Saudi Awwal Bank plans SAR sukuk launch

Saudi Awwal Bank plans SAR-based sukuk issuance to strengthen its capital base; HSBC leads the private placement as Islamic finance drives growth.

Saudi firms consider Hong Kong listing to boost Gulf-Asia financial ties

Saudi firms, including PIF-backed entities, are eyeing Hong Kong listings to strengthen Gulf-Asia financial ties; a collaboration with HKEX could reshape regional investment opportunities.

Riyadh’s Cityscape Global 2024 closes out with $61bn in deals

Cityscape Global 2024 in Riyadh closes with $61bn in real estate deals and over 172,000 attendees, marking a major step for Saudi Vision 2030.

Saudi Arabia names new NEOM chief to accelerate $500bn future city plans

Saudi Arabia’s NEOM project reshapes with a new CEO as Aiman Al-Mudaifer leads the ambitious $500 billion vision forward, redefining the future of urban living.

Saudi-funded Pony AI eyes fresh $4.5bn IPO in US market push

Pony AI advances towards a US IPO, targeting a $4.5bn valuation despite lowered expectations, backed by major investors like Toyota and Saudi’s NEOM.

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