Saleh Abdulaziz Al Rashed & Sons Company (SAR), a key Saudi provider of integrated construction materials, mining, and industrial spare-parts solutions, has announced its intention to proceed with an initial public offering (IPO) and the listing of its ordinary shares on the Main Market of the Saudi Exchange.
Al Salam Bank marks its 20th anniversary this year, commemorating its commendable journey through a year-long celebration that reflects the shared story it has built with its clients, employees, and the community.
The credit impact of a potential escalation between Iran and the US will remain contained, similar to June 2025 (targeted and limited in scale and duration), says S&P Global Ratings in a published report.
India and the United Arab Emirates have agreed to double their bilateral trade to $200 billion by 2032, underscoring the rapid expansion of economic ties under their Comprehensive Economic Partnership Agreement (CEPA).
GFH Partners said it has successfully completed its co-investment in Cold-Link Logistics - one of the 10 largest privately-held temperature controlled logistics platforms in North America - alongside global investor Slate Asset Management and funds managed by Hamilton Lane, a key private markets investment firm.
Forbes Middle East has announced the launch of a new global strategic initiative at the ongoing World Economic Forum Annual Meeting in Davos 2026. The initiative underscores the region’s growing influence in shaping global economic dialogue and contributing to future-focused international agendas.
The Abu Dhabi Department of Economic Development (ADDED) is leading a high-level economic delegation to Italy from January 19–22 as part of Abu Dhabi’s ongoing efforts to deepen strategic partnerships and expand international economic engagement.
Alta Semper, a London-based private equity firm focused on healthcare across growth markets, has signed definitive agreements to acquire a majority stake in Nature’s Rule, a UAE-based sports nutrition and dietary supplements company with an established manufacturing presence in Egypt.
Saudi Electricity Company has announced that it has successfully completed the issuance of a $2.4 billion US dollar-denominated senior unsecured sukuk, split across three tranches with maturities of three, six and 10 years. The sukuk will be listed on the London Stock Exchange’s international securities market.
The value of assets held by local and foreign public investment funds in the Saudi financial market grew by 36.1% annually, climbing by SAR57.9 billion ($15.44 billion) to approximately SAR217.9 billion ($58.11 billion) by the end of the third quarter of 2025, compared to SAR160.1 billion during the same period in 2024.
