Tag: Saudi Arabia Business News
Done Deal; Saudi PIF led consortium buys EPL Club Newcastle United...
Saudi Arabia’s sovereign wealth fund, Public Investment Fund (PIF) led consortium has completed the long-awaited takeover of the UK-based professional football club, Newcastle United...
Saudi food tech startup Siwar secures $7.5mn in Series A funding
Saudi Arabian food technology startup Siwar has raised $7.5 million in its latest funding round in order to improve customer analytics and its distribution...
Saudi’s STC, Ericsson sign renewable energy deal for network infrastructure
Saudi Telecom Company (STC), Saudi Arabia's leading telecom service provider, has entered into a partnership deal with Ericsson, Swedish multinational networking and telecom company,...
FedEx Express to invest more than $400mn in Saudi Arabia over...
The US-based cargo airline company FedEx Express, a subsidiary of FedEx Corp, has announced that it will invest over $400 million into the Saudi...
UK-based Knight Frank forms Saudi-focused retail consultancy team
Knight Frank, UK-based international property consultancy, has revealed its plans to expand its impressive real estate consultancy expertise in the Kingdom of Saudi Arabia...
Saudi Arabia, Egypt ink $1.8bn deal for electricity interconnection project
Saudi Arabia and Egypt have signed agreements for the Saudi-Egyptian electricity interconnection project worth $1.8 billion.
The project, which is set to begin in 2022,...
Saudi Arabia’s AJFC enlists SRB to ensure & enhance Shariah compliance
Saudi closed joint-stock company licensed by Saudi Arabian Monetary Agency (SAMA), Aljabr Financing Corporation (AJFC) has appointed Shariyah Review Bureau (SRB) to ensure and...
Saudi Aramco to ramp up its oil production & trade by...
Saudi Aramco, the world's largest oil-exporting company, is planning to raise its daily oil production capacity from 12 million to 13 million barrels per...
