Saudi Investment Fund announces the largest bookbuild offering in MENA
PIF today announced the completion of the sale of part of its stake in the Saudi Telecom Company (stc) through an accelerated bookbuild offering.
The offering comprised 100 million shares, representing 2% of stc’s issued share capital. The total value of the offering was SAR 3.86 billion ($1.03 billion), with a final offer price of SAR...
Hayy Jameel to Become the New Home of Alliance Française Saudi Arabia
Alliance Française to Open at Hayy Jameel in Jeddah
From left to right: Larry Lamartiniere (Alliance Française Managing Director), Mohammed Nehad (Consul General of France in Jeddah), Zaher Al Munajeed (President of Alliance Française), HE Ludovic Pouille (Ambassador of France), Hussein Jameel (Director of Community Jameel), Faisal Al Sammanoudi (Chairman of Abdul Latif Jameel...
Jeddah attracts major real estate developers at the International Property Show
The diversification of Saudi Arabia’s economy has seen radical changes such as the adoption of...
KPMG survey: CEOs in Saudi Arabia positive about future growth despite interim challenges
Chief executive officers (CEOs) in Saudi Arabia remain moderately optimistic about the...
Refinitiv Expands Trading Footprint in Middle East with Sunday Trading Capabilities
Refinitiv, formerly Thomson Reuters Financial and Risk, has added Sunday trading capabilities to its...
Airbus and STC Specialized team up to make the Hajj 2018 safer
Reliable secure communication infrastructure has contributed to a fearless stay of more than...
AlMansoori Specialized Engineering, the leader in oilfield services in the Middle East, has successfully contributed to the Early Oil Pilot Scheme (EOPS) launch leading...