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Sama cuts interest rates in line with the Fed + United Carton Industries gets IPO green light
PLUS: Riyadh Season World Masters of Snooker quarterfinals begin today
THIS MORNING: Export-oriented manufacturers can have customs duties waived on input materials
PLUS: Yamama Cement edges closer to forming a holding company for tapping the minerals sector after board approval
Alsulaiman’s Flow + Bahrain’s Arcapita to develop logistics complex in Riyadh
The 80k sqm mixed-use complex will include storage solutions for pharma and hazardous materials
Ardco + Agility Logistics partner on new SAR 227 mn Riyadh logistics complex
Construction is set to start next year
Singapore-based Locad plans Saudi expansion after pre-series B round
The round gives the startup a valuation of USD 60 mn, Reuters says
Saleh Alrajhi & Foxconn Int’l Tech to launch USD 100 mn JV for EV charger manufacturing
PLUS: Tanmiah Food secured a SAR 650 mn loan from Saudi National Bank
Qara secures USD 2.6 mn in a seed funding round
Qara has been operating here since 2Q 2024
Cityscape Global closes out with SAR 230 bn in real estate agreements
Real Estate Development Fund provided SAR 1 bn in housing finance to Sakani beneficiaries
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