Author Archives: enterpriseam admin
Posted inIPO WATCH
Altwijiri Trading prices Nomu IPO at SAR 25 per share
The offer price values the company at SAR 125 mn at listing and will see it raise some SAR 25 mn in proceeds
Posted inDEBT WATCH
Banque Saudi Fransi wraps SAR 2.5 bn AT1 sukuk issuance
The perpetual sukuk offering carries a 6.4% annual return
Posted inCAPITAL MARKETS
REIT market poised for long-term growth in Saudi -S&P
The emerging REIT sector saw a jump in REIT listings on Tadawul’s main market and parallel markets with a total of 19 public offerings
Posted inEARNINGS WATCH
Kingdom Holding, Seera, and more publish 3Q earnings
Kingdom Holding’s net income went up nearly 130% y-o-y in 3Q to SAR 794.5 mn
Posted inMOVES
DHL taps Tobias Maier as Middle East and Africa CEO
Maier succeeds Amadou Diallo after 8 years as CEO.
Posted inALSO ON OUR RADAR
Fakeeh Hospital eyes majority stake in Al Fagih Hospital, Dallah Healthcare set to exit
Meanwhile, WSM pulled the brakes on its Cyber Zone takeover
Posted inPLANET FINANCE
Millennials set to pour more money into private markets, and MidEast will be leading the charge
Younger investors are driving a new wave of private capital growth, with the Middle East emerging as a key investment hub
Posted inDIPLOMACY
Saudi, Kuwait strengthen ties with MoUs + Talks with Canada on foreign investment agreement kicks off
ALSO: The Kingdom and Canada reactivated the Joint Economic Commission