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SRC raises USD 2.75 bn in a record GCC sukuk, Raff closes a USD 1.7 mn pre-seed
SRC’s issuance drew USD 18.7 bn in orders, 6.8x the offering
Almunajem Foods’ push for 20.3% of Al Jouf Agricultural Development moves to capital-raise stage
The proposed raise would see Almunajem subscribe to 4.5 mn new shares, taking its stake to 20.3% from 8.3%
Aramco Ventures backs Twin1 AI
The company builds AI “digital twins” of workers
New healthcare ins. product to cover outpatient care without pre-approval
The new product will be available to ins. customers from 1 November
Nofoth to eat a piece of Plenty Food, No more salary floors for Saudi project managers
Nofoth also aims to acquire a 70% stake in Al Waal Al Bari Beverages
Solar projects deadline pushed, another sukuk issuance from NDMC
The extension keeps a major pipeline of utility-scale solar projects moving toward procurement while giving developers more time to structure…
Pinnacle launches a new VC fund , More financing for Diriyah
Diriyah secured a SAR 2 bn financing agreement with ANB
Qassim Cement lands loan from SIDF, BinDawood bids for Estonian assets
Qassim aims to combine this funding with shariah-compliant bank facilities to meet its funding needs
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