Saudi Arabia
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 ......
Finance
Saudi's SMASCO sets issue price for $240 mn IPO
Saudi Arabian staffing company SMASCO announced its final IPO price at 7.50 riyals per share via the Saudi Exchange on ......
TMT
Desert Venture acquires Saudi-based entertainment firm
The company behind Saudi Arabia's vast Qiddiya sports and entertainment complex near Riyadh will take over entertainment business SEVEN, in ......
Economy
China-Gulf free trade talks stall on Saudi industrial agenda
Negotiations between China and an Arab bloc for a free trade agreement have stalled over concerns by Saudi Arabia that ......
Finance
Saudi Arabia's SMASCO aims to raise $240 mn via IPO
Saudi Arabian staffing company SMASCO aims to raise as much as 900 million riyals ($239.99 million) in its initial public ......
Infrastructure
Shell in talks to sell its Malaysia fuel stations to Aramco
Energy giant Shell is in talks with Saudi Arabia's state-owned Saudi Aramco to sell its gas station business in Malaysia, ......
TMT
MENA Digest: Abyan Capital, Bon Plus raise early-stage funds
Dealmaking activity in the Middle East and North Africa decelerated compared to the previous week but saw at least two ......
TMT
Why UAE's Nuwa Capital is reluctant to invest in these tech sectors
Nuwa Capital, a UAE-based venture capital firm, which is currently deploying its maiden $100-million fund in early-stage businesses, is keeping ......
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