‎Al Waha REIT additional offering 109.6% covered, raises SAR 24.9M
12 Aug
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‎Al Waha REIT additional offering 109.6% covered, raises SAR 24.9M

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Logo of Alwaha REIT FundWasatah Capital, the fund manager of Alwaha REIT Fund’s offering, announced the successful completion of the additional offering to increase the fund’s gross asset value (GAV), aimed at acquiring new real estate assets, according to a statement to Tadawul. For more news on listed companies The total subscription proceeds reached SAR 24.93 billion, excluding in-kind contributions, with a 109.64% coverage ratio. Unit allocation was completed as per the terms and conditions outlined in the supplement (1) of the fund’s terms and conditions. Priority was given to existing unitholders registered on the day of the unitholders’ meeting, followed by other investors based on their respective categories and participation levels. Refunds for excess subscription amounts will be processed within 15 business days from the end of the offering period. The...
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Best smart speakers & displays: 12 top picks for smart homes

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Image: Rob Schultz / IDGA smart speaker makes for an easy first step into smart home technology. Before you kit out your house with thousands of dollars of lighting and security upgrades, you can familiarize yourself with voice-assistant technology while enjoying music, podcasts, and news in a hands-free home environment. Here are our top picks in several categories. If you want information about smart speakers in addition to our top recommendations, scroll down the page to read our in-depth buyers’ guide.Amazon Echo Spot (2024) – Best smart speaker for most people ProsUltrasonic motion detection can trigger Alexa routinesBright, easy-to-read display Can be used as a home intercom (with other Echo speakers)ConsNo camera Can’t stream video, photos, or security camera feeds Not great for music listening Price When Reviewed:$79.99Best Prices Today: $79.99 $79.99 $79.99 $79.99Who should buy the Amazon...
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World’s first ultra-fast PCIe 6.0 SSD arrives, but it’s not for you

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Image: MicronMove over, PCI Express 5.0! Micron has shipped the first PCI Express 6.0 SSD, ramping up read and write speeds to unprecedented levels. The bad news? It’s not for PCs. This week, Micron shipped the Micron 9650 SSD, the world’s first PCIe 6.0 SSD, designed for AI training and inference workloads. Unfortunately, those tasks take place in AI data centers, not home PCs. Micron will ship the drive in both a PRO (read-intensive) and MAX (write-intensive) configuration, with capacities ranging from 6.4TB to 30.72TB, depending on which flavor a customer buys. Technically, the drives use a PCI Express 6.2 interface, connecting to Micron’s six-plane, ninth-generation (G9) flash memory. The kicker, though, is the performance. The Micron 9650 SSD family performs sequential reads of 28,000 MB/s and sequential writes of 14,000 MB/s (which is 100 percent higher and...
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