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PLUS: UAE businesses plan to double down on Saudi Arabia, HSBC survey shows
Author Archives: enterpriseam admin
Posted inIPO WATCH
Almasar Education’s IPO draws strong demand with orders exceeding SAR 60 bn
The institutional tranche of the offering closed 102.9x oversubscribed with orders totaling SAR 61.6 bn
Posted inIPO WATCH
Alramz to take 30% stake to Tadawul
SNB Capital is quarterbacking the transaction
Posted inENERGY
GCC Interconnection Authority to invest USD 3.5 bn in grid link over the next decade
The first cross-border connection outside the Gulf will link the GCC grid to Iraq
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