Tag: Private
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Egyptian private equity firm B Investments to invest $67.3m in health and food sectors in 2023
Follow-ups -eshrag News: [ad_1] Thu, 2023-01-19 14:27 RIYADH: Egyptian private equity firm B Investments plans to invest 2 billion Egyptian pounds ($67.3 million) in the health and food sectors in 2023, revealed the company’s top executive. The company’s chairman of the board of directors Hazem Barakat disclosed to Asharq that the new investments will be financed by making exits from some of its existing assets. He revealed that the company intends to complete the acquisition deal…
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The Impact Financial Private Equity Fund approves the transfer of its “Jahez” shares to unitholders
[ad_1] Jahez International for Information Systems Technology “Jahez” announced that it had received a letter from Impact Financial Company, in their capacity as manager of the Impact Financial Private Equity Fund, stating the fund’s intention to distribute “Jahez” shares owned by the fund. The company said in a statement on “Tadawul Saudi Arabia”, today, Thursday,…
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The “Goal” fund supports the employment of 400,000 Saudis in the private sector during 2022
[ad_1] Today, Monday, the Human Resources Development Fund “Hadaf” in Saudi Arabia revealed its contribution to supporting the employment of 400,000 male and female citizens through its programs and initiatives to work in private sector establishments during the year 2022. Turki bin Abdullah Al-Jawini, Director General of the Fund, said that the Fund works in…
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Private sector appetite shows opportunities in growing Saudi mining industry: NIDLP CEO
Follow-ups -eshrag News: [ad_1] Saudi mining sector needs small, nimble firms to grow metals industry: Ajlan Bros official RIYADH: Saudi Arabia’s mining sector needs to create small and flexible upstream and downstream firms to boost innovation in the metals industry, according to the CEO of the mining exchange business within Ajlan Bros. In an interview during…
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Saudi stock market could play key role in securing mining investment, private equity guru tells Future Minerals Forum
Follow-ups -eshrag News: [ad_1] Saudi mining sector needs small, nimble firms to grow metals industry: Ajlan Bros official RIYADH: Saudi Arabia’s mining sector needs to create small and flexible upstream and downstream firms to boost innovation in the metals industry, according to the CEO of the mining exchange business within Ajlan Bros. In an interview during…
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Saudi Arabia seeking to amend private education regulations in bid to woo foreign investors
Follow-ups -eshrag News: [ad_1] Saudi mining industry needs backing of finance ministry to flourish: Minister RIYADH: Saudi Arabia’s mining industry is becoming an investment destination largely on the back of the Ministry of Finance’s enablement and support, delegates at the Future Minerals Forum heard on Wednesday. “For a mining industry to flourish, the ministry of finance…
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UAE’s non-oil private sector growth further eases in December: S&P Global
Follow-ups -eshrag News: [ad_1] RIYADH: Saudi Arabia’s benchmark index dialed up 82.60 points — or 0.78 percent — to close at 10,660.94 on Tuesday, as the monthly Purchasing Managers’ Index from Riyad Bank reported a sharp demand recovery and strongest job growth in almost five years. Tadawul All Share Index’s total trading turnover also increased…
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Tunisia unveils economic plan betting heavily on private investment
Follow-ups -eshrag News: [ad_1] RIYADH: Saudi Arabia’s benchmark index dialed up 82.60 points — or 0.78 percent — to close at 10,660.94 on Tuesday, as the monthly Purchasing Managers’ Index from Riyad Bank reported a sharp demand recovery and strongest job growth in almost five years. Tadawul All Share Index’s total trading turnover also increased…
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Saudi private sector to drive water industry growth as Kingdom ups desalination capacity
Follow-ups -eshrag News: [ad_1] PIF-owned developer ROSHN signs $1.6bn credit facilities with Saudi banks to ramp up operations RIYADH: In a move to expand its funding base, Saudi real estate developer ROSHN signed SR6 billion ($1.6 billion) worth of credit facilities deals with three of the Kingdom’s leading banks. The Public Investment Fund-owned developer termed the deals one of the “landmark debt transactions” in the real…
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SABB wins ‘Best Private Bank’ for 2023
Follow-ups -eshrag News: [ad_1] Thu, 2022-12-29 12:25 RIYADH: The Saudi British Bank has been named “The Best Private Bank in Saudi Arabia” for 2023 in the Global Finance Group’s annual excellence awards. The independent investment firm awarded SABB the accolade for its work in the field of private banking services as well as its variety…