Tag: KSA

China to issue $2bn bonds in Saudi Arabia amid deepening bilateral ties

RIYADH: China has announced plans to issue dollar-denominated bonds in Saudi Arabia starting the week of Nov. 11, marking its first debt issuance in...

Saudi Arabia’s eXtra unveils price range for IPO

United International Holding Co (UIHC), the subsidiary of Saudi-listed United Electronics Company (eXtra), will raise between 900 million Saudi riyals ($264 million), and SAR...

Saudi Arabia announces $13.3bn of investment deals at Global Health Exhibition

Key agreements include SR4bn pharmaceuticals-manufacturing deal, SR5bn expansion by Fakeeh Care Group, and SR3bn Almoosa Health Group plan for new medical facilities Goal is for...

Closing Bell: Saudi main index closes in red at 11,907

MSCI Tadawul Index decreased by 16.87 points, or 1.12%, to close at 1,490.22 Parallel market Nomu surged, gaining 227.15 points, or 0.87%, to close at...

Serbia secures $205m loan from Saudi Fund for Development

JEDDAH: Serbia has signed a $205 million loan agreement with the Saudi Fund for Development to enhance its agriculture, education, and energy sectors. Three deals...

Saudi hotel spending rises 2.4% amid broader POS decline: SAMA

Spending on education saw the largest decline, plummeting 36% to reach SR125.9 million Jewelry sector recorded the smallest decline at 0.8%, reaching SR261.4 million RIYADH: Saudi...

20 Canadian Companies Look to Invest in Saudi Digital Transformation

More than 20 Canadian companies have expressed interest in investing in Saudi Arabia's digital transformation, seeking to leverage opportunities in the Saudi telecommunications and...

Federation of Saudi Chambers Opens First Office in Toronto

The Federation of Saudi Chambers, represented by the Saudi-Canadian Business Council, announced the opening of its first office in Toronto, Canada. This announcement came...

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Info Edge commits Rs 250 crore to new B8 Fund I to back growth-stage tech startups in India

Info Edge has approved a commitment of up to...

Scoop confirmed: AI platform MeltPlan raises $10 million to make construction boring

MeltPlan, a pre-construction AI platform, today said it has...

Indian agentic AI startup Gushwork raises $9 million to expand engineering teams

Gushwork, an agentic AI startup raised a $9 million...

Nvidia forecasts upbeat sales on AI chip demand, talks up long-term prospects 

SAN FRANCISCO: Chipmaker Nvidia forecast first-quarter revenue above market estimates...

IIT Madras alumnus-founded deeptech startup Tattvam AI raises $1.7 million in funding

Tattvam AI, a deeptech startup building AI systems to...