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New fund to consolidate Saudi fuel retail, flynas resumes Riyadh-Damascus flights
Shuaa and Gate Capital are planning a fund to consolidate the Kingdom’s fuel retail sector into a nationwide network of…
Saudi Energy hooks UK’s Kraken
The UK software company, spun out of global energy giant Octopus Energy, is valued at 8.7 bn
Saudi Arabia Railways rolls out five new Gulf-to-inland freight corridors
The routes will link ports along the Red Sea ports to those in the blocked Arabian Gulf, helping facilitate cargo…
Jazan Port launches incentives to cut shipping fees by up to 50%
The program includes fee cuts, waivers, and transshipment discounts to attract carriers
Jozo bags SAR 8.3 mn in seed funding, Basma Adeem to acquire Al-Ajaji clinics
Jozo will use the proceeds to fund operational scaling, tech upgrades, and new investor offerings.
Saudi Investment Bank offers AT1 sukuk under SAR 5 bn program
Saib’s sukuk offer runs until 7 May for eligible investors
BinDawood bought a 51% stake in Vaza Food
The retail firm plans to expand into premium confectionery and specialty foods
Aramco Ventures backs energy efficiency startup in USD 36 mn round
Other backers include Embark Ventures and Safar Partners
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