Saudi Edition 
MENA+ Edition 
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AI + Innovation (MENA) 
Logistics (MENA) 
GFH uptakes new SAR 200 mn logistics portfolio in Riyadh’s Industrial District
The acquisition marks the asset manager’s fourth logistics asset in the Kingdom
Jabal Omar inks 15-year deals with Accor, Rotana to manage 1.8k hotel keys in Makkah
ALSO- The UAE’s Ades Holding reactivates suspended Saudi rigs, secures new offshore work
Sisco-backed GDI to acquire 100% of Transcorp International for SAR 229.8 mn
Transcorp will merge its UAE and Qatar operations into GDI’s logistics arm, Elite Co.
Saudi’s project awards cool in 3Q, driving regional decline
Decelerating giga-project awards, sluggish oil prices, and rising cost inflation were behind the slowdown
UAE’s ADNH Catering expands in Saudi Arabia with Compass Arabia acquisition
ALSO- Investment fund deployment platform Blomal Capital secured an undisclosed amount in a pre-seed funding series led by Falak Angels
Dubai Islamic Bank joins syndicated loan for PIF-backed Olam Agri
The Islamic tranche came in at USD 250 mn with a three-year tenor
Enar + UAE’s Jubaili Bros team up to boost solar energy use in the Kingdom
ALSO- UAE’s Etihad Airways to launch direct flights to Al Madinah as of November
Sama launches a new e-commerce payments interface
PLUS- UAE-based Huspy will expand in the Kingdom after securing USD 59 mn in Series B funding
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