SNB Capital Co., Al-Shegrey Investment Group launch $266m real estate fund 

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RIYADH: Saudi Arabia’s strategic location at the crossroads of multiple continents, coupled with its abundant natural resources, has allowed the nation to garner a position of “influence” within the global military industry, said the governor of the General Authority for Military Industries. Ahmed Al-Ohali was speaking at the inauguration of the World Defense Show in … Read more

Saudi Ministry of Energy joins forces with SNB to launch social entrepreneurship accelerator

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RIYADH: Saudi Arabia’s journey in turning raw information into valuable insights is evolving, as the General Authority for Statistics continues to carry out surveys and censuses. At the Future Real Estate Forum in Riyadh, Fahad Al-Dossari, president of GASTAT, underscored the evolving approach to analytical developments. He stated: “The statistical products in the recent period … Read more

Mobily refinances existing debt with $1.28bn Murabaha facility from SNB

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Oil Updates – prices up on OPEC demand estimate, Mideast tensions and US output SINGAPORE: Oil prices rose on Thursday as the Organization of the Petroleum Exporting Countries forecast relatively strong growth in global demand over the next two years and the market eyed disrupted US production amid a cold blast, as well as geopolitical tensions in … Read more