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RIYADH: UAE-based agritech Pure Harvest Smart Farms raised $180.5 million in its latest funding round by global investors including venture capital firm, IMM Investment Corp, and Saudi-based billionaire group, Olayan Group. The company will use its acquired funding to invest in research and development as well as expand into the Gulf Cooperation Council and Asia markets, Wamda
The new Greece-Saudi Arabia Business Council officially launched as part of the Foreign Ministry’s business mission in Riyadh
French luxury design house Hermès has signed a 71,757-square-foot lease at 550 Madison Avenue, in Midtown East, Manhattan.
The Paris-based designer is taking more than 71,000 square feet of offices at 550 Madison Ave.
RIYADH: The Suliman Saleh Olayan Foundation has established a new institute focusing on sustainability solutions for the water, food, and energy sectors in partnership with King Abdullah University of Science and Technology. Named after the late business leader and founder of Olayan Group, the Suliman S. Olayan Institute for Innovation aims to be a valuable entrepreneurship