Saudi Arabia’s $1.07 bn Jada fund of funds to support SMEs, startups
Saudi Arabia’s Public Investment fund has launched Jada to invest in venture capital funds, private equity funds and to support SMEs...
Tag : Saudi Arabia
Qatar’s budget for 2020 largest in five years
The country plans to spend 1.9% more in 2020 than it did last year...
Saudi Arabia’s NCB and Riyadh Bank end merger talks
The two Saudi banks failed to agree on a valuation...
Aramco is now only company in the world with $2tn valuation
Aramco’s stocks gained 10% on their second day of trading...
Investor appetite pushes Aramco valuation to $1.88 tn
Aramco’s shares began trading at the Tadawul at 10:30 on Wednesday...
Experts: $2 tn valuation possible for Aramco
High demand, reducing production and incentivising shares could drive share prices up...
Aramco allocates 23% shares to non-Saudi investors in IPO
Aramco is expected to list 1.5% of its shares on the Tadawul later this week...
Aramco raises $25.6 bn in IPO with shares priced at $8.53
Aramco is expected to achieve a valuation of $1.7 trillion...
FIIs account for only 10.5% of Aramco shares
Overall institutional investors put in bids worth $38 bn for Aramco IPO...
Saudi telecom market valued at $17 bn; biggest in the region
The Saudi telecom industry has recorded substantial growth in the last five years...