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...