Tag: Saudi

Saudi CMA seeks feedback on foreign investment and market access reforms

RIYADH: Saudi Arabia’s Capital Market Authority is seeking to attract more foreign investments and improve market accessibility by inviting feedback on proposed amendments to...

Saudi local content projects valued at $213bn by Q3 2024, says Alkhorayef

JEDDAH: The value of projects under Saudi Arabia’s local content initiatives has reached approximately SR800 billion ($213 billion) by the third quarter of 2024,...

Saudi hotel industry sees 11.4% spending surge, amid overall weekly POS decline: SAMA

RIYADH: Spending in Saudi hotels saw a week-on-week increase of 11.4 percent between Nov. 10 and 16, reaching SR399.7 million ($106.4 million), according to the...

Saudi economic growth to accelerate to 4.7% in 2025: Moody’s

RIYADH: Saudi Arabia’s economy is set to grow by 1.7 percent this year, before accelerating to 4.7 percent in 2025 and 2026, driven by...

Saudi PIF raises over $1bn with 2% stc stake sale 

Following the sale, PIF retains a 62 percent ownership in stc, equivalent to 3.1 billion shares The sale aligns with PIF’s broader strategy to recycle...

Saudi PIF to offer 2% of Saudi Telecom Co. shares to investors

Goldman Sachs Saudi Arabia and SNB Capital are acting as joint global coordinators and bookrunners for PIF Remaining shares held by PIF represent 62% of...

Saudi National Housing Co. signs 21 new deals on Cityscape’s 2nd day

Agreements also included partnerships with leading global companies in the manufacture of electrical appliances REDF signed four MoUs at the event to strengthen partnerships in...

Saudi NHC closes $532m in sales, reveals new projects at Cityscape Global

NHC announced three major new developments that reflect its commitment to sustainable urban growth Ministry of Interior and Ministry of Municipal and Rural Affairs and...

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50 Billion In Economic Power: Arab Women Are Rewriting the Startup Rules in the Gulf

Across the Gulf, a powerful wave of women entrepreneurs...

How Finhaat Is Bringing Insurance And Wealth Creation To India’s Rural & Semi-Urban Markets

SUMMARY Despite being one of the most promising markets, India’s...

UAE shares end higher as outcome of US-China trade talks awaited

LONDON: Stock markets in the UAE ended higher on Monday,...

Porter’s 10-Year Grind: From Intracity To An INR 2.8K Cr Pan-India Logistics Business

SUMMARY Porter was among the first movers in the hyperlocal...

How Snitch Stitched An INR 500 Cr Revenue Run In 5 Years

SUMMARY Founded in 2019, Snitch is a men-focussed fast-fashion brand...