capital

Economy

Saudi Advanced Petrochemical plans $693m capital hike via bonus shares

Follow-ups -eshrag News: RIYADH: Oil prices on Monday pushed higher after slightly losing ground last week for the lack of…

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Economy

Saudi Industrial Investment to increase its capital to $2bn

Follow-ups -eshrag News: RIYADH: The US Department of Defense awarded three contracts worth $1 billion to Verizon Public Sector to provide technical…

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Economy

Al Rajhi Bank gets CMA nod for 60% capital raise to $11bn

Follow-ups -eshrag News: RIYADH: Saudi stocks closed the week down as Russia’s war in Ukraine sent markets on a rollercoaster. At…

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Economy

Red Sea project secured capital for 1st phase; moving into operations: CFO

Follow-ups -eshrag News: Sun, 2022-03-06 00:01 RIYADH: The Red Sea Development Co., the developer of one of the world’s largest sustainable…

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Economy

Saudi Arabian Amiantit Co. appoints new CEO, board recommends capital decrease by 69.06%

Follow-ups -eshrag News: Pakistan’s Fatima Group seals $1bn industrial deals with Saudi, Chinese companies RIYADH: Pakistani industrial corporation, Fatima Group,…

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Economy

SABB Takaful merger to boost Walaa Insurance’s capital to $227m

Follow-ups -eshrag News: Author:  Sun, 2022-02-27 10:04 RIYADH: Saudi Arabia’s SABB Takaful will be fully merged into Walaa Insurance following…

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Economy

Egypt launches $50m venture capital initiative to support tech startups

Follow-ups -eshrag News: RIYADH: The US Federal Reserve’s recent announcements to hike interest rates in March may have sent markets in…

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