Saudi Arabia

TMT

07 October, 2024

Saudi PIF eyeing stake in LaLiga, Bundesliga streamer DAZN

Saudi Arabia's Public Investment Fund is among potential bidders exploring the purchase of a minority stake worth around $1 billion ......

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TMT

04 October, 2024

MENA Digest: Saudi's Al Menu leads funding activity; Global Ventures onboards new LP

Saudi Arabian foodtech SaaS firm Al Menu led startup funding activities in the Middle East and North Africa region this ......

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TMT

27 September, 2024

MENA Digest: Coral leads subdued VC funding week; SHIFT snags $83 mn in PE investment

Venture capital investment activity in the Middle East and North Africa (MENA) region slowed down in the last week of ......

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General

20 September, 2024

MENA Digest: UAE's SaaS startup Seez leads funding activity this week

UAE-based automotive SaaS startup Seez led fundraising activity in the Middle East and North Africa (MENA) region this week, as ......

Manufacturing

17 September, 2024

Aramco to up stake in EIG's MidOcean to 49%, fund new stake in Peru LNG

Saudi Aramco will increase its stake in liquefied natural gas firm MidOcean Energy to 49% and fund its acquisition of ......

Economy

16 September, 2024

S&P revises Saudi Arabia's outlook to positive on advancing non-oil economy

S&P Global Ratings revised Saudi Arabia's forecast to positive from stable on Friday, citing strong non-oil growth outlook and economic resilience. The ratings ......

Manufacturing

16 September, 2024

Saudi mining company Ma'aden to buy Alcoa's stake in joint venture for $1.1 bn

U.S. aluminium maker Alcoa said on Sunday that it would sell a 25.1% stake in its Ma'aden joint venture to Saudi Arabian ......

TMT

13 September, 2024

MENA Digest: Fintechs lead fundraising this week; VC investment falls in August

Venture capital funding activity in the Middle East and North Africa (MENA) region was led by fintech startups this week. ......

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Finance

06 September, 2024

MENA Digest: Deal activity picks up with two big Series A funding

Fintech startups in the Middle East and North Africa region accelerated the dealmaking activity this week led by UAE’s Ziina ......

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Finance

03 September, 2024

Riyadh Valley Company backs venture capital firm in second LP bet this year

Riyadh Valley Company (RVC) has made its second limited partner-style investment this year as it backed a Saudi Arabian venture ......