A unit of Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), has injected fresh capital into eWTP Arabia Capital (eWTPA), a Riyadh-based venture firm focused on easing Chinese…
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Saudi Arabia
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InvestmentInvestorsMiddle EastNewsSaudi Arabia
Saudi Exchange’s Introduction of Single Stock Options to Woo Global Investors
by Deon Nielsenby Deon NielsenRIYADH: Saudi Exchange’s newest offering, single stock options, is well positioned to draw additional international investment to Tadawul, an official at the body told Arab News. Since the introduction of the…
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financialInvestmentMiddle EastNewsSaudi Arabia
Saudi Arabia Sees Foreign Investment in Capital Market Triple to SAR 347 Billion
Saudi Arabia’s capital market has witnessed a significant influx of foreign investment, with the total value tripling to SAR 347.01 billion by the end of 2022, which now accounts for…
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InvestmentNewsSaudi ArabiaSports
Mixed Martial Arts Investment Latest Example of Saudi Arabia’s Foray Into Global Sports
LAS VEGAS (AP) — Saudi Arabia’s most recent venture into the global sports scene — purchasing a stake in the Professional Fighters League — is yet another example of the…
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InvestmentInvestorsMarketNewsSaudi Arabia
EFG Hermes Collaborates With the Saudi Exchange to Showcase Compelling Saudi Equities to Global Investors
Saudi Arabia – EFG Hermes, the leading investment bank franchise in Frontier and Emerging Markets (FEM), announces the commencement of its EFG Hermes Saudi Forum in London today. Under the…
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EconomyfinancialInvestmentSaudi ArabiaTechnology
Saudi Venture Capital Launches $80m Saudi Fintech Fund
by Ryan Hughesby Ryan HughesCAIRO: Saudi Arabia’s booming fintech sector is set to be boosted by an $80 million investment fund launched by Saudi Venture Capital Co.. The ‘Investment in Fintech VC Fund’ was…
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BusinessEconomyfinancialSaudi Arabia
PIF-Backed Rakiza Raises $1bn to Invest in Oman and Saudi Arabia
by Ryan Hughesby Ryan HughesPublic Investment Fund-backed Rakiza has raised $1 billion to invest in three projects in Oman and is close to signing off on several deals in the Kingdom, according to a…
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EconomyfinancialInvestmentQatarSaudi Arabia
Dubai Inflation Rises Close to 5% in February on Higher F&b Prices
by Michael Loweby Michael LoweIn line with the global trend, Dubai saw its annual inflation rate rising to 4.9 percent in February driven by an increase in food and beverages costs, the latest data from the emirate’s Statistics Center showed. …
