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Author Archives: enterpriseam admin
Posted inECONOMY
Fitch maintains the Kingdom’s credit rating at A+ with stable outlook
The report balances a healthy banking sector and a buoyant non-oil economy against widening fiscal and current account deficits driven by lower oil prices
Posted inECONOMY
Oil exports fall to four-year low in May, non-oil exports marginally down
Oil’s share of total exports dropped to 65.6%
Posted inInvestment Watch
Saudi companies sign SAR bns in agreements with Syria’s businesses
The real estate sector took the largest bite of the investments with over SAR 7.2 bn in agreements
Posted inREGULATION WATCH
Non-Saudis to buy Saudi property — under a few conditions
The law comes with specific restrictions based on location, property type, and usage
Posted inDEBT WATCH
Sab taps sukuk market for SAR 2 bn
The sukuk offer a 6.3% annual return with no fixed maturity date
Posted inEARNINGS WATCH
Bank AlJazira, Alinma Bank and more post 2Q earnings
PLUS: Jamjoom Pharma | Sadafco | Electrical Industries | East Pipes
Posted inMOVES
East Pipes taps Mohamed Saleh Draweesh as acting CEO
Draweesh has over 25 years of experience in finance