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Saudi s Sulaiman Al Habib Group signs $19mln deal for hospital construction

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Ar riyaSaudi arabiaAl fujayrahUnited arab emiratesMasah construction coSulaiman al habib medical services groupGharb al takhassusi hospitalMasah constructionஆர் ரியாசவுதி அரேபியாஒன்றுபட்டது அரபு அமீரகங்கள்சுலைமான் அல் ஹபீப் மருத்துவ சேவைகள் குழு

Saudi hospital operator announces $56mln cash dividends after revenue rise

Saudi hospital operator announces $56mln cash dividends after revenue rise
zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.

Saudi arabiaSulaiman al habib medical services groupMiddle eastசவுதி அரேபியாசுலைமான் அல் ஹபீப் மருத்துவ சேவைகள் குழுநடுத்தர கிழக்கு

Saudi asset management industry on a recovery path

Dubai: Saudi Arabia’s asset management industry that witnessed a decline in total assets under management (AUM) due to COVID related uncertainty and decline in oil prices in early 2020 has made a steady recovery, according to KPMG. The decline in oil revenues translated to reduced inflows to AUMs until oil prices recovered from the lows of March 2020. This was clearly visible in the industry’s AUM data which as of first quarter of 2020 had dropped to SAR481 billion from SAR500 billion at year end 2019 but then recovered to SAR515 billion as of the second quarter 2020. “Fortunately for fund managers in Saudi Arabia, the brief decline in AUMs was manageable. Funds tended to be sticky and the affluent and ultra-high net worth individuals (UHNWI) client base continued to have a higher risk appetite to withstand market volatilities,” KPMG said in a report.

Saudi arabiaUnited arab emiratesSaudi arabianKhalil ibrahim al sedaisOvais shahabBindawood holding coSulaiman al habib medical services groupAmlak international for real estate finance companyHead of financial servicesCapital markets authorityOffice managing partnerSaudi stock exchange tadawulSaudi stock exchangeImage creditSaudi aramcoAmlak international

SPACs Raise $77 Billion in IPOs This Year

Sequoia Capital’s Investments in Airbnb and DoorDash Pay Off Sequoia Capital invested $385 million in Airbnb (ABNB) and DoorDash (DASH) in multiple rounds over the years. The venture-capital firm was one of Airbnb’s earliest backers, first investing in its seed round in 2009. After Airbnb’s and Doordash’s enormous initial public offerings last week, that initial investment has turned into more than $20 billion. It has been a great year overall for the venture-capital industry, especially the Silicon Valley-focused firms. Airbnb and DoorDash are particular standouts, but there have been dozens of highly valued technology IPOs in 2020. Special Purpose Acquisition Companies Raise $77 Billion in IPOs in 2020

Saudi arabiaPurpose acquisition companiesSequoia capitalSaudi arabia tadawul stock exchange could seeSulaiman al habib medical services groupDoordash paySilicon valley focusedPurpose acquisition companies raiseTadawul stock exchange could seeHabib medical services groupசவுதி அரேபியாநோக்கம் கையகப்படுத்தல் நிறுவனங்கள்சீக்வோயா மூலதனம்சுலைமான் அல் ஹபீப் மருத்துவ சேவைகள் குழுதூர்தஷ் செலுத்தசிலிக்கான் பள்ளத்தாக்கு கவனம்

A New Pipeline for IPOs: Saudi Arabia

By Craig Mellow Order Reprints Print Article A virtual-reality experience at the Saudi Telecom booth at the GSMA Mobile World Congress 2019. David Ramos/Getty Images Text size Wall Street isn’t the only hot IPO market these days. In Saudi Arabia, a wavelet of new public offerings though they may not be DoorDash or Airbnb have yielded outsize returns, with more newcomers in the pipeline. Saudi Arabia? Really? The broader Saudi market has barely broken even this year, as oil prices swooned and Covid-19 forced the cancellation of the hajj, or pilgrimage to Mecca. But its biggest IPO, Amlak International for Real Estate

Al fujayrahUnited arab emiratesUnited statesSaudi arabiaAr riyaComunidad autonoma de catalunaSimon hendersonTarek fadlallahOsama alowediPratik khandelwalDavid ramos gettyBindawood holdingWashington instituteNahdi medical coSulaiman al habib medical services groupSaudi aramco