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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 Backs New Agricultural Partnership for Food Security

Saudi Arabia is working with Pakistan and Sudan to launch an agricultural partnership focused on regional food security. This plan combines Saudi investment, Sudan’s...

Saudi Youth Businesses Surge Past 474,000 with Tech Innovation

Saudi youth businesses have reached an impressive milestone, with over 474,000 enterprises now led by young entrepreneurs across the Kingdom. This surge highlights the...

Saudi Arabia’s She’s Next Program Empowers Women Entrepreneurs

Visa has launched a new edition of the Saudi Arabia She’s Next program to empower women entrepreneurs in the kingdom. This initiative, in partnership...

Saudi E-commerce Logistics Strengthened by Maersk and Saudi Post Deal

The Saudi E-commerce deal between Maersk Saudi Arabia and Saudi Post aims to transform logistics services for online businesses. This strategic partnership supports global...

Saudi Bank Joins Sustainability Program to Mentor Key Companies

Saudi Awwal Bank has joined the Saudi sustainability program to promote sustainable practices across major industries in the Kingdom. This step highlights the bank’s...

Saudi Arabia’s Foreign Property Law Attracts Global Investors

Saudi Arabia introduced a new law allowing foreigners to own property in key cities to attract global investors. This decision supports Vision 2030 by...

Saudi Arabia Aims for 7% Share in Global AI Market

Saudi Arabia, AI ambitions are driving its bold entry into the global artificial intelligence market. The kingdom plans to secure 7% of global AI...

Saudi Arabia’s Mining Sector Powers Economic Shift

The mining sector in Saudi Arabia now focuses on boosting its mining sector for stronger economic growth. The mining industry holds huge mineral reserves...

Saudi Wind Energy Deal Powers Yanbu Project and Expands Renewables

Saudi wind energy deal moves forward with a major milestone for renewable energy in the Kingdom. Saudi Power Procurement Company (SPPC) signed a significant...

UAE Welcomes INFINITI New Dawn in Luxury Car Shift

The UAE luxury car scene is entering a bold new phase with the launch of INFINITI New Dawn. This initiative introduces a fresh identity for...

Saudi Arabia Attracts More Investors as FDI Soars 44% in Q1 2025

Saudi Arabia’s FDI surge continues to reflect growing investor confidence and the government’s drive toward economic transformation. In the first quarter of 2025, foreign...

Saudi Arabia Record Growth Accelerates Economy

Saudi Arabia’s economic surge is redefining investment landscapes in the commercial real estate and tourism sectors, driven by increased global interest and strategic government...