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Saudi Arabia attracted USD 509 mn in equity funding in 9M 2024 -Magnitt
.The Kingdom ranked fourth among the report covered countries in terms of the number of closed transactions
PIF sells down Nintendo stake
PIF remains one of Nintendo’s largest shareholders
PIF plans USD multi-bn green hydrogen investment
The new firm, Energy Solutions, is expected be formally announced as early as this month
Saudi startups topped the MENA region in startup funding in September
Jeddah was the second most funded city regionally, followed by Riyadh
Mila Celebrations raises USD 227k in pre-seed round
The startup is also looking to expand into the broader GCC market
Folk Maritime to invest USD mns in fleet expansion over the next five years
The firm plans to buy about two-thirds of the ships it's adding and will charter the rest
BinDawood earmarks SAR 1.5 bn for expansion plans
The company is looking to roll out robots at its stores
Ma’aden to acquire Sabic’s shares in Bahrain’s Alba
This will boost Ma’aden’s holding in Alba to 20.6%
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