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Economy

Saudi telecom firm stc to set up cloud computing unit with eWPTA-led consortium 

Follow-ups -eshrag News: RIYADH: Saudi stocks closed lower on Sunday as inflation concerns rattled global stock markets, causing investors to remain…

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Economy

Saudi Al-Baha Investment board recommends IPO for its 87%-owned unit

Follow-ups -eshrag News: RIYADH: If the number of events held at the Riyadh Season entertainment festival is any measure of…

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Economy

Aramco eyes IPO of its trading unit that could raise $30bn: Bloomberg

Follow-ups -eshrag News: The old adage that women have to work twice as hard for half the recognition clearly applies…

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Economy

Maharah’s unit to acquire 40% stake in hospital catering service provider Saudi Medical

Follow-ups -eshrag News: Author:  Sun, 2022-04-24 12:15 RIYADH: The Growth Avenue Investment Co., a unit of Maharah Human Resources Co.,…

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Economy

Saudi Arabia’s PIF eyes stake on Thyssenkrupp’s Hydrogen Unit: Bloomberg

Follow-ups -eshrag News: RIYADH: Saudi stocks advanced on Wednesday, after the International Monetary Fund said it expects the Kingdom’s economy…

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Economy

Saudi-listed IT provider Arab Sea sets up cloud computing unit

Follow-ups -eshrag News: RIYADH: Saudi Arabia’s major players, including Saudi Basic Industries Corp. and Al Rajhi Bank, are expected to…

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Economy

Saudi Aramco’s Luberef refinery unit eyes 1bn IPO: Bloomberg

Follow-ups -eshrag News: RIYADH: Saudi stocks closed slightly higher on Monday, with gains registered by several major companies, causing investors to…

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Economy

UK’s National Grid to sell 60% stake in gas unit to Macquarie, BCI

Follow-ups -eshrag News: Author:  Sun, 2022-03-27 12:49 LONDON: Britain’s National Grid said on Sunday it would sell a 60 percent…

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Economy

Saudi retail major BinDawood’s unit acquires majority stake in IATC for $29m

Follow-ups -eshrag News: Author:  Sun, 2022-03-27 09:45 RIYADH: Future Tech Retail, a unit of BinDawood Holding, has acquired a 62-percent…

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Economy

Seera Group’s car rental unit Lumi considers joining Saudi IPO wave

Follow-ups -eshrag News: Author:  Wed, 2022-03-23 16:05 RIYADH: Riyadh-based Lumi, Seera Group’s car rental brand, could soon be joining the…

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