Latest news with #privateinvestment
Zawya
2 days ago
- Business
- Zawya
Oman: Construction of Al Ashkhara Waterfront Project begins
Jalan Bani Bu Ali – Construction of the Al Ashkhara Waterfront Project, a major coastal development aimed at boosting tourism and economic activity in the wilayat of Jalan Bani Bu Ali, South Sharqiyah started on Sunday. Laying the foundation stone, Dr Yahya bin Badr al Maawali, Governor of South Sharqiyah, said the project is part of broader efforts to develop the governorate's natural assets in line with Oman Vision 2040. He noted that it is designed to enhance tourism infrastructure while supporting sustainable urban growth and private sector investment. The development will upgrade the Al Ashkhara coastline using a modern urban design that preserves the area's environmental character. The site will feature a mix of public and commercial facilities, including sea-facing restaurants and cafés, green spaces, pedestrian and cycling paths, and dedicated leisure areas. Covering 74,172sqm, the project includes a built-up area of 4,140sqm with design inspired by local architecture. Additional amenities will include watchtowers, rest areas, children's play zones, multi-use shaded structures, security units and public toilets. The development is expected to offer investment opportunities for local entrepreneurs and small businesses. Officials said the project will boost Al Ashkhara's potential as a tourism destination and help integrate infrastructure upgrades with wider economic objectives in the governorate. The foundation laying was attended by several walis, members of Majlis A'Shura and State Council, municipal council representatives and government officials. © Apex Press and Publishing Provided by SyndiGate Media Inc. (
Asharq Al-Awsat
23-07-2025
- Business
- Asharq Al-Awsat
Riyadh, Damascus Build Economic Bridge with Private Sector Boost
Saudi Arabia has begun issuing fast‑track travel permits for Saudi and Syrian businesspeople, a move officials say is designed to jump‑start private‑sector investment and help rebuild Syria's war‑scarred economy. The Saudi embassy in Damascus said on Tuesday that an online portal is now live for entrepreneurs and investors from both countries to obtain entry licenses, enabling reciprocal visits and on‑the‑ground due diligence. The step follows months of high‑level Saudi diplomacy that culminated in US president Donald Trump announcing the lifting of US sanctions on Syria during a visit to Riyadh earlier this year. According to Saudi officials, Prince Mohammed bin Salman, Saudi Crown Prince and Prime Minister, pressed the case for easing restrictions. 'Riyadh's practical measures to support Syria are speeding up,' Fadl al‑Buainain, a member of Saudi Arabia's Shura Council, told Asharq al‑Awsat. 'Opening the door for business travel lets investors scout opportunities, restore long‑severed ties and push economic activity on solid, development‑focused foundations backed by the state.' Al‑Buainain said Damascus' pledge to pursue free‑market reforms, including privatizing state firms, would create openings for Saudi companies, particularly in energy, water, tourism and airport projects. Economist Ahmed al‑Jubeir said the permits 'signal Saudi facilitation for investors eager to enter the Syrian market' and could boost bilateral trade and deliver 'new, high‑quality projects.' Saudi officials frame the initiative as part of a broader strategy that weds political outreach to economic leverage. A Saudi foreign‑minister‑led delegation visited Damascus earlier this year, followed by a private mission of Saudi financiers. 'Economic recovery is the launch‑pad for comprehensive development,' al‑Buainain said, arguing that growth would shore up national unity and regional security. He urged Damascus to keep overhauling investment rules to give the private sector 'legal safety and clarity'. The embassy announcement comes days after Syrian President Ahmed al‑Sharaa received a Saudi business delegation led by Mohammed Abunayyan and Sulaiman al‑Muhaidib at the presidential palace in Damascus, where the two sides explored joint ventures across multiple sectors. Analysts say Riyadh views economic engagement as a key plank of its Vision 2030 agenda to stabilize the Middle East through development. With Gulf interest in Syria rising, al‑Jubeir said opening travel channels was 'not just procedural— it's an economic pivot that underlines how Vision 2030 links regional stability to inclusive, sustainable growth.'
Yahoo
21-07-2025
- Business
- Yahoo
Signal Rock Capital Launches to Invest in Lower Middle-Market Industrial, Consumer, and Healthcare Service Companies
Firm targets control investments in essential service and manufacturing businesses with $2–$30 million in revenue and $1–$3 million in EBITDA. WEST PALM BEACH, Fla., July 21, 2025 /PRNewswire/ -- Signal Rock Capital, a private investment firm built to partner with gritty, founder-led companies in overlooked corners of the economy, has officially launched operations. Co-founded by Sam Hafermann and Grant Husted, Signal Rock focuses on buying and building essential businesses across four core verticals: B2B Industrial – Distribution, manufacturing, fire & life safety, pest control, commercial towing, and landscaping. Infrastructure Services – OSHA consulting, paving & striping, backflow prevention, traffic control, loading dock maintenance, and tree trimming. Consumer Services – Vacation rental maintenance, health & wellness, and 4-wall consumer. Healthcare Services – Outsourced MRI, scanning, and diagnostic testing. The firm targets control investments in companies generating $2–$30 million in revenue and $1–$3 million in EBITDA. "We started Signal Rock to be the kind of investor we'd want if we were in the owner's shoes," said Hafermann. "No spreadsheets-for-brains. No three-year flip plans. Just a real partnership — grounded in trust, long-term thinking, and a deep respect for what it takes to build something that matters to its customers." Before founding Signal Rock, Hafermann and Husted worked together at L2 Capital, a family office based in Devon, PA and Miami, FL with a 4x realized track record since 2010. The two founding partners have led or supported more than 30 transactions across the industrial, niche manufacturing, and business service sectors. sig•nal rock noun: A fixed structure with a powerful light used to guide ships safely to shore. Calm, visible, and dependable in stormy conditions. Signal Rock is named after coastal lighthouses that guide ships through chaos — reliable markers in moments of uncertainty. That's the firm's aspiration: to be steady in the storm and deeply embedded in the journey. About Signal Rock: Signal Rock Capital is a principal investment firm focused on acquiring and growing founder-led industrial, specialized service, manufacturing, and four-wall consumer businesses. The firm is currently evaluating several platform opportunities and is actively meeting with owner-operators seeking growth, succession, or a thoughtful recap. The firm brings operational horsepower, flexible structuring, and long-term alignment to every potential transaction. To learn more, visit Media Inquiries: press@ View original content to download multimedia: SOURCE Signal Rock Capital Sign in to access your portfolio
Yahoo
17-07-2025
- Business
- Yahoo
Parvis Expands National Advisor Network Amid Growing Demand for Private Market Access
Three New Saskatchewan-Based Dealing Representatives Signal Momentum as the Platform Reaches Over 40 Advisors Vancouver, British Columbia--(Newsfile Corp. - July 17, 2025) - Parvis Invest Inc. (TSXV: PVIS) ("Parvis") a technology-powered private investment platform, announced today the continued growth of its national distribution network with the addition of three experienced Dealing Representatives (DRs) based in Saskatchewan. The appointments mark a strategic push across Canada as investor appetite for private real estate and alternative investment products continues to grow. With over 40 licensed Dealing Representatives now on the Parvis platform and a strong pipeline of new advisors, the Company continues to grow its national footprint across major Canadian markets including Vancouver, Calgary, Winnipeg, Toronto, Montreal, and Halifax. The latest additions include Larry Scammell, Shayne Shepherd, and Jane Button of Kohr Wealth Management in Saskatoon, who have recently joined Parvis to expand its national presence. These advisors bring decades of combined experience in exempt market investments, financial planning, and capital raising. Their onboarding reflects Parvis' commitment to working with seasoned professionals who understand how to navigate investor goals across varying market cycles. "As Canada's private capital market continues to mature, trusted distribution remains a critical success factor," said David Michaud, Founder and CEO of Parvis. "We're proud to welcome advisors who bring strong investor relationships and a disciplined approach to capital markets, qualities that matter even more in today's more selective fundraising environment." This advisor expansion comes at a pivotal time. With credit tightening and new project launches slowing, capital is increasingly scarce yet the demand for quality private investment opportunities remains strong. Parvis' advisor-led model ensures investors have access to expert guidance and curated offerings, while providing issuers with a compliant, efficient capital-raising channel. Parvis DRs are licensed professionals registered with Canadian securities regulators, authorized to distribute exempt market products. Backed by the Parvis platform's integrated compliance, deal structuring, and marketing tools, they're able to scale their advisory practices while enhancing access to private market opportunities for a broader segment of Canadian investors. Parvis also remains the only private investment platform in Canada to offer a dedicated DR Insurance Program and lead generation services, supporting its commitment to advisor success and long-term distribution strength. For more information about becoming a Dealing Representative or to explore Parvis' investment offerings, visit About the Company Parvis is a technology-driven investment platform dedicated to democratizing access to institutional-quality opportunities. Utilizing AI and blockchain technology, Parvis streamlines the investment process, making it more accessible and efficient. Headquartered in Vancouver, Parvis operates with experts in Toronto, Vancouver, Kelowna, and Montreal. For more information, visit and SEDAR+. Cautionary Statement Regarding Forward-Looking Information This news release contains "forward-looking information" and "forward-looking information" within the meaning of applicable securities laws (collectively, "forward-looking statements") within the meaning of Canadian securities legislation. Forward-looking information generally refers to information about an issuer's business, capital, or operations that is prospective in nature, and includes future-oriented financial information about the issuer's prospective financial performance or financial position. Forward-looking statements are often identified by the words "may", "would", "could", "should", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" or similar expressions and includes information regarding: execution and integration of the investment offerings; and the Company's business plans and role in the investment industry. To develop the forward-looking information in this news release, the Company made certain material assumptions, including but not limited to: prevailing market conditions; general business, economic, competitive, political and social uncertainties; and the ability of the Company to execute and achieve its business objectives. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Actual results may vary from the forward-looking information in this news release due to certain material risk factors. These risk factors include, but are not limited to: adverse market conditions; changes in general economic, business and political conditions; changes in applicable laws and regulations; compliance with extensive government regulation; reliance on key and qualified personnel; risks associated with the real estate, investment, and technology industries in general. The foregoing list of material risk factors and assumptions is not exhaustive. The Company assumes no obligation to update or revise the forward-looking information in this news release, unless it is required to do so under Canadian securities legislation. Neither the Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release does not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction. For further information:David Michaud, CEO, Parvis Invest david@ 1-844-487-4866 For media inquiries, please contact: Katie Green, August Strategy. Email: katie@ Follow us on social media: Instagram: @ParvisInvestFacebook: ParvisInvestLinkedIn: Parvis To view the source version of this press release, please visit Sign in to access your portfolio
Argaam
09-07-2025
- Business
- Argaam
SAB Invest launches private credit fund with initial investments of over SAR 300M
Logo of SAB Invest SAB Invest announced the launch of SAB Invest Multi-Strategy Private Investment Fund I, which is aimed at delivering high, recurring income to investors through investing in a diversified portfolio of private credit opportunities across Saudi Arabia, the GCC, and the MENA region. Ali Almansour, Managing Director and CEO of SAB Invest, said the fund aims to raise SAR 1 billion in total commitments over a period of 6-12 months, noting that over SAR 300 million in initial investments have already been raised since obtaining approval from the Capital Market Authority (CMA) last month. He emphasized that the fund features a comprehensive Shariah-compliant structure, offering an innovative and distinctive investment opportunity that has attracted significant client interest — as reflected in the strong demand seen since the announcement. Almansour noted that SAB Invest seeks, through this product, to provide high-quality, diversified investment solutions, designed to meet the evolving goals of its clients and support their financial strategies throughout different stages of their investment journeys. Osama Alowedi, Chief Investment Officer at SAB Invest, said the fund establishment plan has started began nearly a year ago, with the goal of developing a product that meets market needs and aligns with investor aspirations. Alowedi indicated that private credit solutions provide an effective addition to the financing landscape through offering customized solutions and greater efficiency in terms of time and cost. He stressed that what distinguishes this type of financing is its flexibility and ability to adapt to companies' specific needs. Further, Alowedi noted that the Saudi and Gulf economies are undergoing rapid transformation, driven by digitization and sectoral diversification. This shift requires more versatile and flexible financing solutions, particularly for sectors based on technologies and services, where private credit offers suitable alternatives aligned with this direction. He pointed out that several founders and business owners see real value in private credit solutions, due to the deep engagement and understanding fund managers offer, going beyond the traditional asset-valuation based lending model. The fund's preparatory phase involved the development of a pipeline of well-vetted investment opportunities, alongside the establishment of robust risk management frameworks to support fund deployment and enhance the potential for sustainable growth. Initial subscriptions to the fund came from a diverse base of SAB Invest clients, including institutional investors, family offices, asset managers, and high-net-worth individuals. Regarding the fund's target investment categories, SAB Invest explained that it will focus on listed and unlisted sukuk issued by small and medium-sized enterprises (SMEs), debt investments in high-growth tech companies, structured debt for mid-sized enterprises, and infrastructure debt instruments. The company expects the fund to deliver an annual return of 12%-13% to investors where 10%-11% of that to be distributed on a quarterly basis. SAB Invest added that the fund's investments will be secured by a range of guarantees and assets, including real estate mortgages, share pledges, and cash reserves. The fund's board of directors includes independent members to oversee investment governance.
