RIYADH: As technology transforms the world from physical to digital, the retail industry, digitally known as e-commerce, has been one of the most rapidly changing sectors in the Middle East and North Africa. The e-commerce industry in the MENA region is estimated to be valued at $31 billion in 2021 and will reach over $50 billion by 2025. In this edition, Arab News has
RIYADH: Jada, the Fund of Funds Company, a subsidiary of the Public Investment Fund, has become an anchor investor in global investment firm Energy Capital Group’s new fund. The new fund is the result of a merger between ECG and Cayan Holdings. It aims to acquire companies and create “national champions” in energy and energy-related technologies, according to a statement on
Jada Fund of Funds, wholly owned by the Public Investment Fund (PIF), has become the anchor investor of Saudi Arabia-based Energy Capital Group’s (ECG) new fund.