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Saudi Private Equity Firm Alt Capital to Buy Significant Minority Stake in Fuel Retailer Mazaya

Riyadh-based private equity firm Alt Capital has signed a share purchase agreement to acquire a significant minority stake in Mazaya, a Saudi operator of gas stations and transportation services.

Saudi Arabia Urges GCC Shared Digital Network and Pooled Computing Power

Saudi Arabia called on Gulf Cooperation Council states to build sustainable digital connectivity and integrate computing capacity while protecting data sovereignty, Communications Minister Abdullah Al-Swaha said.

Saudi Private Equity Firm Alt Capital to Buy Significant Minority Stake in Fuel Retailer Mazaya

Riyadh-based private equity firm Alt Capital has signed a share purchase agreement to acquire a significant minority stake in Mazaya, a Saudi operator of gas stations and transportation services.

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Saudi Private Equity Firm Alt Capital to Buy Significant Minority Stake in Fuel Retailer Mazaya

Riyadh-based private equity firm Alt Capital has signed a share purchase agreement to acquire a significant minority stake in Mazaya, a Saudi operator of gas stations and transportation services.

Saudi Arabia Drops In-Person FII Investment Conference After Houthi Attacks, Reports Say

Saudi Arabia has decided not to hold its Future Investment Initiative conference in person next week, The Wall Street Journal and the Financial Times reported on Monday.

Saudi Arabia Urges GCC Shared Digital Network and Pooled Computing Power

Saudi Arabia called on Gulf Cooperation Council states to build sustainable digital connectivity and integrate computing capacity while protecting data sovereignty, Communications Minister Abdullah Al-Swaha said.

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Saudi Arabia Reshapes NEOM Strategy with Workforce Cuts and Capital Relocation

Saudi Arabia’s flagship NEOM project is undergoing major changes. A strategic review has triggered staff relocations and expected layoffs. The move reflects a shift...

Saudi Arabia Bets on Robotaxis to Drive Smart Mobility and Tech Investment

Saudi Arabia has launched its first autonomous taxi service in Riyadh, marking a major step in smart transportation. The new initiative supports Vision 2030...

Saudi Arabia Maintains A+ Rating as Strong Fiscal Balance Supports Outlook

Saudi Arabia A+ rating continues to reflect the Kingdom’s strong fiscal balance and resilient investment strategy. Global analysts support this view. Moreover, Saudi Arabia’s top...

Saudi Arabia Raises $1.9 Billion through ACWA Power Rights Issue

Saudi Arabia has completed a major capital raise through ACWA Power’s successful rights issue worth $1.9 billion. The initiative targeted existing shareholders and attracted...

Saudi Arabia Builds AI Power With HUMAIN and Global Tech Giants

Saudi Arabia continues to lead in advanced technology with the launch of HUMAIN, a bold step in its AI journey. The Kingdom wants to...

Saudi Arabia Syria Investment Deals Boost Economic Recovery

Saudi Arabia has signed new agreements to support Syria’s reconstruction through large-scale Saudi Syria deals. These agreements represent a renewed commitment to rebuilding Syria’s...

Riyadh Office Boom: Global Firms Drive Rent Surge and Mega-Leasing Demand

The Saudi Arabia office market continues to grow fast as global companies demand more commercial space in Riyadh. Premium office rents have surged due...

Saudi Arabia to Seal $4 Billion Syria Investment Deals

Saudi Arabia and Syria's investment is entering a new phase. The kingdom plans to sign agreements worth $4 billion in Damascus. The Saudi-Syrian Investment...

Saudi Arabia Apple Online Store Launches with Arabic Support

Apple has officially introduced its digital retail platform in the Kingdom with the launch of the Apple Saudi store. This move marks a major...

$666M Deal: Al Futtaim Expands Footprint in Saudi Retail Sector

The Saudi retail investment landscape is changing as Al Futtaim secures a $666 million deal for nearly half of Cenomi Retail. The UAE conglomerate...

Saudi Arabia Budget Airline License Boosts Eastern Province Aviation

Saudi Arabia expands its aviation network with a new budget airline license for a carrier based in Dammam. The license allows the country to...

Saudi Arabia Startup Funding Surges as Wittify.ai Raises $1.5 Million

Saudi startup funding continues to rise as investors pour capital into emerging businesses across the Middle East and North Africa. Startups in the region...