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Author Archives: enterpriseam admin
Posted inENERGY
Qurayyah IPP expansion hits financial close
The financing saw secured from local, regional and international lenders
Posted inDEBT WATCH
Banque Saudi Fransi kicks off fresh AT1 sale, set to call SAR 5 bn sukuk in November
The planned issuance falls under its SAR 8 bn AT1 capital sukuk program
Posted inBANKING
Banks report healthy growth in 2Q -Alvarez & Marsal
The growth was driven by higher non-interest income and a more measured pace of lending and deposit expansion
Posted inSTARTUP WATCH
Kliq bags in SAR 2.25 mn in seed funding led by Sanabil Venture Studio
Kilq will use the fresh funds to boost the growth of its AI tools
Posted inMOVES
Yousef Al Benyan reappointed as chairman of SME Bank
Al Benyan will serve a new three-year term
Posted inALSO ON OUR RADAR
Sidc to raise SAR 165 mn via rights issue at SAR 10 apiece
Al Majed Oud, Al Fakhera Men’s Tailoring secure Shariah-compliant credit facilities
Posted inPLANET FINANCE
First Brands’ fallout sparks alarm in USD 2 tn leveraged loan market
First Brands issued over USD 5 bn in loans, which are now trading at cents on the dollar, with a USD 4 bn estimated loss