Saudi Arabia
Finance
Edmond de Rothschild to open Saudi office, launch debt platform
Edmond de Rothschild Group, a specialist in asset management and private banking, is set to open an office in Saudi ......
Consumer
Saudi wealth fund PIF in talks to create boxing league
Saudi Arabia's Public Investment Fund (PIF) is in discussions with multiple boxing stakeholders to create a league, potentially reshaping the ......
TMT
MENA Digest: SiFi, Elevate raise funds; May VC funding up 5 times from April, down 58% YoY
Saudi Arabia-based fintech startup Simplified Financial Solutions Company (SiFi) led funding activity in the Middle East and North Africa (MENA) ......
Finance
Shorooq Partners eyes Saudi expansion with ‘oversubscribed' Bedaya Fund II
Shorooq Partners, an Abu Dhabi-based venture capital firm, is set to double down on its commitments in Saudi Arabia from its oversubscribed ......
TMT
MENA Digest: Agritech startups iyris, YoLa Fresh bag big cheques
The Middle East and North Africa (MENA) region saw a slew of growth-stage startup funding deals this week, led by ......
Economy
Saudi government files papers to sell fresh stake in Aramco for potential $13 bn
Saudi Arabia's government on Thursday filed papers to sell a new stake in state oil giant Aramco that could raise ......
Finance
Saudi PIF-backed Jada commits capital to healthcare-focused PE fund
Saudi Arabia’s Public Investment Fund (PIF)-backed Jada Fund-of-Funds has struck its third limited partner style bet this year, backing a ......
Manufacturing
Saudi Arabia plans $10-bn Aramco share sale
Saudi Arabia is planning a multi-billion-dollar share sale in energy giant Aramco as soon as June in what would be ......
TMT
MENA Digest: Egyptian startup OneOrder, Saudi SaaS firm Merit lead funding
Dealmaking in the Middle East and North Africa region during the week was propelled by high-value, growth-stage fundraises by tech-led ......
TMT
IBM inks deal with Saudi to train AI system in Arabic, to unveil new models
International Business Machines on Tuesday said that it will release a family of artificial intelligence models as open-source software, and ......