastructure
Alat plans to invest USD 100 bn through 2030 across its nine business units
Lubref net income down, solutions by stc up as 1Q 2024 results season continues
Nadec | Luberef | Tasnee | Saudi Tadawul Group | SAB | Saudi Investment Bank (Saib) | Saudi German Health…
Qualified investors have until the end of the day to subscribe to Mohammed Hadi Al-Rasheed Nomu IPO
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
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