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Consumer benefits marketplace Thriwe is entering the Saudi Arabian market with investment from Al Multaq. The multi-billion-dollar conglomerate will fund Thriwe s launch and operations in the country. Thriwe provides loyalty and rewards programmes for companies operating in sectors such as travel and entertainment. The Indian firm has partnered in the past with private banks, card networks and luxury lifestyle brands. ....
As part of the partnership, Al Multaq has invested an undisclosed amount in Thriwe to support the latter’s regional launch and operations. The company aims to generate around $100 million of revenue from the Saudi market over the next three years. ....
NEOM announced on Tuesday that it has finalized contracts with investors for the first phase of its residential communities’ expansion, a social infrastructure project that will house the region’s growing workforce. The agreement amounts to a total value of over SAR 21 billion, making it one of the largest international public-private partnerships for accommodation. ....
NEOM, a mega project being built from the ground up as a living laboratory in in northwest Saudi Arabia on the Red Sea, has finalised contracts with investors for the first phase of its residential communities’ expansion. ....