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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Saudi Arabia
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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. …
