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HashMove pacts with Indeal to launch integrated logistics platform
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Dec 18, 2025

HashMove pacts with Indeal to launch integrated logistics platform

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INFINIARC, Intel sign MoU to advance AI computing in Saudi Arabia
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Dec 18, 2025

INFINIARC, Intel sign MoU to advance AI computing in Saudi Arabia

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SDB to host DeveGo 2025 Entrepreneurship Forum in Riyadh
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Dec 18, 2025

SDB to host DeveGo 2025 Entrepreneurship Forum in Riyadh

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Hub71 startup Planys secures $12mn in primary funding
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Dec 18, 2025

Hub71 startup Planys secures $12mn in primary funding

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stc, HUMAIN establish JV to develop AI-focused data centers in Kingdom
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Dec 18, 2025

stc, HUMAIN establish JV to develop AI-focused data centers in Kingdom

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Premialab secures $220mn from KKR to fuel global expansion
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Dec 18, 2025

Premialab secures $220mn from KKR to fuel global expansion

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ITHCA deepens Oman–Saudi startup ties with new fund, series of initiatives
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Dec 18, 2025

ITHCA deepens Oman–Saudi startup ties with new fund, series of initiatives

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Wahba: I Squared Capital eyes $300mn Saudi infrastructure investments
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Dec 17, 2025

Wahba: I Squared Capital eyes $300mn Saudi infrastructure investments

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Elm finalizes strategic deal to increase stake in Sahl Almadar
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Dec 17, 2025

Elm finalizes strategic deal to increase stake in Sahl Almadar

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Gloventures, Riyadah Solutions unveil strategic investment to advance smart mobility solutions
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Dec 17, 2025

Gloventures, Riyadah Solutions unveil strategic investment to advance smart mobility solutions

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Made in Saudi 2025 witnesses closing 100 deals, global partnerships
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Dec 17, 2025

Made in Saudi 2025 witnesses closing 100 deals, global partnerships

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ARTAR, GARBE Industrial establish JV for logistics real estate developments
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Dec 17, 2025

ARTAR, GARBE Industrial establish JV for logistics real estate developments

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Mawani inks 3 strategic MoUs to accelerate Saudi export growth
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Dec 17, 2025

Mawani inks 3 strategic MoUs to accelerate Saudi export growth

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ASMO pacts with J.P. Morgan to develop supply chain financing solutions
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Dec 17, 2025

ASMO pacts with J.P. Morgan to develop supply chain financing solutions

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Egypt’s Fawry plans Saudi Market entry pending regulatory approval
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Dec 17, 2025

Egypt’s Fawry plans Saudi Market entry pending regulatory approval

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GACA offers Abha, Taif, Qassim, Hail airports for private sector
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Dec 17, 2025

GACA offers Abha, Taif, Qassim, Hail airports for private sector

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The Helicopter Company, Blacklane team up on luxury mobility
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Dec 17, 2025

The Helicopter Company, Blacklane team up on luxury mobility

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Edarat Group, Dell join forces to advance Saudi Multicloud adoption
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Dec 16, 2025

Edarat Group, Dell join forces to advance Saudi Multicloud adoption

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Stc, Ericsson sign five-year agreement to expand 5G capabilities
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Dec 16, 2025

Stc, Ericsson sign five-year agreement to expand 5G capabilities

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Saudi Exports signs strategic MoUs at Made in Saudi Expo 2025
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Dec 16, 2025

Saudi Exports signs strategic MoUs at Made in Saudi Expo 2025

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Riyadh becomes Middle East's first Global Active City
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Dec 16, 2025

Riyadh becomes Middle East's first Global Active City

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JLL acquires minority stake in PIF-owned FMTECH
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Dec 16, 2025

JLL acquires minority stake in PIF-owned FMTECH

Riyadh – Sharikat Mubasher: Saudi Arabia’s Public Investment Fund (PIF) and global real estate services firm JLL announced that JLL will acquire a significant minority stake in Saudi Facility Management Company (FMTECH), while PIF will retain a majority holding.According to an official joint press release, the transaction remains subject to customary closing conditions.Following the transaction, FMTECH is expected to benefit from JLL’s global operating expertise, digital facilities management platforms, and international network, supporting service quality, operational efficiency, and transparency across its delivery model. The move is also intended to accelerate knowledge transfer and the localization of advanced technologies within the Saudi facilities management sector.Established by PIF in 2023, FMTECH operates as a national integrated facilities management platform, serving PIF portfolio companies alongside public and private sector clients across the Kingdom. The investment is set to deepen JLL’s presence in Saudi Arabia and builds on its existing partnership with PIF.Saad Alkroud, Head of Local Real Estate Investment at PIF, highlighted that the deal aligns with PIF’s real estate strategy and its broader mandate to drive economic diversification and urban development.Meanwhile, Neil Murray, CEO of Real Estate Management Services at JLL, noted that the partnership combines global operational capabilities with strong local market insight to meet growing demand in Saudi Arabia’s expanding real estate and infrastructure landscape.

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Riyad Air signs MoU with Huawei to advance digital capabilities
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Dec 15, 2025

Riyad Air signs MoU with Huawei to advance digital capabilities

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iVoiceUp raises funds to boost AI Ethics and compliance techs
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Dec 15, 2025

iVoiceUp raises funds to boost AI Ethics and compliance techs

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RLC Global Forum launches new initiative to back Saudi retail sector
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Dec 15, 2025

RLC Global Forum launches new initiative to back Saudi retail sector

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Saudi Transport Sector attracts over SAR 280 bn in private investments
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Dec 15, 2025

Saudi Transport Sector attracts over SAR 280 bn in private investments

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