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Rents at Riyadh’s mega malls up 4.2% y-o-y in 3Q - Knight Frank
Rent at Riyadh’s shopping malls sat around SAR 2.8k per sqm
Eyewa secures USD 100 mn in a series C funding round
Eyewa plans to open 100 new stores in 2025
MBC posts SAR 12.7 mn net income post-PIF acquisition
PLUS: Renewables giant Acwa Power turned to the red in 3Q 2024, reporting a net loss of SAR 2.1 bn
eXtra’s bottom up 32.1% y-o-y for 3Q at SAR 156.2 mn,
Revenues were up 10.4% during the period at SAR 1.6 bn
PIF acquires an additional 30% in UK department store chain Selfridges
The fund will hold an overall 40% minority stake in the business.
Cenomi Centers + GIB Capital line up SAR 1 bn Shariah-compliant real estate fund
Construction at U Walk Qassim is slated to restart in December 2024
Jeddah International Market catches fire
PLUS: Jeddah International Market catches fire
Magrabi and Rivoli Vision merge for regional expansion
The merger is targeting double-digit revenue by 2027
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