Good morning. It seems we’re taking a breather from the fast pace of news over the past few weeks, which gives us a chance to look at Sama’s data on the banking sector in September, and how Tadawul’s main market performed in October. The debt market is not slowing down though, with banks tapped for […]
Author Archives: enterpriseam admin
Posted inBANKING
Net foreign assets’ surplus shrinks to SAR 1.45 tn in September
Sama’s net foreign assets ended September with a surplus of SAR 1.6 tn
Posted inCAPITAL MARKETS
Tadawul edges up 1.3% in October, narrowing its YTD loss to 3.2%
Total market cap hit SAR 9.67 tn by the end of October.
Posted inDEBT WATCH
Avilease, GIB tap banks for USD issuances + Alinma, Cenomi Centers are joining the sukuk rush
The aircraft lessor picked Citigroup and Mitsubishi UFJ as joint global coordinators
Posted inLOGISTICS
GFH uptakes new SAR 200 mn logistics portfolio in Riyadh’s Industrial District
The acquisition marks the asset manager’s fourth logistics asset in the Kingdom
Posted inSTARTUP WATCH
Fintech startup Stream secures USD 4 mn in a seed funding round
The funds will be used to expand Stream’s product development efforts and enhance its user experience and internal systems
Posted inEARNINGS WATCH
More and more 3Q earnings are rolling in
STC’s net income fell 11.5% y-o-y to SAR 4.1 bn