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PIF’s SURJ eyes EUR 1 bn stake in EuroLeague
General Atlantic could join SURJ’s bid to rival BC Partners
PIF directed to invest USD 5 bn in Egypt
Details on the kinds of investments to be targeted remained sparse
Ma’aden to acquire 25.1% stake in JV with Alcoa for USD 1.1 bn
The acquisition is expected to close in 1H 2025
Indian firms land major infrastructure contracts in the Kingdom
VA Tech Wabag landed a UAD 317 contract to build a desalination plant in Yanbu
Reachware closes USD 3 mn seed funding round
The funds will be used to boost the company’s regional presence, and expand its product portfolio.
Malaa Technologies closes a SAR 65 mn series A
Malaa raised SAR 6.4 mn in a seed funding round in 2022
Syarah secures USD 60 mn in its latest Series C funding round
The funding includes a USD 20 mn venture debt facility from US-based PFG
Ashmore Saudi Arabia to exit Dubai-based school operator AlephYa Education
AlephYa operates Al-Majd National Schools and Al Tarbiyah Al Islamiyah School in Riyadh
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