Saudi Arabia bans poultry products from France to curtail flu virus contamination

Saudi Food and Drug Authority (SFDA) has prohibited the import of poultry meat, table eggs, and their products from the French regions of Landes, Pyrenees-Atlantiques and Gers, reports say. The move according to the SFDA is made after reviewing a Read more

Abu Dhabi-based Olive Rock Partners secures stakes in UEMedical

Olive Rock Partners, an independent private equity firm based in the Emirati capital of Abu Dhabi, has announced an unspecified investment in healthcare company UEMedical, reports say. The investment described by the firm as a “landmark deal” includes an affiliate Read more

Saudi Red Sea Farming lands $10m in seeds round for regional expansion

Red Sea Farming, a Saudi agriculture technology startup said Monday it raised $10 million in seeds round to be used for the expansion in the region and for improving facilities. The investors include Saudi Aramco’s (2222.SE) entrepreneurship arm Wa’ed, the Read more

Saudi Vision Fund to invest in local messaging company

Saudi Arabia’s Vision Fund is set to make an investment in a local messaging startup, representing the fund’s first investment in a local company, Arab News reports. Without giving more details the fund CEO Rajeev Misra told the media that Read more