Industries Agriculture More PIF backs Mizuho’s launch of the largest Saudi equity ETF on TSE December 15, 2024 Italy’s Fisia Italimpianti breaks ground on Aramco’s Zuluf water treatment plant March 26, 2024 Stadler is supplying the Kingdom with next-generation passenger trains February 6, 2024 IHG, Firdous Abha Hotel to open a new hotel in Abha January 16, 2024 AUTOMOTIVE More Foreign Ministry issues strong condemnation of Israeli attacks against Syria December 11, 2024 Al Watania Poultry looking to sell? December 3, 2024 Of plastic and politics December 3, 2024 A scaled back military agreement with the US? December 1, 2024 BANKING More A fresh SAR 1.7 bn package to support sports development December 3, 2024 Al Jadaan outlines next year’s fiscal policy November 28, 2024 Lean Tech secures USD 67.5 mn in series B funding November 12, 2024 Local startup TGE lands USD 500k investment October 29, 2024 Basic materials More Heathrow Airport plans GBP 2.3 bn facilities investment following PIF stake acquisition December 19, 2024 Alsulaiman’s Flow + Bahrain’s Arcapita to develop logistics complex in Riyadh December 17, 2024 Ataa Educational reports 1Q 2024-25 results December 11, 2024 Modern Mills to set up SAR 150 mn animal feed factory December 11, 2024 CAPITAL MARKETS More Saudi Arabia supports Yemen with a USD 500 mn aid package December 29, 2024 SVC backs Jadwa Investment’s SAR 2 bn PE fund December 29, 2024 Saudi re-opens embassy in Afghanistan December 24, 2024 Diriyah launches luxury hotel Bab Samhan December 22, 2024 Climate More KHC invests SAR 1.5 bn in Elon Musk’s xAI in series C round December 26, 2024 SRC acquires SAR 1 bn mortgage portfolio from Bidaya December 23, 2024 Saudi-born suspect in Magdeburg incident charged with murder December 23, 2024 Acwa Power breaks ground on five Uzbek ventures December 19, 2024 COMMODITIES More Six new hotel brands coming to KEC courtesy of Hilton + Marriott December 5, 2024 Ades lands 10-year renewal contracts from Aramco for two onshore rigs October 14, 2024 Pilgrim financing fintech UmrahCash lands USD 500k investment September 17, 2024 A round of applause for Etaam + Hungerstation + Yanbu Industrial City August 22, 2024 CONSTRUCTION More Mohammed bin Salman to skip G20 summit? November 17, 2024 PIF-backed Lucid’s losses widen in 3Q November 10, 2024 Bank Albilad’s CSOP MSCI Hong Kong China ETF starts trading on Tadawul today October 30, 2024 PIF throwing EV maker Lucid another lifeline ahead of 3Q results October 20, 2024 Development finance More Balance of payments data set to be released today December 25, 2024 Cityscape Global closes out with SAR 230 bn in real estate agreements November 17, 2024 FinMin closes SAR 2.6 bn in September sukuk issuance September 19, 2024 Riyadh might be getting a new SAR 2 bn multi-use tower August 14, 2024 E-commerce More Riyadh Metro rolls out lines 2 & 5 today, eyes line 3 launch next month December 15, 2024 Marriott taps new boss for Neom’s Sindalah Island hotels July 31, 2024 Taiba unit will operate a Hilton hotel in Riyadh’s upcoming stc Square July 31, 2024 Retal Urban Development unit lands SAR 2.9 bn contract with PIF-owned Roshn. Plus: M&A, debt and logistics May 21, 2024 EDUCATION More SWPC selects local consortium to develop the Ras Mohaisen independent water plant October 27, 2024 Al Bilad Bank reports 3Q 2024 earnings October 24, 2024 Amplify Growth offers a USD 100 mn fund to tech-based companies September 26, 2024 Two new Ikea locations coming to Jazan + Abha September 19, 2024 ENERGY More Net FDI inflows drop again in 3Q 2024 December 31, 2024 CMA signs off on Umm Al Qura Development IPO + a handful of Nomu debuts December 26, 2024 Riyadh’s King Khalid Int’l Airport leads GACA rankings in November December 25, 2024 Matarat issues RFP for the New Abha Int’l Airport December 24, 2024 Finance More FINTECH More Ades secures a SAR 1 bn contract in Thailand December 30, 2024 Bahri + Salic JV inaugurates a grain terminal in Yanbu December 24, 2024 Fresh investments worth SAR 1.4 bn in Jazan December 22, 2024 Subscription opens tomorrow for Almoosa Health IPO December 22, 2024 Food More New hires at Snap and Sumitomo Mitsui Banking in Saudi July 16, 2024 Saudi expresses regret UNSC failure to grant full membership to Palestine April 21, 2024 HEALTHCARE More INFRASTRUCTURE More Businesses are bracing for Trump tariffs with frontloading and price hikes December 30, 2024 Chinese sovereign bond yields drop to their lowest since 2009 December 23, 2024 BoJ and BoE keep rates unchanged as central banks strike cautious tone on inflation December 22, 2024 China headed for further stimulus in 2025 December 10, 2024 Hospitality + tourism More SAR to reroute freight trains away from urban areas in Al Ahsa December 31, 2024 A snapshot of the domestic logistics sector in 2023 December 29, 2024 THIS MORNING: Export-oriented manufacturers can have customs duties waived on input materials December 18, 2024 Ardco + Agility Logistics partner on new SAR 227 mn Riyadh logistics complex December 10, 2024 Law More Ades secures ten-year extension of rig contract for SAR 1.3 bn July 14, 2024 Defense Ministry is getting four more Airbus A330 MRTT July 11, 2024 Aramco land long term-LNG supply agreement with NextDecade June 23, 2024 Fresh Aramco shares start trading today June 9, 2024 MANUFACTURING More Al Khorayef pitches Italy on mining, sustainability, and renewables October 16, 2024 The new commercial registry + trade names laws will go into effect in early 2Q 2025 October 6, 2024 S&P upgrades Saudi’s sovereign credit rating outlook to positive September 15, 2024 New appointments at Yaqeen Capital + Sadirat August 25, 2024 Media More PIF’s Jada writes USD 52 mn ticket to US-based private credit fund March 12, 2024 Four of the Kingdom’s seven largest banks saw NPLs dip last year February 19, 2024 Sulaiman Al Habib, NADEC, Gulf Ins, Academy of Learning report results for FY2023 February 19, 2024 MIS makes play with OpenAI rival January 22, 2024 Microfinance More Mining More SIDF calls on guarantors for SAR 672 mn Resreco loan November 18, 2024 Opec+ will phase out voluntary production cuts starting this fall June 3, 2024 Chinese contractor CMEC to build 20k residential units in projects in Saudi. Plus: technology, tourism and manufacturing May 13, 2024 NBFS More Saudi businesses reel in SAR 5.3 tn in 2023 operating revenue December 30, 2024 Ma’aden now owns 85% of the Wa’ad Al Shamal JV with Sabic December 26, 2024 A dive into the IR scene in the Kingdom December 12, 2024 Saudi entrepreneurs are all about digitization December 12, 2024 Outsourcing More Saleh Alrajhi & Foxconn Int’l Tech to launch USD 100 mn JV for EV charger manufacturing November 20, 2024 Aramco deepens ties with China’s Rongsheng + Hengli refiners September 12, 2024 Smasco shares rise 20% on Tadawul debut June 13, 2024 Smasco shares hit the Tadawul today June 12, 2024 Private equity More Day two of the Global Health Exhibition October 23, 2024 Saudi tourism sees strong 1Q despite rising tensions in the region, says minister April 21, 2024 Mawani adds new shipping service to boost connectivity with East Asian ports. Plus: healthcare, procurement, real estate March 26, 2024 Nomu-listed delivery app Jahez wants to move to Tadawul’s main market March 21, 2024 REAL ESTATE More World’s first graphene-enriched carbon fiber venture launched in Saudi December 18, 2024 Al Khorayef talks investment projects with Egypt’s PM December 17, 2024 New real estate funds + SAR bns of agreements signed at Cityscape November 14, 2024 No Liv-PGA merger just yet November 7, 2024 SMEs More Finmin closes SAR 3.4 bn in November sukuk issuance November 21, 2024 Saudi nationals don’t need appointments for French visa applications May 8, 2024 Schools are remote this morning as rain continues May 1, 2024 Qomel sets offering price at SAR 80 a piece for its IPO April 21, 2024 Sports More PIF reportedly close to an agreement to snap up 6% of PGA Tour Enterprises December 12, 2024 Riyadh Metro’s Blue Line begins operations today December 1, 2024 Saudi leads MENA + Arab countries on Quality Infrastructure Index November 27, 2024 Non-oil private sector activity grows again October 6, 2024 Tech More Want to import a car yourself? Zatca’s got a system for you. December 16, 2024 Non-oil economy posts record growth in November December 4, 2024 Where the World Bank sees inflation, gov’t spending, and more December 3, 2024 World Bank revises down Saudi growth forecast December 2, 2024 TELECOMS More COP16 drought talks end without agreement December 15, 2024 Zahid group eyes total buyout of South Africa’s Barloworld December 12, 2024 Hassan Allam Utilities to invest in and develop KAEC off-port terminal December 12, 2024 Saudi defends its role in climate negotiations December 8, 2024 Trade + Logistics More Non-oil exports were up 5.1% y-o-y in October, while imports fell December 26, 2024 Sama cuts interest rates in line with the Fed + United Carton Industries gets IPO green light December 19, 2024 More volatility in 2025 December 17, 2024 Fitch affirms Aramco’s A+ credit rating on solid financials and government fallback December 11, 2024 TRANSPORT More Nice One’s two-day retail subscription window opens today December 24, 2024 KEC launches SAR 1 bn fund + inks agreement for two projects December 24, 2024 Saudi Tadawul Group’s Wamid is now the sole owner of regional trading platform DirectFN December 16, 2024 Saudi’s ins. sector set for 10%-15% revenue growth in 2025 – S&P Global December 12, 2024
Heathrow Airport plans GBP 2.3 bn facilities investment following PIF stake acquisition December 19, 2024
Retal Urban Development unit lands SAR 2.9 bn contract with PIF-owned Roshn. Plus: M&A, debt and logistics May 21, 2024
BoJ and BoE keep rates unchanged as central banks strike cautious tone on inflation December 22, 2024
THIS MORNING: Export-oriented manufacturers can have customs duties waived on input materials December 18, 2024
Chinese contractor CMEC to build 20k residential units in projects in Saudi. Plus: technology, tourism and manufacturing May 13, 2024
Saleh Alrajhi & Foxconn Int’l Tech to launch USD 100 mn JV for EV charger manufacturing November 20, 2024
Mawani adds new shipping service to boost connectivity with East Asian ports. Plus: healthcare, procurement, real estate March 26, 2024
Sama cuts interest rates in line with the Fed + United Carton Industries gets IPO green light December 19, 2024
Fitch affirms Aramco’s A+ credit rating on solid financials and government fallback December 11, 2024
Saudi Tadawul Group’s Wamid is now the sole owner of regional trading platform DirectFN December 16, 2024
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