Saudi Arabia's Public Investment Fund is weighing a deal to combine the mobile phone infrastructure of Saudi Telecom Co. and Zain Saudi Arabia "in a merger that would form the kingdom’s largest cellular towers company," people familiar with the plans told Bloomberg.
Saudi Arabia's stock exchange, the Tadawul, is in talks to recast its small-cap market, called Nomu, as a hub for the Middle East’s burgeoning startup industry," people familiar with the matter told Bloomberg.
