{"id":98004,"date":"2025-06-19T00:00:00","date_gmt":"2025-06-19T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2025\/06\/19\/diriyah-sothebys-launch-experience-center-in-london\/"},"modified":"2025-06-19T00:00:00","modified_gmt":"2025-06-19T00:00:00","slug":"diriyah-sothebys-launch-experience-center-in-london","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2025\/06\/19\/diriyah-sothebys-launch-experience-center-in-london\/","title":{"rendered":"Diriyah, Sotheby\u2019s launch experience center in London"},"content":{"rendered":"

\n

INVESTMENT WATCH-<\/p>\n

<\/strong>Diriyah + So<\/strong>theby\u2019s to promote Saudi real estate: <\/strong>Diriyah Company partnered with Sotheby\u2019s International Realty to launch the Diriyah House Experience Center in London, the company said on LinkedIn<\/a>. The center will showcase its flagship development in Riyadh, in a bid to attract international investors.<\/p>\n

The details:<\/strong> The Diriyah House Experience Center will open to the public next month at One Hyde Park, with Sotheby\u2019s International Realty managing the space and supporting marketing efforts, Aleqtisadiah<\/a> reports.<\/p>\n

\n

INVESTMENT WATCH<\/strong>-<\/p>\n

IT solutions <\/strong>provider <\/strong>Al Moammar Information Systems<\/a><\/strong> (MIS) sold 100% of its<\/strong> stake in San Francisco-based AI startup <\/strong>Anthropic<\/a><\/strong> for USD <\/strong>9.3 mn<\/strong>, gaining some USD 4.3 mn from its investment, it said in a disclosure to Tadawul<\/a> on Tuesday.<\/p>\n

(** Tap or click the headline above to read this story with all of the links<\/strong> to our background and outside sources.)<\/p>\n

REMEMBER-<\/strong> In January 2024<\/a>, MIS acquired an undisclosed stake in Anthropic through a USD 5 mn equity investment, as part of MIS\u2019 SAR 40 mn investment portfolio for capitalizing on growth windows in global AI companies.<\/p>\n

\n

M&A WATCH-<\/p>\n

#1- <\/strong>K-12<\/strong> AI a<\/strong>nd coding education platform <\/strong>iSchool<\/a><\/strong> snapped up Saudi-Egyptian<\/strong> Algoriza<\/a><\/strong>\u2019s EdTech arm Seeds<\/strong>, it said in a statement<\/a> on Tuesday. The value of the transaction was not disclosed.<\/p>\n

REMEMBER-<\/strong> In late 2023<\/a>, iSchool announced its plans to expand across the GCC \u2014 namely in Saudi Arabia, the UAE, Oman, Qatar, Kuwait, and Bahrain \u2014 with sub-Saharan Africa in the cards for 2025.<\/p>\n

\n

\n

#2- <\/strong>Local fam<\/strong>ily-owned conglomerate <\/strong>Al Sulaiman Group<\/a><\/strong> acquired <\/strong>Taajeer Finance<\/a><\/strong> <\/strong> Company<\/strong>, according to a statement<\/a>. No details were disclosed about the investment ticket.<\/p>\n

About Taajeer Finance: <\/strong>Founded in 1997 as an independent auto finance company and a former Taajer Holding Group subsidiary, it transitioned into a comprehensive financial solutions provider.<\/p>\n

\n

FOOD-<\/p>\n

Baan Holdin<\/a><\/strong>g Group<\/a><\/strong> signed a <\/strong>SAR 436 mn, six-year contract to <\/strong>provide catering, food, <\/strong>and nutrition services to workers residing at <\/strong>Neom\u2019s Modern Village Complex<\/strong>, it said in a disclosure to Tadawul<\/a>. Services are expected to launch in 2Q 2025.<\/p>\n

\n

FINANCIAL SERVICES-<\/p>\n

Madfu secur<\/strong>es BNPL license:<\/strong> Riyadh-based fintech Madfu<\/a> obtained a license from the Saudi Central Bank to offer deferred payment services (known as buy-now-pay-later or BNPL), state news agency SPA<\/a> reports. The new operator raises the total number of licensed BNPL finance companies operating in the Kingdom to 67.<\/p>\n","protected":false},"excerpt":{"rendered":"

AND- Fintech Mafdu gets its BNPL license from SAMA<\/p>\n","protected":false},"author":1,"featured_media":98005,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2564],"tags":[2439,281,54,4340,2497,10,14,4341,1493],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-98004","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-ai","tag-al-moammar-information-systems","tag-also-on-our-radar","tag-divestment-watch","tag-education","tag-enterpriseam-ksa","tag-ma-watch","tag-madfu","tag-saudi-central-bank-sama","wpautop","entry"],"acf":{"mongo_id":"c4a77621-1667-46f1-9dc4-7ea8a267eb73","order":"12","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/6\/1101.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Diriyah, Sotheby\u2019s launch experience center in London","related_issue":[97982],"teaser":"AND- Fintech Mafdu gets its BNPL license from SAMA","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/6\/.2be12cf3-fad7-425f-ab07-f65a494aa6df.mp3"},"yoast_head":"\nDiriyah, Sotheby\u2019s launch experience center in London - 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