21 billion riyal investment to develop Neom’s residential communities
The communities are expected to accommodate an additional 95,000 occupants Neom: Neom has finalised contracts amounting to 21 billion riyals...
Saudi Flour Milling Company’s IPO Pulls in $18 Billion of Orders
First Milling sets IPO price at 60 riyals, top of rangeSaudi IPO market has reawakened after slow start to yearSaudi...
Red Sea Global achieves commercial close for Almutlaq JV financing
The Red Sea Global (RSG), the developer of The Red Sea and Amaala tourism destinations, achieved a commercial close for...
Saudi Red Sea tourism project signs $400mln JV pact for luxury resort
TRSDC’s joint venture with local firm ARIEC marks the PIF-owned company’s first-ever partnership with the private sector Saudi Arabia’s The...
First Saudi milling company privatised in deal worth $540m
First Milling Company is the largest among four companies, which are part of planned privatisation programmeThe first milling company in...
Going with the grain: Saudi flour mill transfer gets $540m boost
JEDDAH: Saudi Arabia took the latest step in the privatization of the Kingdom’s flour mills with the announcement on Monday of...