PIF-backed Scopely moves for USD 1 bn Turkey gaming play
The move brings the studio behind the viral puzzle hit Pixel Flow! into the Savvy Games Group fold
Available in your choice of English or Arabic
The move brings the studio behind the viral puzzle hit Pixel Flow! into the Savvy Games Group fold
PLUS: Saleh & Sons IPO sees strong demand
The deal structure sees the PIF taking a 93.4% controlling interest
The seven-year tranche, maturing in 2032, priced at 90 bps over mid-swaps, down from IPTs of 125 bps.
The SAR 250 mn transaction has been nearly two years in the making
The PIF bought a 49% stake in Rocco Forte Hotels in December 2023
Knight Frank MENA taps Susan Amawi as general manager for Saudi
Plus: Some companies with regional HQs here could face zakat — depending on how much of their company is owned…
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