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Saudi Arabia rises higher in prosperity ranking than any other MENA country
The kingdom scored particularly well in the open economies category
ZAWYA
Billionaire-controlled firms return almost twice average market potential
Globally, the strong dollar and volatile equity markets saw billionaire wealth decrease to $8.5 trillion after five years of growth
The Saudi Gazette
Saudi PIF injects $400mln into new startup owned by Uber
CloudKitchens is specialised in building commissary kitchens for restaurants
Mubasher
Saudi Arabia's Jadwa Investment REIT fund acquires two properties for $25 mln
Fund acquired an office tower for $16mln and a hotel property for $9mln
ZAWYA
Middle East outbound investment in H1 2019 increases by over 60%
UK is the most popular country for capital investment, followed by Germany
The Saudi Gazette
Expat remittance from Saudi Arabia drops 11% to $24.8bln in nine months
The fall in remittances of Saudis outside the Kingdom were considerably less in September
The Saudi Gazette
Capital inflows to MENA to jump 21% to $200bln in 2019: IIF
Portfolio investments, supported by equity index inclusions and debt issuance, remain key driver of capital inflows to region
Khaleej Times
Saudi Aramco kick-starts what could be world's biggest IPO
The company will spend the next 10 days talking to investors and sounding out their interest and the price range will follow
Reuters News