THURSDAY STUDIOS

Thursday Saudi

Our team of reporters in Saudi Arabia is always on the move, fuelled solely by Kahwah. Bringing you fresh, exciting coverage and stories you care about—straight from the heart of the Kingdom.
Business

Fitch opens new Riyadh headquarters as Saudi expands financial horizons

Fitch Group, the credit rating agency, has established its new regional headquarters in Riyadh, supported by MISA, aligning with Saudi Arabia’s Vision 2030 to enhance financial growth in the Middle East.
Economy

Citi boosts Saudi outlook as emerging markets face Trump headwinds

Citigroup highlights Saudi Arabia’s stability amid Trump’s policies, while emerging markets face headwinds, and South Korea and India experience downgraded outlooks due to trade and profit pressures.
Business

Saudi wealth fund cashes in $1 billion with STC stake sale

Saudi Arabia’s PIF raises $1 billion by selling a 2% stake in STC, aligning with Vision 2030’s diversification goals.
Business

Savola reshapes capital, hands Almarai stake to shareholders

Savola Group’s capital overhaul sees it distribute its Almarai stake, boosting shareholder value while restructuring finances for growth.
Business

Armah Sports boosts Saudi fitness scene with $47mn in new funding for expansion

Armah Sports secures a Sharia-compliant loan to expand fitness clubs across Saudi Arabia, enhancing the Kingdom’s wellness landscape and saving on finance costs.
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