Leading UK-based credit asset manager Channel Capital Advisors has announced the acquisition of a minority interest of Magellan’s position in the SME funding programme of top regional SME funding platform Beehive, mainly focused on Emirati SMEs.
Strong investor confidence, a strategic realignment of regional trade flows, and sustained momentum toward Vision 2030’s industrial diversification goals have reinforced Saudi Arabia’s position as a critical and resilient logistics hub, according to a JLL report.
The Saudi Ports Authority (Mawani) announced the signing of an agreement between Red Sea Gateway Terminal (RSGT) and French shipping group CMA CGM to develop and operate the fourth container terminal at Jeddah Islamic Port, with an investment of approximately SAR1.6 billion.
The Bench, the organiser of Future Hospitality Summit (FHS) series, has announced that its key event - Branded Residences Forum (BRF) - is being renamed as ‘FHS Living’, thus bringing branded residences together with seven other living asset classes under a single, expanded platform.
Ritchie Bros., a global leader in asset management and disposition, is bringing its IronPlanet marketplace into Super September, with an upcoming online auction in China next month featuring more than 300 units of construction, lifting, material handling and specialized vehicle equipment.
Saudi Arabia's food and beverages (F&B) economy is poised for solid growth over the next few years with its market projected to hit $58.3 billion by 2033 amid growing demand for alternate financing from fine dining restaurants and cafes, said a report.
Aramco, one of the world’s leading integrated energy and chemicals companies, on Monday announced agreements and a memorandum of understanding (MoU) with a potential combined value of more than $3.7 billion with French companies.
Ritchie Bros., an RB Global company and a global leader in asset management and disposition, is bringing its IronPlanet marketplace into Super September, with an upcoming online auction in China on September 2, featuring more than 300 units of construction, lifting, material handling, and specialised vehicle equipment.
Kingston Holdings, one of the largest manufacturers of electrical products in Asia, has announced a significant expansion of its manufacturing capabilities in the UAE, introducing new product lines under its flagship brand Rexton.
L&T Energy Hydrocarbon Onshore (LTEH Onshore) has signed an "ultra-mega" contract for undertaking a gas compression facilities project for a prestigious client in the Middle East against a letter of award issued in FY26, the company said.
