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United Maintenance and Contracting lands SAR 1.8 bn racetrack contract for Speed Park
The racetrack will host major events, including Formula 1 Grand Prix
Tax incentives for companies relocating HQs here come into force
The Kingdom had set a 1 January 2024 deadline for foreign firms to move their regional HQs here or run…
PIF’s mobility investment arm buys into Croatia-based Project 3 Mobility + eyes Recogni, Holon
P3 plans to use the proceeds to fund its R&D and expand its team
It’s a wrap for the PIF Private Sector Forum
Several agreements were also signed between the PIF and the private sector
Saudi Electricity wraps up an FCY sukuk sale
The sukuk will be listed on the London Stock Exchange (LSE)
Savola looks to offload Almarai, raise SAR 6 bn in fresh capital to focus on fresh growth
Savola is also looking into the possible IPO of Panda, its consumer retail arm
PIF Private Sector Forum kicks off on a high note
The PIF’s role helped bring the private sector’s contribution to 65% of GDP, according to Al Rumayyan
SNB Capital, Alshegrey launch SAR 1 bn Riyadh-focused commercial real estate fund
Riyadh’s demand for offices is rising
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