Business & Economy
Pakistan’s Haball secures $52mn pre-Series A funding round, eyes Saudi Arabia expansion
Haball, Pakistan’s leading supply chain financing and payments fintech, said it raised $52 million pre-Series A funding round,…
Category: Saudi Arabia
Saudi business, policy, capital and Vision 2030 coverage.
UAE News
Saudi Arabia announces successful trials of drone medicine delivery for Hajj pilgrims
Saudi Arabia has completed the pilot launch of drone-based medicine delivery between primary healthcare centres and hospitals in…
Business & Economy
Telr expands Saudi presence through strategic partnership with Saudi Awwal Bank
Telr, a Dubai-based payment gateway aggregator and provider, announced a partnership with Saudi Awwal Bank (SAB) to elevate…
Business & Economy
Saudi asset management industry passed SR1tn for first time
The Saudi Arabian asset management industry grew by more than 20 per cent in 2024, exceeding SR1tn ($267bn)…
Business & Economy
ACWA Power secures $200mn loan for its new HQ in Riyadh
ACWA Power has secured a seven-year SAR750 million (US$200 million) Shariah-compliant loan facility from Alinma Bank to build…
UAE News
Irish food and drink exports to Middle East and Africa hit $624m in 2024
Ireland’s food and drink exports to the Middle East and North Africa (MENA) region reached €546.9 million ($624m)…
Government & Policy
Saudi insurance sector records $960m profit in 2024
The Insurance Authority has issued the Saudi Insurance Market Report, which highlights the Insurance sector’s developments and financial…
UAE News
OPEC+ countries announce oil production increase
OPEC+ countries have announced a significant increase to oil production levels in July. The eight OPEC+ countries, which…
Business & Economy
Saudi wealth fund PIF opens Paris office to boost European investments
The new office reflects PIF’s approach to engaging closely with local partners, leading businesses and institutional investors, the…
Business & Economy
Saudi assets under management reach $267bn
According to the CMA, the number of investment funds rose to 1,549, while the number of subscribers in…