HUMAIN is seeking a fund with an initial target of $2.5 billion to finance 250-megawatt data centres being built with Al Moammar Information Systems, with capacity that could eventually rise to 1 gigawatt. BSF Capital manages the fund, Saudi Investment Bank is soliciting investors, and Capital Market Authority approval is expected to take 2 to 3 months, with financing structured as a mix of debt and equity.
Raising a dedicated fund, instead of using the balance sheet, positions data centre capacity as an investable asset class, with debt and equity allocated to external investors.
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Four billion dollars, free
Adobe, the Ministry of Communications and Information Technology and HUMAIN signed a partnership valued at more than $4 billion, giving more than 27 million citizens and residents aged 13 and above free access to Adobe Firefly Standard and Express Premium for 12 months. The agreement covers a culturally-tailored image generation model, Arabic right-to-left support, and free access for eligible startups through CODE and The Garage from early 2027.
$4 billion worth of software given to 27 million people is really a distribution strategy, not a donation. Adobe is securing its user base before anyone else can shape what creative tools look like in Arabic.
What the 49% ceiling costs
Morgan Stanley estimates that raising Saudi Arabia's 49% foreign ownership ceiling to 75% would draw about $4.3 billion in passive inflows, and that removing the cap entirely would draw about $7.4 billion. Saudi Arabia is the last major Gulf market keeping a blanket 49% limit.
The difference between $4.3 billion and $7.4 billion represents the cost of fully removing the cap. Most passive funds are released when the ceiling is eliminated, rather than when it is raised to 75%.
765,000 came for the falcons
The Saudi Falcons and Hunting Exhibition 2026 closed after receiving 765,000 visitors in 10 days at the Riyadh Exhibition and Convention Center in Malham, with 1,450 exhibitors and brands on 200,000 square metres. A Mongolian falcon sold for SAR 1.4 million, the highest price in the auction's history, and auction sales exceeded SAR 7 million; the Al-Malwah race carried SAR 723,000 in prizes.
765,000 visitors alongside a single SAR 1.4 million falcon shows the exhibition serves a mass audience and a high-spending niche at the same time.
