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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
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
Ma’aden and PIF close 10% stake acquisition in Vale Base Metals
The transaction is worth an estimated USD 2.6 bn
BlackRock hits USD 5 bn jackpot with PIF
BlackRock hosted a “private” gathering earlier this week for key corporate executives and regional investors
Neom taps domestic banks for SAR 10 bn to finance short-term needs
The funding is used to support its short-term financing needs for ongoing major projects
Middle East Paper to break ground on fifth production line in 3Q
The project is slated for commercial production in 4Q 2027
Flynas confirms IPO plans on Tadawul this year –report
Flynas is also seeking the purchase of 30 widebody aircraft to help boost operations
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