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Posted On NewsUS health fund plans $200m factory in Saudi Arabia
Healthcare fund Akkad Holdings, based in the US, is to invest $200 million to build an intravenous fluid factory in…
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Posted On NewsSaudi Arabia’s STC to build $9bn telecom network
Saudi Telecom Company (STC) has won a SAR32.64 billion ($8.7 billion) contract to develop a new telecommunications infrastructure in Saudi Arabia.…
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Posted On NewsItalian insurer guarantees $3bn Saudi giga-project loan
Sace, an Italian state-owned insurance company, has guaranteed a multi-currency loan of $3 billion provided by nine international banks to…
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Posted On NewsSTC seeks board seat after raising Telefónica stake
Saudi Arabia’s STC Group is seeking a board seat in Spain’s Telefónica after increasing its stake in the telco to…
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Posted On NewsSaudi Arabia in talks to host MMA facility at Qiddiya
Saudi Arabia has been identified as a potential host for a multi-use mixed martial arts facility akin to the Ford…
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Posted On NewsSaudi Arabia has ‘great confidence’ in Lebanon’s reforms
Prince Faisal bin Farhan Al-Saud visited Beirut on Thursday, the first trip to Lebanon by a Saudi foreign minister in…
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Posted On NewsPIF’s $4bn bond sale is four-times oversubscribed
Saudi Arabia’s Public Investment Fund (PIF) sold $4 billion of bonds on Wednesday in a sale that was four times oversubscribed. It…
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Posted On NewsElm buys PIF’s technology unit for $907m
Saudi Arabia’s Elm Company has agreed to buy Thiqah Business Service Company, a wholly owned unit of the Public Investment Fund…
