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  • Technology Investment
    Saudi CEOs call for investment boost in emerging technologies

    In line with this trend, and according to the survey 88 percent of Saudi Arabia’s CEOs are planning greater levels of investment in emerging technologies with blockchain, the Internet-of-Things (IoT) and data analytics tools are emerging as the top three focus areas for CEOs.

  • 2018 Budget
    Saudi 2018 budget to focus on development, investment: finance ministry

    Saudi Arabia’s 2018 budget, to be released on Tuesday, will focus on expansion, development and investment, but will not include new reforms or taxes, a senior Saudi finance ministry official said on Monday.

  • Prince Alwaleed bin Talal
    Alwaleed’s investment kingdom reels without its prince

    Now it is Prince Alwaleed who is engulfed in a crisis following his detention last month as part of Riyadh’s anti-corruption crackdown. But, in his hour of need, nobody has publicly come to his aid as billions of dollars have been wiped off his fortune and the investment firm he founded, Kingdom Holding Company, has been plunged into uncertainty.

  • Investment
    US investments in Saudi reported to exceed $15bn

    The Saudi Arabian General Investment Authority (SAGIA) has announced that the amount of US investment facilities in the kingdom has increased to 462, with a total capital exceeding $15.1bn, according to local report.

  • Citi Saudi Arabia
    Citi Hires Investment Banking Head for Saudi Arabia

    Citigroup Inc. has hired a new head of investment banking for Saudi Arabia as the U.S. bank prepares to launch operations in the kingdom next year.

  • Hospitality Sector
    Saudi Arabian hospitality sector offers attractive investment opportunity, Knight Frank says

    "As the market matures, emergence of REITs is likely to assist in institutionalizing the real estate market in Saudi Arabia, providing a wider range of investors exposure to the commercial real estate market," the agency said.

  • Abu Dhabi National Oil Company
    ADNOC Accelerates Partnership Initiatives and Expands Investment Opportunities

    In November alone, ADNOC signed oil and gas contracts worth at least $10 billion, announced plans to increase refining capacity by almost two-thirds and triple petrochemical production, had its debut for syndicated loans in international markets, and revealed details for a landmark partial privatization of the company’s fuel distribution business.

  • Saudi VC in US
    Saudi Arabian Startup Investment Into US Startups Slows

    Over the past four years, VC firms in Saudi Arabia have invested over $5 billion known dollars into U.S. startups—with the pace of investment skyrocketing to highs into 2016.1 And although the Kingdom is opening itself up to new experiences, venture investments made from groups based in the country, as we’ll discover, are about as diverse its economy.

  • Prince Alwaleed bin Talal
    Exclusive: Saudi prince detention holds up loan to investment firm

    Kingdom Holding’s plan to borrow money to fund new investments has stalled because owner Prince Alwaleed bin Talal has been detained in Saudi Arabia’s anti-corruption crackdown, according to four banking sources familiar with the matter.

  • Soft Bank Vision Fund
    SoftBank Plans Up to $25 Billion in Saudi Investments

    SoftBank aims to deploy up to $15 billion in a new city called Neom that Crown Prince Mohammed bin Salman plans to build on the Red Sea coast, the people said, asking not to be identified because the information is private. The Japanese company’s Vision Fund also plans investments of as much as $10 billion in state-controlled Saudi Electricity Co. as part of efforts to diversify the utility into renewables and solar energy, the people said. SoftBank also will have some of its portfolio companies open offices in Neom, they said.