The discussions will cover key themes relevant to any business aiming to operate or expand within Saudi Arabia
LEAP 2025 promises even more with 1,800 global tech brands, 680 startups, and 1,000 expert speakers showcasing next-gen solutions in sectors such as space, gaming, education, and smart cities
Trump has said he will end the war in Ukraine as soon as possible and said he is ready to meet with Putin
The Saudi Exchange granted conditional approval on December 8, 2024, for the listing of Umm Al Qura’s shares on Tadawul’s Main Market
The first of Red Sea Residences’ developments is located on Shura Island at The Red Sea destination, with properties set to be ready for handover by the end of 2025
The firm has appointed SNB Capital as the lead manager, financial adviser, bookrunner and underwriter for the IPO
With Vision 2030 driving infrastructure growth, Saudi Arabia is poised to become a global logistics hub, and Folk Maritime will play a pivotal role in this transformation, says Poul Hestbaek
The offering was four times oversubscribed with strong demand from a range of global investors
The contract has a duration of 18 months for preparation and execution, followed by 15 years of project operations
Foreign investment would be limited to shares, convertible debt instruments, or both and would exclude “strategic foreign investors”
The collaboration aims to accelerate EV adoption in Saudi Arabia by integrating EVIQ’s expertise in fast-charging infrastructure with BYD’s expanding customer base
The brokerage is offering 49.94 million shares, representing 20 per cent of the company’s total issued share capital
On January 23, the Saudi State news agency said the kingdom wants to put $600 billion into expanded investment and trade with the US over the next four years
The fund said that the deal will strengthen the local ICT sector, contributing to its goal of creating high-skilled jobs and driving economic growth through digital transformation
The kingdom is eager to seize partnership and investment opportunities created by the new administration’s anticipated reforms
Aramco’s chief executive Amin Nasser said that oil demand in 2025 will approach 106 million barrels per day (bpd) after averaging about 104.6 million bpd last year
The fund said it expected energy commodity prices to decline by 2.6 per cent in 2025, more than assumed in October
The venture will focus on energy transition minerals, with commercial lithium production scheduled to commence by 2027
The low-cost carrier is likely to announce the order for the upgraded A330-900 variant in the coming weeks after comparing it with Boeing’s smaller 787-9
The investment is expected to boost the growth of the local reinsurance sector and improve coverage for commercial activities for insurance firms and companies in general
The healthcare company began trading publicly on Tuesday and rose 15 per cent on debut as it hovered around the SAR139.60 mark
The kingdom sold $5bn, $3bn and $4bn in tenors of three, six and 10 years, respectively, and the total order book reached around $37bn
The Shariah-compliant financing structure forms part of PIF’s continued objective of diversifying its funding sources
ECG2.0-Fund2 anticipates exiting its industrial services platform through an initial public offering (IPO) targeted within two years
Mubadala and its subsidiaries deployed $29.2bn in 2024, up from $17.5bn invested in 2023, according to a report from Global SWF
SEVEN’s investment in Jazan is part of a larger, SAR50bn initiative to develop 21 entertainment destinations in 14 cities across Saudi Arabia
Parkin’s move into the Saudi market further solidifies its position as a regional leader in parking solutions, with the company’s expertise in Dubai paving the way for broader GCC expansion
Money20/20 Middle East aims to become the largest fintech event in the region, featuring a diverse lineup of keynote speakers, panel discussions and networking opportunities
Ardian and PIF will acquire 22.6 per cent and 15 per cent, respectively, of FGP Topco for a total of $4.12bn
Riyadh Metro’s red and green lines will open on December 15, bringing it one step closer to its full rollout
ADNH Catering and Al-Rushaid Petroleum Investment Company will each hold a 50 per cent stake in the joint venture once the deal is finalised