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Economy

Lockheed Martin doubles the size of its VC fund to $400m

Follow-ups -eshrag News: Tue, 2022-08-02 17:33 RIYADH: American aerospace firm Lockheed Martin has doubled its venture capital fund from $200 million…

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Economy

Kuwaiti gifting platform Teeela raises $3.75m to fund expansion in Saudi Arabia, UAE 

Follow-ups -eshrag News: CAIRO: Saudi Arabia’s real estate prices increased 0.7 percent in the second quarter of 2022 compared to…

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Economy

TRSDC partners with Saudi Human Resource Fund to train 1,000 youth

Follow-ups -eshrag News: RIYADH: The Red Sea Development Co. has partnered with Saudi Human Resources Development Fund to provide vocational…

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Economy

UAE’s Enhance Ventures launches $30m Builders Fund targeting Middle East startups 

Follow-ups -eshrag News: Thu, 2022-07-28 17:12 RIYADH: UAE-based venture studio Enhance Ventures has launched a $30 million Builders Fund that…

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Economy

Saudi Tourism Development Fund launches digital portal for easy access to financing  

Follow-ups -eshrag News: RIYADH: Stocks rose at the end of Tuesday’s trading session, as oil prices returned to the uptrend, and…

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Economy

Egypt’s B2B trade market platform Cartona raises $12m to fund expansion 

Follow-ups -eshrag News: Mon, 2022-07-25 15:23 RIYADH: Egypt-based B2B trade market platform Cartona has raised $12 million through a series…

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Economy

UAE In-Focus — UAE bank enters metaverse; CVC-owned TMF group acquired by Abu Dhabi’s wealth fund

Follow-ups -eshrag News: India In-Focus — Reliance Industries profit surges; Budget carrier Akasa opens bookings RIYADH: India’s Reliance Industries Ltd. on Friday reported a…

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Economy

Saudi Kingdom Holding invests $268m in UK fund manager M&G  

Follow-ups -eshrag News: Thu, 2022-07-21 08:46 RIYADH: Saudi Kingdom Holding Co. has invested SR1.01 billion ($268 million) in UK-based M&G…

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Economy

Saudi Tourism Development Fund, Ennismore to establish $400m hospitality investment fund 

Follow-ups -eshrag News: Tue, 2022-07-19 17:46 RIYADH: Saudi Arabia’s Tourism Development Fund has signed an agreement with London’s Ennismore and…

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Economy

Saudi sovereign fund to become Aston Martin’s no.2 shareholder

Follow-ups -eshrag News: BANGKOK: Top financial officials from the Group of 20 leading rich and developing nations met on the…

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