Saudi developer Ajdan inks villa development agreement with ROSHN
Saudi Arabia-based Ajdan, the developer behind the Ajdan Waterfront in the Kingdom’s Eastern Province, has signed an agreement with the Public Investment Fund-backed giga-project developer ROSHN to sub-develop over 270 […]
Saudi’s Rua Al Madinah Holding signs agreements for hotels, support offices in Madinah
Rua Al Madinah Holding, a wholly owned unit of Saudi’s Public Investment Fund (PIF), and developer of Rua Al Madinah project in Madinah, announced on Tuesday that it has signed […]
Saudi: SASCO to pay $7.97mln dividends for Q3-22
The board of Saudi Automotive Services Company (SASCO) decided to distribute cash dividends worth SAR 30 million, representing 5% of the capital, for the third quarter (Q3) of 2022. […]
Saudi: CMA nods to public offering of 2 Saudi funds
The Capital Market Authority (CMA) approved the public offerings of the GIB MENA ESG Equity Fund and Albilad Sukuk Fund by GIB Capital Company and Albilad Investment Company (Albilad Capital), […]
Saudi: Tibbiyah’s unit pens over $19.8mln deal with NUPCO
International Medical Supplies Company (Premma Health), a subsidiary of Arabian International Healthcare Holding Company (Tibbiyah), inked a SAR 74.67 million contract with National United Procurement Company (NUPCO). Under the 915-day […]
OPEC Fund approves over $500mln in new global development support
Setting a new record, the OPEC Fund for International Development (OFID) has approved more than US$500 million in new financing at the most recent meeting of its Governing Board and […]
EFG Hermes completes listing of Saudi’s RCGC’s $378mln IPO
EFG Hermes, a leading investment bank franchise, has concluded advisory on the SR1.4 billion ($378 million) IPO of Saudi power cables manufacturer Riyadh Cables Group Company (RCGC) on the Saudi […]