A leadership shuffle amid BlueFive’s acquisition as GGI resets capital
Author Archives: enterpriseam admin
SAB doubles down on gigaproject lending with SAR 6.4 bn AlBawani financing
Saudi Awwal Bank (SAB) signed a SAR 6.4 bn bilateral financing agreement with PIF-backed Albawani, according to a press release. Why this matters: A corporate facility of this size would typically be syndicated across several banks to spread risk exposure. SAB taking the full financing onto its balance sheet signals the bank is leaning further […]
MAY 24-28 May (Sunday-Thursday): Eid Al Adha holiday. JUNE 15-17 June (Monday-Wednesday): Aluminum Arabia, The Arena, Riyadh. 21-24 June (Sunday-Wednesday): Saudi Food Exhibition and Conference, Riyadh Front Expo. 21-24 June (Sunday-Wednesday): Saudi Print & Pack, Riyadh International Convention & Exhibition Center. 21-24 June (Sunday-Wednesday): Riyadh International Industry Week, Riyadh International Convention & Exhibition Center. 21-24 […]
THIS MORNING: Humain eyes SAR 20 bn Goldman-advised package for riyadh data centers
Alinma Bank is looking to tap USD debt markets for the second time this month
Residential real estate sales plunge in 1Q on affordability, war uncertainty
An ongoing affordability squeeze already had buyers on the fence, regional conflict froze them there
Funding gaps, portfolio pivots, and AI’s shift in MENA venture capital
The retreat of global investors such as SoftBank and General Atlantic has left a noticeable funding gap