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  • UAE’s Burjeel Plans Saudi Arabia Expansion With $1 Billion Investment

    Burjeel Holdings, the United Arab Emirates-based healthcare provider that’s reportedly considering an IPO, plans to invest about $1 billion in Saudi Arabia by 2030 as part of its expansion into the biggest Gulf economy. The company will seek investment opportunities through joint ventures and public-private partnership models, according to a statement. Burjeel, operator of 39 hospitals and medical centers, expects to reach agreements over the coming months.

  • Saudi Ministry Launches Investment Opportunity for Detecting Gypsum Ore West of Kingdom

    Saudi Arabia’s Ministry of Industry and Mineral Resources has announced the launch of a tender for the exploration of gypsum ore in the Al-Qasab wells in Madinah Al-Munawwarah region, north of Yanbu Governorate over an area of about 0.6 km. Lately, the ministry revealed the 13 qualified bidders in the pre-qualification stage for a license at Umm Ad Damar mining site.

  • Saudi Ministry of Investment Releases Q2 Investment Highlights Report – The 966

    Saudi Ministry of Investment Releases Q2 Investment Highlights Report; 49 Deals Worth More Than $925m Inked. Richard's one big thing is the release 13th edition of ”Investment Highlights.” The report examines investment developments and focuses the tourism sector.

  • Saudi Arabia, Uzbekistan sign 10 investment deals worth 45 bln riyals – state TV

    Saudi Arabia has signed 10 investment deals with Uzbekistan worth 45 billion riyals ($11.99 billion), Saudi state TV reported on Wednesday. State television did not provide further details on the nature of the deals.

  • Saudi Public Investment Fund acquires shares in Amazon, Google, Uber

    Many of the aforementioned investments are in industries the Public Investment Fund has shown an interest in previously, such as video games. The fund purchased a 5% stake in Japanese video game giant Nintendo earlier this year. In January, the Public Investment Fund announced the creation of a competitive video games group.

  • Saudi Ministry of Investment Releases Q2 Investment Highlights Report

    Saudi Ministry of Investment Releases Q2 Investment Highlights Report; 49 Deals Worth More Than $925m Inked. Richard's one big thing is the release 13th edition of ”Investment Highlights.” The report examines investment developments and focuses the tourism sector. MISA says it oversaw 49 major deals valued at $925 million, which are set to create around 2000 new jobs in the local economy. The report includes an opening by H.E. Ahmed AlKhateeb, Minister of Tourism, and includes a dedicated section on tourism in Saudi Arabia, looking at the latest developments and opportunities driving this dynamic sector forward.

  • Saudis target $4 billion for fisheries and aquaculture investment

    In an interview with Arab News, NFPD CEO Dr Ali Al-Shaikhi outlined an eight-year investment strategy that hopes to expand the country’s seafood industry, improve food security and increase agriculture exports. Al-Shaikhi joined the Fisheries Development Programme after working for the Almarai food company and serving in Saudi Arabia’s National Aquaculture Group.

  • Saudi Arabia Targets $100bn Investment In Aviation Sector

    The $100 billion investment is expected to come through a combination of private and public funding and will be used to upgrade the Kingdom's air traffic infrastructure. Currently, air traffic services within the Kingdom's airspace are provided across more than 25 existing airports by the Saudi Air Navigation Services (SANS). With a big airspace, the Kingdom is looking to join the global air traffic management movement by incorporating modern technologies.

  • Saudi Arabia Targets $100bn Investment In Aviation Sector

    Even for oil-rich countries such as the Kingdom of Saudi Arabia, the significance of air transport is still vital for socio-economic growth. Recognizing its vast importance and in an effort to divert from oil, the Kingdom has laid out a unique transformative socio-economic reform blueprint known as Vision 2030. Part of the blueprint includes a commitment to invest $100 billion into its aviation sector by 2030.

  • Aramco expands Namaat industrial investment programs

    Namaat, which has grown from 32 to 55 investments since last year, supports industrial investment partnerships, helping to create jobs for Saudis and contributing to national growth and capacity building. The program aims to enable opportunities for local and international companies and leverage various incentives offered through the government’s Shareek program and other initiatives.