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Author Archives: enterpriseam admin
Posted inSports
The Kingdom hosts its first ATP Masters 1000
The event is set to be a one-week, non-mandatory tournament featuring a 56-player draw on outdoor hard courts
Posted inM&A WATCH
Sisco-backed GDI to acquire 100% of Transcorp International for SAR 229.8 mn
Transcorp will merge its UAE and Qatar operations into GDI’s logistics arm, Elite Co.
Posted inMINING
Sabco, Bechtel Australia tapped for new Maaden gold mine
The 3.6 mn-ounce mine is set to produce 300k ounces annually
Posted inREAL ESTATE
Riyadh’s “metro premium” lifts residential prices by up to 78% -Knight Frank
Every 100m from the station cuts residential value by SAR 19 per sqm
Posted inSTARTUP WATCH
Wa’ed Ventures leads pre-Series A funding for US biotech firm Kure Cells
The round saw participation from Kingdom’s Qomel Company, US-based NantBio, and US93
Posted inEARNINGS WATCH
Saudi Awwal Bank, Electrical Industries post 3Q earnings
SAB’s net income rose 13.9% y-o-y to SAR 2.1 bn, while Electrical Industries’ jumped 32.7% y-o-y to SAR 161.1 mn