Saudi Edition 
MENA+ Edition 
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Logistics (MENA) 
New leadership at Sadirat + Fadeco
Sadirat chose Halim Essayem as managing director, while Fadeco officially appointed Fadel Fawaz as CFO
FedEx’s Riyadh HQ will oversee Gulf operations
ALSO- MIS wins SAR 126.1 mn contract to maintain Riyadh healthcare equipment
Haddaj to invest SAR 70 mn in FAAD Industrial Fund
The fund is sized at SAR 220 mn, with a minimum subscription of SAR 215 mn
Tihama to acquire Dan Diamond Real Estate for an estimated SAR 90.7 mn
ALSO- Umm Al Qura sold a 2.7k sqm land plot for SAR 145.1 mn within Makkah’s Masar Destination to Jazeel…
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
New appointments at Yaqeen Capital + Sadirat
Moath Qasem Al-Khasawneh resigned from his role as CEO of Yaqeen Capital.