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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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Ukraine-Saudi Defense Deal Signals Strategic Shift

Ukraine and Saudi Arabia have signed a defense cooperation deal, marking a major step in strengthening ties between the two nations. Ukrainian President Volodymyr...

SMBC Reassesses $1.5B Saudi Energy Loan Amid Rising Geopolitical Risks

Japan’s Sumitomo Mitsui Banking Corporation is reassessing support for a major Saudi energy loan amid rising geopolitical risks. The $1.5 billion facility now faces...

Gulf Economies Show Resilience as Conflict Tests Regional Stability

Regional conflict has raised concerns about trade routes and energy markets across the Gulf. Gulf economic resilience, however, continues to support long-term growth strategies...

Saudi Mining Growth Drives Amak Capital Increase

Saudi mining growth is accelerating across the kingdom because Almasane Alkobra Mining Company moves to strengthen its balance sheet. Furthermore, the miner, known as...

High-speed Rail Links Saudi Arabia and Qatar

Saudi Arabia has approved a landmark agreement to develop Saudi Qatar Rail between Riyadh and Doha. As a result, the decision highlights expanding regional...

Inside Saudi Arabia’s Booming Media and Digital Economy

Saudi Arabia’s media sector is undergoing a remarkable transformation. Local content demand, rapid digital adoption, and strategic investment opportunities are driving this change. A...

Riyadh’s World Defense Show Marks Peak of US-Saudi Partnership

The US-Saudi partnership has reached its strongest level yet, highlighted by active collaboration at the World Defense Show in Riyadh. Furthermore, the exhibition reflects...

Saudi Grand Mosque: One of History’s Largest Religious and Architectural Projects

Saudi Arabia has completed a monumental expansion of the Grand Mosque in Mecca, marking one of the largest religious and architectural projects in history....

flynas Launch Marks Middle East Aviation Milestone

Saudi Arabia and Syria have taken a major step in aviation cooperation with the launch of flynas Syria. The new airline will operate commercial...

Qatar and Saudi Arabia Deepen Media Partnership at Riyadh Forum

Gulf media cooperation gained strong momentum as senior officials from Qatar and Saudi Arabia met in Riyadh. Gulf media cooperation discussions highlighted growing alignment...

Saudi Arabia Neom May Transform The Line into AI and Data Hub

The Neom project in Saudi Arabia may undergo a major revision, as reports indicate that The Line, the planned 170-kilometre linear city, could transform...

Saudi Arabia Eyes Strong Ties with UAE After Yemen Row

Saudi-UAE relations are expected to improve following the UAE’s withdrawal from Yemen, Saudi Foreign Minister Faisal bin Farhan said. This development could reset ties...