Government & Public Sector

Expo signs its first venture

September 14, 2026

Expo 2030 Riyadh signed a SAR 3.2 billion joint venture agreement with Mohammad Al Habib Real Estate Co. to develop and deliver "Expo Village," an integrated residential community and the organiser's first joint venture. The project will comprise 2,300 residential units for about 5,500 residents, directly connected to the Expo 2030 Riyadh site via Expo Station, King Khalid International Airport and Riyadh's transport network.

Argaam

By choosing a SAR 3.2 billion joint venture instead of a standard construction contract, Expo 2030 Riyadh is sharing development risk with a partner rather than just purchasing a completed building. This approach suggests the village is designed to last beyond the event.

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Abdullah Alkherb
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Senior Partner

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Government & Public Sector
October 21, 2026
7.9%, top of the G20

The Ministry of Investment said Saudi Arabia leads 2027 growth forecasts among G20 countries at 7.9%, based on IMF data for October 2026, ahead of India at 7.0%, Indonesia at 5.1% and China at 4.0%. In the same IMF ranking, the US is forecast at 2.3% and the UK at 1.2%.

Argaam

Leading the G20 at 7.9% strengthens the case for patient capital, so investor-relations heads at Saudi listed companies should anchor their 2027 story to the IMF figure rather than to this month's share prices.

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Abdulrahman Al Mottahar
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Partner
Financial Services & Banking
July 21, 2026
Al Rajhi tops SR13.7bn

H1 bank profits: Al Rajhi SR13.76bn (+14.15%, highest of any lender), SNB SR13.02bn, Riyad SR5.26bn, Alinma SR3.27bn; total credit a record SR3.2tn, +16.2% YoY

Source: (Arab News)

The takeaway: Al Rajhi out-earned every bank and grew fastest; scale and speed together are rare, worth studying.

Abdullah Alkherb
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Senior Partner
Government & Public Sector
October 15, 2026
SAR 159.1 billion came in

Foreign direct investment inflows into Saudi Arabia rose 33.5% in 2025 to SAR 159.1 billion, from SAR 119.2 billion in 2024, GASTAT data show, while outflows rose 98.5% to SAR 77.7 billion, so net FDI rose only 1.7% to SAR 81.4 billion. By activity, construction drew the largest inflows at SAR 34.5 billion, followed by manufacturing at SAR 33.4 billion; by country, Luxembourg recorded the highest net inflows at SAR 24.4 billion, followed by the UAE at SAR 9.4 billion.

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Arab News

According to GASTAT, outflows mean foreign investors are reducing their stakes in Saudi companies by repaying loans, taking dividends, or exiting, rather than Saudi money leaving the country. Since net FDI is nearly unchanged, anyone presenting investment momentum to a board should focus on the net figure instead of just the inflow.

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Abdullah Alkherb
|
Senior Partner

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