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The company is set to have raised SAR 18 mn in proceeds, giving it a market cap of SAR 90 mn at listing, according to our calculations
Author Archives: enterpriseam admin
Posted inCAPITAL MARKETS
Capital markets cool in 2Q as equity flows slow, debt stalls
Institutions held 95.2% of the SAR 8.7 tn total market value in 2Q
Posted inREGULATION WATCH
Gov’t redefines social impact investment rules
Certificates are valid for three years, with annual performance reporting mandatory
Posted inALSO ON OUR RADAR
Osool and Bakheet waive preferential terms with AOTC shareholders
ALSO- Flynas adds three-weekly direct flights from Jeddah to Kuwait as of 1 November
Posted inPLANET FINANCE
Nvidia’s earnings out later today could make or break the AI trade
The AI giant ranks as the world’s most valuable company by market capitalization
Posted inCALENDAR
26-28 August (Tuesday-Thursday): Franchise Go Forum, Siraj Convention Center, Riyadh. 24 August-27 November: Title deed registration for 8.7k properties in Jeddah’s Al Sheraa and Al Amwaj neighborhoods. 27 August-3 September (Wednesday-Wednesday): Rawabi Marketing International IPO retail subscription period. 31 August (Sunday): Deadline for companies with SAR 40 mn in revenues from goods and services during […]
Posted inWHAT WE’RE TRACKING TODAY
Humain Chat, Saudi’s Arabic AI app, is now live
PLUS: Esports World Cup wraps up with 3 mn visitors
Posted inTRADE
Non-oil exports up in 2Q + trade balance down to lowest level since pandemic
Oil exports are still on a downward trend