Saudi Arabia
Infrastructure
How Saudi firm Alfanar's India green energy foray is running into headwinds
On April 1, 2021, Saudi conglomerate Alfanar Group fully operationalised its first wind energy project in India–almost two months ahead ......
TMT
OpenAI discussed raising money from Saudi PIF, Reliance Industries: Report
ChatGPT maker OpenAI has talked to Saudi's PIF, India's Reliance Industries and existing shareholder United Arab Emirates' MGX about its ......
Finance
India to exempt Saudi wealth fund PIF from foreign portfolio investment rules
India has agreed to exempt Saudi Arabia's sovereign wealth fund from a set of foreign portfolio investment rules to attract ......
TMT
Peak XV, Valar-backed ShopUp to merge with Sary; PIF's Sanabil leads $110-mn funding
Bangladeshi B2B commerce platform ShopUp, which is backed by Indian venture capital firm Peak XV Partners and Peter Thiel’s Valar ......
Manufacturing
Saudi Aramco looks to invest in BPCL, ONGC refineries
Saudi Aramco is in talks to invest in two planned refineries in India as the world's top oil exporter looks ......
TMT
Accel-backed Jetapult acquires "major" stake in Saudi-based UMX
Gaming startup Jetapult, which is backed by Accel, Fireside and JetSynthesys, Monday said it has acquired a “major” stake in ......
General
LP Summit Dubai 2024: Robust IPO pipeline driving optimism on exits, say panellists
The robust initial public offering (IPO) pipeline on stock exchanges in the Middle East and India is driving optimism around exit ......
Manufacturing
Indian EV maker Wardwizard to form joint venture in Saudi Arabia
Indian electric vehicle maker Wardwizard Innovations and Mobility announced on Friday it received a letter of intent to form a ......
Finance
Edmond de Rothschild to open Saudi office, launch debt platform
Edmond de Rothschild Group, a specialist in asset management and private banking, is set to open an office in Saudi ......
Consumer
Saudi wealth fund PIF in talks to create boxing league
Saudi Arabia's Public Investment Fund (PIF) is in discussions with multiple boxing stakeholders to create a league, potentially reshaping the ......
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