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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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Lebanon and Saudi Arabia Strengthen Trade Relations with New Economic Opportunities Ahead

Lebanon and Saudi Arabia are working to strengthen their economic connection. Trade Relations have become a key focus as Lebanon prepares a delegation to...

Riyadh Air Expands Regional Network With Daily Boeing 787 Flights Between Dubai and Riyadh

Saudi Arabia’s new airline, Riyadh Air, has opened bookings for its daily service between Dubai and Riyadh. The new route will begin operations on...

Saudi Arabia Expands Hotel Development in Madinah Through SAR 2.4 Billion Hospitality Project

Hotel development is gaining momentum in Saudi Arabia as Taiba Investments advances a major hospitality expansion in Madinah. The company announced a new partnership agreement with Osoul Integrated Real Estate...

Indonesia Seeks Stronger Film Cooperation With Saudi Arabia During Cannes Talks as Cultural Diplomacy Expands

Indonesia is seeking stronger film cooperation with Saudi Arabia as both countries explore new cultural and creative partnerships during discussions held at the Cannes...

SANY Trucks Enters Saudi Market Through Exclusive Alkhorayef Distribution Deal

SANY Trucks entered the Saudi market through a new exclusive distribution agreement. The move expanded commercial vehicle availability across the Kingdom. Through Alkhorayef Commercial...

KAEC Secures $146 Million Development Contract to Expand Industrial and Automotive Zones

KAEC development contract marks a major step in Saudi Arabia’s industrial expansion strategy. This agreement supports large-scale infrastructure upgrades within King Abdullah Economic City....

Saudi Firms Advance Major Power Plant Expansion in Mecca

The power plant investment marks a significant step in Saudi Arabia’s energy expansion plans. Major companies are strengthening electricity capacity to meet rising demand....

PIF Approves 2026–2030 Growth Strategy to Reshape Saudi Investment Vision

PIF growth strategy marks a new phase in Saudi Arabia’s long-term investment direction. The PIF growth strategy guides the Public Investment Fund into a...

NEOM Project Emerges as a Key Pillar of Saudi Arabia’s Vision 2030 Transformation Strategy

NEOM project stands as one of Saudi Arabia’s most ambitious developments under Vision 2030. It represents a major step toward transforming the country’s economic...

Saudi Fund Opens New Pacific Chapter With First-Ever $15 Million Palau Loan

Saudi Arabia has expanded its global development reach after signing its first-ever financing deal with Palau, marking a fresh step into the Pacific. The Saudi...

Bangladesh and Saudi Arabia Expand Manpower Cooperation and Skilled Worker Recruitment

Manpower cooperation between Bangladesh and Saudi Arabia is expanding as both countries explore new opportunities for labor collaboration. Officials discussed increasing worker recruitment and...

Saudi FDI Jumps 90% as Foreign Investment Gains Speed

Saudi Arabia closed 2025 with a major investment boost after foreign direct investment surged sharply in the final quarter. The latest figures point to...