EFG Hermes, the Egyptian investment bank, has appointed Khalid AlSweilem as chairman of its Saudi Arabian arm, EFG Hermes KSA. He is chief global sovereign funds adviser at Ninety One Asset Management ...

Paradromics announced today that it received a strategic investment from NEOM, a region taking shape in Saudi Arabia.

The Public Investment Fund (PIF) announced the acquisition of a 30% stake in Masdar for Building Materials Co. (Masdar), a ...

Riyadh: Saudi Arabia is intensifying efforts to boost private sector contributions to its economy and attract foreign investments, aligning with Vision 2030’s goal of reducing reliance on oil. The ...

This investment aims to introduce new tools and services to streamline fundraising processes and equity transfers, aligning ...

This aligns with the country’s ambition to transform its real estate landscape through innovation, world-class infrastructure ...

U.S. semiconductor startup Groq said on Monday it has secured a $1.5 billion commitment from Saudi Arabia to expand the ...

The company made the announcement on Thursday at Saudi's global tech event, LEAP 2025, where the country attracted $14.9 ...

Around the world, thriving economies are powered by dynamic private enterprises acting as engines of growth, collaboration and resilience. In Saudi Arabia, the private sector’s role is even more vital ...

President Donald Trump said on Sunday that he is committed to the US buying and owning Gaza but could allow sections of the ...

The Middle East saw a notable surge in M&A activity in 2024, with deal value reaching $29bn, a 52 per cent increase from the ...