Rasmal Ventures and Saudi consultancy Strategic Gears announced a memorandum of understanding on 12 October 2026 to support business expansion between Saudi Arabia and Asian markets.
According to their announcement, Rasmal will introduce Saudi businesses to its Asian networks, while Strategic Gears will help Rasmal-backed companies explore the Saudi market.
The firms intend to develop introductions, market briefings and joint engagements. The announcement describes a cooperation framework rather than a completed investment transaction.
Source: EIN Presswire company announcement. Published 12 October 2026. Independent news summary of a company announcement.
