The first cross-border connection outside the Gulf will link the GCC grid to Iraq
Author Archives: enterpriseam admin
Posted inMANUFACTURING
Eastern Province launches Toray Membrane factory
The plant will produce 300k reverse osmosis membranes a year for water desalination.
Posted inBANKING
Corporate credit risk across Saudi banks remains contained, S&P says
Listed Saudi companies have been consistently deleveraging since 2020
Posted inSTARTUP WATCH
Saudi startups ranked second in MENA for AI funding in 1H 2025, raising USD 96 mn
MENA startups secured USD 302 mn in AI funding in the six-month period
Posted inEARNINGS WATCH
Sadara Chemical Company falls deeper into the red in 3Q
Lower sales volumes and selling prices contributed to the downturn
Posted inMOVES
Red Sea International taps Hani Baothman as CEO, Managing Director
Baothman has over 25 years of experience, having worked in financial and real estate investment firms
Posted inKUDOS
Saudi Space Agency shines with four platinum awards at MarCom 2025
MarCom Awards is one of the world’s leading competitions in marketing and communications
Posted inALSO ON OUR RADAR
Al Kuzama Trading eyes a 30% stake in Twenty Four Beverages
Meanwhile, SenseTime MEA and King Saud University partnered to launch an AI Innovation Center in the Kingdom
Posted inPLANET FINANCE
Emerging market disinflation momentum outpaces developed nations, boosting local bonds
Some emerging market local bonds have delivered 20%+ returns in Egypt, Brazil, and others