Investment

The oil and gas industry will need cumulative investments worth $4.3 trillion from 2025 to 2030 to meet growing demand and maintain market stability, according to an analysis. In its latest report, the International Energy Forum said…
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Total assets of Oman’s sovereign wealth fund increased by an estimated 7.4 percent year on year to reach 19.24 billion Omani rials ($49.9 billion) in 2023, according to new figures. A report issued by the Oman Investment Authority…
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Saudi Arabia and Brazil have signed multiple agreements to boost public and private sector investment, focusing on defense industries, research and development, and technology transfer and localization. This came as a bilateral meeting…
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Innovation and entrepreneurship attracted diverse funding partners to Saudi Arabia resulting in the finalization of over 53 percent of investment deals in the first quarter of 2024, official data showed. The latest report issued by the…
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In a bid to localize the Kingdom’s cosmetics and personal care industry, the Halal Products Development Co. announced an investment in a Singapore-based fast-moving consumer goods conglomerate. The Public Investment Fund-owned company…
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Saudi medical companies stand to benefit as private equity firm TVM Capital Healthcare unveils its second pool of funding valued at $250 million for the Middle East. Since 2009, the international growth capital investment fund has…
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Tennis, tech and paper production are just some of the areas Saudi Arabia’s Public Investment Fund has reached into so far in 2024, as the body continues to drive forward the Kingdom’s economic diversification agenda. The sovereign…
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Chinese participation in Saudi Arabia’s private-sector projects is set to increase as the Kingdom’s Finance Minister Mohammed Al-Jadaan held meetings with top officials in Beijing. Al-Jadaan, who is also the chairman of the National…
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Global consulting firm North Highland, which recently expanded its global footprint into the Middle East including Riyadh, plans to invest “millions of dollars” in Saudi Arabia to bolster workforce capabilities in line with Vision 2030.…
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Leisure firm Saudi Entertainment Ventures is set to be incorporated into Qiddiya Investment Co., an affiliate of the Kingdom’s sovereign wealth fund. The integration of the firm, also known as SEVEN – another subsidiary of the Public…
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