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WEBINTERVIEW: Debt restructuring will cut financing costs and free up funding for future projects, says Emaar the Economic City’s CEO. REAL ESTATE.
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Saudi PIF, STC move to create region's largest telecom tower
WEBApril 21, 2024. The Public Investment Fund (PIF) is acquiring a majority stake in the tower infrastructure unit of Saudi Arabia’s largest phone company as it moves to create the region's biggest telecom infrastructure company with projected annual revenue of $1.3 billion. Saudi Telecom Company (STC) said on Monday it signed a sale and ...
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WEBDeutsche Bank raises S&P 500 year-end target to 5,750 from 5,500. GLOBAL MARKETS.
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WEBSaudi’s giga projects soar to $1.3trln in value, even as contracts see a 41% drop. 2.
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WEBSheikha Jawaher flags off TBHF-Aster Mobile Medical Services in Zanzibar that will serve at least 20,000 patients annually. IPO.
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WEBDubai expected to award first package of $6.8bln mega sewerage tunnels project in 2025. 5.
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WEBDubai-listed Mashreq sells stake in $385mln NeoPay to Arcapita and Dgpays. INVESTMENT.
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