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Author Archives: enterpriseam admin
Posted inENERGY
Acwa Power is reportedly moving ahead with its second mega green hydrogen plant in Saudi
The new plant will have an electrolysis capacity of 4 GW and produce 400k tons of green hydrogen annually
Posted inREAL ESTATE
Eastern Province partners with Thai investors for a Global City in Dammam
The project’s first phase is estimated to cost SAR 200 mn
Posted inSTARTUP WATCH
Foodtech Calo closes USD 39 mn Series B extension round
The extension round brings Calo’s funding to USD 64 mn, exceeding its USD 50 mn target
Posted inEARNINGS WATCH
The earnings keep coming
Arabian Drilling’s net income falls 65%, pauses dividends
Posted inMOVES
Nedaa Al Mubarak tapped as CEO of SRMG Media Solutions
PLUS: HSBC appoints new co-head of CM and advisory
Posted inALSO ON OUR RADAR
China’s WeRide gets the green light to operate its Robotaxis in the Kingdom
PLUS- Aictec completes its acquisition of a 25% stake of Sign Max
Posted inPLANET FINANCE
Lower-than-expected tariffs and weaker USD prop up IMF’s global growth outlook
The outlook is marked by "tenuous resilience amid persistent uncertainty"
Posted inDIPLOMACY
Saudi, France rally global support for Palestinian statehood
The conference drew support from 125 countries and 50 ministries