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Economy

Egypt In-Focus — Startups raise $269.1m in H1; Abu Dhabi Ports Group acquires 70% equity stake in Egyptian firms

Follow-ups -eshrag News: Sun, 2022-07-03 19:51 RIYADH: Egyptian startups succeeded in raising a total of $269.1 million in funding in the…

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Economy

Saudi iHR selects Yaqeen Capital to advise on IPO for 20% stake

Follow-ups -eshrag News: Sun, 2022-07-03 10:20 RIYADH: Saudi recruitment service provider International Human Resources has selected Yaqeen Capital to advise…

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Economy

Saudis reportedly in talks over stake in luxury car manufacturer Aston Martin

Follow-ups -eshrag News: Thu, 2022-06-30 22:51 LONDON: Saudi Arabia’s Public Investment Fund is reportedly in talks with Aston Martin over…

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Economy

Saudi Electricity sells entire stake of its subsidiary to the government

Follow-ups -eshrag News: MENA Project Tracker: KSA launches Arts Valley project in AlUla; Honeywell, Anchorage to build $2bn petrochemical complex in…

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Economy

Arabian Drilling Co. gets approval to IPO 30% stake on Saudi stock market

Follow-ups -eshrag News: MENA Project Tracker: KSA launches Arts Valley project in AlUla; Honeywell, Anchorage to build $2bn petrochemical complex in…

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Economy

Arabian Plastic Industrial Co. gets CMA nod to IPO 20% stake on Nomu

Follow-ups -eshrag News: Red Sea Development Co.’s study reveals diversity of habitats as it calls for responsible tourism  RIYADH: The…

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Economy

IT consulting firm Saudi Networkers to proceed with IPO for 25% stake 

Follow-ups -eshrag News: LONDON: Oil prices rose almost $2 on Tuesday on high summer fuel demand while supplies remain tight…

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Economy

Dallah Health ups stake in IMC by $190m in bid to expand its footprint in Jeddah

Follow-ups -eshrag News: Tue, 2022-06-21 09:12 RIYADH: Dallah Healthcare Co. is set to increase its ownership in International Medical Center…

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Economy

Saudi AC distributor Shaker to buy 40% stake in fintech platform Cashew 

Follow-ups -eshrag News: Mon, 2022-06-20 08:54 RIYADH: Saudi-listed Al Hassan Ghazi Ibrahim Shaker Co. has entered into an initial agreement…

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Economy

NRG Matters — Italy’s Eni wins stake in $29b Qatari gas project; Egypt plans small nuclear reactors to produce energy

Follow-ups -eshrag News: A recession in the United States is not “inevitable,” Treasury Secretary Janet Yellen said Sunday, just days…

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