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The offer price will see the car lessor raise SAR 252 mn from the IPO, implying a market cap of SAR 840 mn at listing, according to our calculations
Author Archives: enterpriseam admin
Posted inDEBT WATCH
Alinma Bank closes USD 500 mn Tier 2 sukuk sale
Settlement is slated for Monday, 10 November.
Posted inSTARTUP WATCH
Bonat raises SAR 23 mn in a series A funding round
The funds will be used to enhance Bonat’s AI capabilities, launch personalized campaign automation, and expand into new sectors
Posted inEARNINGS WATCH
Savola, SEC, Budget Saudi, and more report 3Q earnings
Savola Group’s saw its net income soar 113% y-o-y to SAR 385.6 mn
Posted inMOVES
EFG Hermes taps Christopher Laing to lead equity capital markets
Liang boasts 30 years of expertise, having held senior roles at Deutsche Bank and HSBC
Posted inALSO ON OUR RADAR
Saudi-born SPICE debuts to shake up dining and restaurant funding
ALSO: ESL FACEIT opens new esports HQ in Riyadh
Posted inPLANET FINANCE
The decentralized finance market faces mounting cyber threats
Crypto thefts hit USD 2.2 bn in 1H 2025 as hackers exploit weak security across decentralized finance platforms
Posted inCALENDAR
NOVEMBER 1-8 November (Saturday- Saturday): WTA Tour Finals, Riyadh. 5-6 November (Wednesday-Thursday): Digital Government Forum, JW Marriott Hotel in Riyadh 5-8 November (Wednesday-Saturday): Biban Forum 2025, Riyadh Front Exhibition and Conference Center. 5-9 November (Wednesday-Sunday): Jewellery Salon Expo, Riyadh. 7-8 November (Sunday-Monday): The Visual Arts Commission will conclude its Art & Ideas program with a […]
Posted inWHAT WE’RE TRACKING TODAY
Crown Prince to visit Washington for defense, nuclear talks
PLUS: UBP launches Riyadh operations, names Mishal Al Hawas CEO