Saudi Arabia
Finance
Saudi wealth fund PIF splashes cash in 2023 as Singapore's GIC slows investments
Saudi Arabia's Public Investment Fund accounted for about a quarter of the almost $124 billion spent by sovereign ......
General
Gulf Digest: Two Saudi startups propel deal momentum this week
Funding activity in the Middle East was led by growth-stage funding of two startups during the final week of 2023. ......
TMT
Flashback 2023: How startup dealmaking panned out across the MENA region
The Middle East and North Africa (MENA) region has recorded a surge in startup activity over the last few years ......
Finance
Saudi Arabia to consider sovereign wealth fund office in India's GIFT City
Saudi Arabia will consider setting up an office of its sovereign wealth fund in India's Gujarat International ......
Consumer
VC-backed Floranow acquires Saudi Arabian flower distributor Bloomax
The UAE-based business-to-business online floral marketplace Floranow has fully acquired Saudi Arabia’s Bloomax, a ......
TMT
Saudi PIF-owned Savvy buys gaming firm for $4.9 bn; STV fund gets LP cheque
Funding activity in the Gulf region remained subdued in the first week of April with only a handful of companies ......
Finance
Oil slips as China fears continue to weigh on international prices
Oil prices fell sharply on Tuesday on a strong dollar, demand-sapping Covid-19 curbs in top crude importer China and fears ......
Finance
Fiscal deficit under threat if oil surge continues: RBI Governor
India's current account and fiscal deficit might take a hit if oil prices continue to rise after an attack on ......
Markets
Sensex drops as oil prices soar after Saudi attack
Indian shares closed lower on Monday, as soaring oil prices after an attack on Saudi Arabian oil facilities over the ......
TMT
SoftBank, Saudi sovereign fund plan robotic initiative
Saudi Arabia’s main sovereign wealth investment fund and Japan’s Softbank Group plan to jointly study how robots can be used ......
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