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Aljazira Bank closes AT1 issuance, Pickappo raises SAR 2 mn
The perpetual, five-year callable certificates carry a minimum subscription threshold of USD 200k
Spark to get a plug-and-play factory, Asmo eyes build out, doors open at Amaala
The plug-and-play model is an answer to localization mandates tightening around major Saudi tenders
KAFD DMC breaks from state funding with SAR 12 bn debt facility
The facility aims to fund the district’s ongoing development and asset enhancements
GAC clears Fakeeh’s acquisition of Al Fagih hospital
The acquisition adds a 350-bed hospital in central-east Riyadh to Fakeeh Care’s portfolio
More global asset managers get their Saudi licence, New rules for AVs
Brookfield and Neuberger Berman secured the CMA green light for Saudi operations
New project for Almajdiah, Saipem secures EUR 900 mn local onshore contract, DisAI’s 2026 cohort is in, Aster DM plants its flag east
Almajdiah takes the lead on SAR 211.6 mn Riyadh build
Alramz, Assayel go in on SAR 370 mn real estate fund, 3 years to go for our rail link with Turkey
Saudi and Turkish railway operators are looking to cooperate on rail infrastructure
Aljazira Bank redeems USD 500 mn sukuk, Standard Chartered expands its local scope
The transaction will cover all 2.5k units issued
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