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Non-oil activities saw the strongest growth, expanding 4.7% y-o-y
Author Archives: enterpriseam admin
Posted inECONOMY
Saudi plugs budget gap with spending brake in 2Q 2025
Non-oil revenue saw a modest rise, but falling oil receipts continued to pressure overall income
Posted inECONOMY
GDP growth to remain strong until 2028 despite deficits -S&P
Saudi banks are expected to play larger role in the Kingdom’s financing
Posted inENERGY
Acwa Power-led consortium secures financing for two IPP projects
Acwa Power and Saudi Electricity Company (Sec) will each hold a 35% stake, while Kepco will obtain the remaining 30%
Posted inIPO WATCH
Rawabi Marketing is coming to Nomu
The subscription period is due to kick off on Wednesday, 27 August
Posted inEARNINGS WATCH
Acwa Power, Elm, Saptco, Yamama Cement report 2Q earnings
Acwa Power saw its net income fall 23.6% y-o-y to SAR 481.8 mn in 2Q 2025
Posted inALSO ON OUR RADAR
Almarai finalizes SAR 1 bn takeover of Pure Beverages
ALSO: Dammam adds 162 new industrial units to fire up SME growth
Posted inPLANET FINANCE
MENA PE activity cools down in 1H 2025 — but it’s mostly good news amid signs of a maturing market -Magnitt
Some 29 transactions totaling USD 2.88 bn were recorded in the first half of the year