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LSE-listed Dar Global ramps up Saudi investments with land acquisitions worth $390mln

The investments are valued at $390 million.

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S&P raises Saudi Arabia’s rating to A+ on economic overhaul

This is due to the ongoing social and economic transformation in line with the Vision 2030 programme.

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Dubai-based DP World’s 2024 profit drops 28%; warns of uncertain outlook

The global port operator reported 2% lower net profit for 2024 at $1.5 billion on higher finance costs and uncertain outlook due to geopolitical risks and changing global trade landscape.

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Ras Al Khaimah launches $1bln 10-year USD sukuk

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Investments in MENA start-ups climb nearly fivefold to $494mln

Entrepreneurs in Saudi Arabia and the UAE dominated the fundraising, making up 92% of the total investment value.

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NIMs of Egyptian banks to stay resilient despite looming rate cuts: Fitch

The central bank is expected to start its monetary easing cycle on February 20.

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Huda Beauty sells fragrance brand Kayali to General Atlantic

The fragrance company will be run in a partnership between General Atlantic with Mona Kattan, sister of Huda Kattan, who founded parent company Huda Beauty in 2013 with her sisters and husband.