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Aramco backs lithium extraction pilot, Echelon raises funding for AI expansion, Cenomi Retail changes trading name
Aramco wants to turn oilfield brine into 2k tons of battery-grade lithium a year
SAR arranges Swiss-backed financing for 10 Stadler trains as it expands rail capacity
Plus: Mahart Al Injaz lands SAR 148.5 mn contract for SMC 3 Hospital in Riyadh
King Abdulaziz Int’l Airport Terminal Four is now operational
Plus: WSM is going public with its sukuk program
Saudi Exchange clears Albilad Capital as market maker for three ETFs
Plus: 2P renews, tops up shariah-compliant facility with BSF
Saudi SMEs see fresh wave of funding agreements
Saudi SMEs are getting SAR 5 bn in shariah-compliant financing from Monsha’at and STC Bank, and SAR 890 mn in…
Sarat rolls out USD 100 mn fund
Plus: Ades Holding completes acquisition of Saipem’s shallow-water drilling business
Barq hits unicorn status with USD 329.5 mn Series A
The fintech player plans to use the funds to support its expansion, including a planned launch in Pakistan
BRKZ raises USD 31 mn Series B as revenue set to triple
Plus: Al Majdiah, Capital Hill sign on for SAR 2.8 bn Knowledge Economic City mixed-use project
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