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The company’s top line grew 35% y-o-y to SAR 6.2 bn
Author Archives: enterpriseam admin
Posted inALSO ON OUR RADAR
Hilton is building 50 hotels in the Kingdom
ALSO: Education Ministry + Tuwaiq Academy to establish five tech schools across the Kingdom
Posted inPLANET FINANCE
Hedge fund inflows rise to decade-high in 2Q
Hedge funds delivered a 4.3% average return in 2Q 2025
Posted inCALENDAR
JULY 8 July-24 August (Monday-Sunday): Esports World Cup, Riyadh. 29-30 July (Tuesday-Wednesday): US Federal Reserve Open Market Committee meeting. 31 July (Thursday): Deadline for companies with SAR 2.5 mn or more in 2022/2023 revenues to integrate e-invoicing solutions with Fatoora. 31 July (Thursday): Deadline for companies with SAR 40 mn in revenues from goods and […]
Posted inWHAT WE’RE TRACKING TODAY
Elon Musk's xAI eyes the Kingdom’s data centers + Is Neom considering laying off, relocating employees?
PLUS: Gas Arabian Services is mulling a move to TASI
Posted inInvestment Watch
Aramco’s Jafurah gas project to get USD 10 bn from BlackRock-led consortium?
Replicating its 2021 strategy, Aramco will raise funds by offering a minority stake in exchange for tariffs
Posted inCAPITAL MARKETS
Acwa Power raises SAR 6.9 bn from rights issue + steps into Senegal with largest desalination project in West Africa
The renewables giant will run a rump offering of about 1.3 mn unsubscribed shares
Posted inInvestment Watch
Project awards stumble in 2Q
The Kingdom holds over half of the GCC’s unawarded project pipeline