THURSDAY STUDIOS

Business

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.
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

Saudi firm launches “Heart of Khobar” smart city project

Saudi Arabia’s Tilal Real Estates unveils the 'Heart of Khobar,' a $1.6 billion smart city project to drive investment and elevate urban living standards in the Eastern Province.
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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