Browsing: Vision 2030

Smart Accommodation for Residential Complexes Company (sarcc), a PIF Company, has achieved a significant milestone in its journey with the successful acquisition of the prominent Al Nakhla Residential Resort in Riyadh for SAR 2.5 billion.

Boosting Investments in Transformative Industries Saudi Arabia has launched the Standard Incentives Program, allocating SR10…

Saudi Arabia raised $12B through a three-part bond sale, drawing strong investor interest, the National Debt Management Center (NDMC) reported on Tuesday. The funds will help address the country’s budget deficit, repay maturing debt, and support its wide-ranging economic diversification projects.

Saudi Arabia’s Public Investment Fund (PIF) and French private equity firm Ardian confirmed on Friday…

Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), is set to acquire a majority stake of 54 per cent in MBC Group from the Ministry of Finance, represented by Istedamah Holding, for a total of $2B (SAR 7.5B).

Saudi Arabia and the UAE led MENA startup funding in September. The US data platform reported that the MENA startup sector raised $328.3M.

Saudi real estate conglomerate ROSHN Group has secured a syndicated credit facility amounting to SR 9B ($2.4B) as part of its expansion strategy across the Kingdom.

Aramco Digital, a subsidiary of Aramco focused on technology and digital transformation, has entered into…

In a significant move to enhance the capital city’s infrastructure, Riyadh Municipality has signed five…

UAE has achieved notable progress in real estate transparency, with Dubai and Abu Dhabi featured among the top five global improvers in the 2024 Global Real Estate Transparency Index (GRETI) by JLL. The report highlights advances in digital capabilities, anti-money laundering regulations, and data accessibility, positioning the UAE as a regional leader in this field.