capital

Economy

PIF takes 24% stake in Capital Bank Group with $185m subscription deal 

Follow-ups -eshrag News: Saudi-US trade rises in 2021 to $24.7bn as non-oil exports hit record high, report shows RIYADH: The…

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Economy

Saudi retailer Alhokair receives CMA approval to reduce capital to $304m

Follow-ups -eshrag News: Wed, 2022-06-01 17:20 RIYADH: Fawaz Abdulaziz Alhokair Co. received the Capital Market Authority’s approval to reduce its…

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Economy

Saudi mining firm Ma’aden approves $3.3bn capital hike plan, dividend freeze

Follow-ups -eshrag News: RIYADH: With Saudi Arabia’s Vision 2030 blueprint stirring up the entrepreneurial landscape, startups in the Kingdom are…

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Economy

Saudi IT firm MIS seeks 20% capital raise through bonus share issue

Follow-ups -eshrag News: MELBOURNE: Shell Plc said on Monday it had given the go-ahead to develop the Crux gas field…

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Economy

KAEC gears up to become the automotive capital of the region

Follow-ups -eshrag News: Sun, 2022-05-29 02:22 JEDDAH: The King Abdullah Economic City is all poised to become the automotive capital…

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Economy

Ataa Educational to increase capital to $112m for acquiring Naba'a

Follow-ups -eshrag News: Author:  Thu, 2022-05-26 09:14 RIYADH: Saudi Ataa Educational Co. has received approval from the Capital Market Authority…

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Economy

Insurance firm Saudi Re gets central bank’s approval to raise capital to $356m through rights issue 

Follow-ups -eshrag News: Author:  Thu, 2022-05-26 10:31 RIYADH: Saudi Reinsurance Co. has received the necessary approval from the Kingdom’s central…

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Economy

Venture capital as a concept is Shariah-compliant, hints Vision 3 chairman 

Follow-ups -eshrag News: Crypto Moves — Bitcoin, Ether up; ECB says crypto a risk to financial stability; Central African Republic…

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Economy

UAE’s Cypher Capital invests $5m in Ocean Protocol ecosystem projects

Follow-ups -eshrag News: Author:  Tue, 2022-05-24 20:20 RIYADH: UAE-based venture capital firm Cypher Capital has set up an ecosystem fund…

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Economy

Saudi venture capital firm 8020 Capital launches $10m accelerator fund 

Follow-ups -eshrag News: RIYADH: When it comes to hospitality, The Red Sea Development Co. is pulling out all stops as it is…

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