Kingdom Holding Company Archives

Kingdom Holding Hits 10-Year High as SpaceX IPO Expectations Lift Stake Value

The Saudi investment firm’s combined SpaceX stake could be worth more than USD 10 billion if Elon Musk’s company reaches its targeted valuation. Saudi investors are getting a clearer picture of what a future SpaceX...

by WAYA Staff - Jun 1, 2026

Markets

EBRD Lowers 2026 Growth Outlook as Middle East Conflict Raises Energy Costs

Regional growth forecast falls to 3.1% as higher oil prices, inflation, and supply chain disruptions weigh on economies from Eastern...

by WAYA - Jun 4, 2026

Startups

CNTXT AI Acquires Actualize to Expand Arabic Voice AI Across the GCC

UAE-based AI company adds Actualize’s Arabic voice agent technology to strengthen sovereign AI offerings for enterprise and government customers CNTXT...

by WAYA Staff - Jun 4, 2026

Markets

The 2026 FIFA World Cup May Boost Tourism. But It Is Unlikely to Transform Economies

Mexico could see the biggest economic lift among hosts, while the United States is expected to experience only a modest...

by WAYA Staff - Jun 4, 2026

Money

Egypt Expands Currency Swap Deal with China to USD 4.4B

Three-year extension raises the agreement’s value by 67% as Cairo and Beijing deepen financial ties and broaden yuan usage in...

by WAYA Staff - Jun 4, 2026

Startups

Foras.AI Invests in Efham.ai to Launch an Arabic AI Learning Community

A generation of Arabic-speaking AI users is still being left behind by language barriers. Foras.AI is betting that Efham.ai can...

by WAYA Staff - Jun 3, 2026

Markets

Bahrain’s Alba to Acquire France’s Aluminium Dunkerque in USD 2.2B Deal

The Bahrain-based aluminium producer is expanding into Europe with the acquisition of France’s Aluminium Dunkerque, strengthening its position in the...

by WAYA Staff - Jun 3, 2026