Companies
Nofoth completes purchase of 65% stake in Plenty Food
Nofoth Food Products completed the legal transfer of a 65% stake in Plenty Food on 5 October, Argaam reported the following day. The August…
Companies
The latest company milestones, sector developments and perspectives from across Saudi Arabia.
Companies
PIF extends Emaar Economic City’s loan drawdown window
Emaar Economic City received PIF approval to extend the availability period of its SAR 1 billion loan facility, Argaam reported on 6 October. The…
Companies
Saudi competition authority invites views on Uber’s Delivery Hero deal
Saudi Arabia’s General Authority for Competition invited public comments on Uber’s proposed acquisition of Delivery Hero, Argaam reported on 6 October. The review is…
Companies
Saudi Investment Bank Appoints Salman Al-Fagham as CEO
Saudi Investment Bank has appointed Salman bin Bader Al-Fagham as Chief Executive Officer, effective October 1, 2026. The appointment follows the resignation of Faisal…
Companies
Alpha Aquaculture Fund completes Tharawat Seas investment
Alpha Capital’s Alpha Aquaculture Fund completed the acquisition of a 33.7% stake in Tharawat Seas, according to a company statement published by Argaam on…
Aviation & Logistics
Red Sea Global launches a connected yachting network
Red Sea Global announced Yachting Network, a company coordinating marina and yacht club services on Saudi Arabia’s Red Sea coast, on 23 September. From…
Companies
CEER reveals Saudi-designed electric sedan and SUV
CEER unveiled its EXOBOT electric sedan and SUV, according to a PIF announcement dated 21 September. The vehicles are designed, engineered and manufactured in…
Companies
Red Sea Hospital opens with Dr. Sulaiman Al Habib partnership
Red Sea Global inaugurated The Red Sea Hospital with Dr. Sulaiman Al Habib Medical Services Group, according to the developer’s announcement dated 17 September.…
Aviation & Logistics
Etihad and Red Sea Global announce Abu Dhabi route plans
Red Sea Global announced a partnership with Etihad Airways for flights between Abu Dhabi and Red Sea International Airport in a statement dated 8…
Companies
Electronic Arts acquisition closes with PIF-led consortium
Electronic Arts announced that its acquisition by PIF, Silver Lake and Affinity Partners had closed, according to a statement published by PIF on 4…
Aviation & Logistics
The Helicopter Company explores purchase of up to 60 Bombardier jets
The Helicopter Company signed a letter of intent with Bombardier as it plans to expand from helicopter operations into business aviation, PIF announced on…