Saudi Arabia
TMT
MENA Digest: Dubizzle inks M&A; Saudi startups Sadq, TruBuild snag funding
The UAE-based online classifieds platform Dubizzle Group bought proptech platform Property Monitor in its second acquisition within three months, leading ......
TMT
MENA Digest: Bahrain's Sellou, Moroccan startup PayTic, others secure funding
Early-stage startups led the fundraising activity in the Middle East and North Africa (MENA) region this week, amid otherwise subdued ......
TMT
Peak XV, Valar-backed ShopUp to merge with Sary; PIF's Sanabil leads $110-mn funding
Bangladeshi B2B commerce platform ShopUp, which is backed by Indian venture capital firm Peak XV Partners and Peter Thiel’s Valar ......
Economy
How the oil price plunge complicates Saudi Arabia's economic agenda
Saudi Arabia, with its wealth linked inextricably to oil revenue, faces mounting pressure to raise debt or cut spending after ......
Manufacturing
Saudi Aramco looks to invest in BPCL, ONGC refineries
Saudi Aramco is in talks to invest in two planned refineries in India as the world's top oil exporter looks ......
Finance
Saudi pension fund's investment arm Hassana acquires stake in bottled water firm
Hassana Investment Company, the investment arm of Saudi Arabia’s pension fund, which manages assets worth $320 million, has acquired a ......
Finance
Multi-asset investor Artal Capital secures another Saudi LP for maiden PE fund
Artal Capital, a Riyadh-based multi-asset investment firm that manages assets worth $600 million across five different asset classes, has onboarded ......
Manufacturing
Saudi Aramco exploring initial bid for BP's Castrol unit
Saudi Aramco is in the early stages of considering a potential bid for BP's lubricant business Castrol, according to a person ......
General
Saudi Arabia-backed sports fund weighs investing in World Athletics, sources say
A Saudi Arabia-backed sports fund is considering investing in a new body that World Athletics may potentially set up to ......
Finance
Saudi wealth fund PIF to anchor new Gulf-focused funds from Goldman Sachs
Saudi Arabia's sovereign wealth fund will be the anchor investor in Goldman Sachs Asset Management's specific new funds focused on ......
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