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Makkah’s Masar Destination gets two new real estate funds
The private fund has a target capital of SAR 1.4 bn
Petro Rabigh, Al Hammadi Holding, Retal, and more post 1Q earnings
Al Hammadi’s net income jumped 15.4% y-o-y to SAR 73.9 mn in 1Q 2025
Awarded projects value hits SAR 5.4 bn in March
The Eastern Province led in volume, Riyadh in Value
Retal signs SAR 493 mn housing contract in Riyadh
PLUS: Saudi Power Transformers wins SAR 129.4 mn supply contract
Retal-owned JV lands SAR 450 mn hospitality works contract
ALSO- Armah Sports to build two B_Fit clubs in Riyadh
LIV Golf grants UK’s Dazn exclusive broadcasting rights
PLUS: Impact46 offloads 17.2% stake in Rasan
Tadawul’s net income up 59.4% in 2024 + Al Hammadi, Retal, Al Rajhi Takaful report full-year earnings
Al Hammadi plans to launch three new facilities by 2030
The new commercial registry + trade names laws will go into effect in early 2Q 2025
PLUS: The Federation of Saudi Chambers opened its first office in Toronto
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