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Author Archives: enterpriseam admin
Salama, Enaya seal SAR 234.3 mn merger agreement amid Saudi ins. sector shakeout
The agreement values Enaya at a 9.5% premium to its last closing price before the signing
Haddaj to invest SAR 70 mn in FAAD Industrial Fund
The fund is sized at SAR 220 mn, with a minimum subscription of SAR 215 mn
Inside early-stage supremacy in Saudi startup scene
Ahmed Al Thukair and Hussein Attar break down why the Kingdom is early-stage focused and the challenges founders face on the path to scale.
New Statistics Law centralizes authority, strengthens data confidentiality
The legislation introduces fines up to SAR 500k for data misuse and requires private statistical firms to be licensed
Tihama to acquire Dan Diamond Real Estate for an estimated SAR 90.7 mn
ALSO- Umm Al Qura sold a 2.7k sqm land plot for SAR 145.1 mn within Makkah’s Masar Destination to Jazeel Al Bina’a Company
Global diversification, weaker USD raise questions about the greenback’s future
Global investors are increasingly hedging against the USD’s dominance as confidence in US economic and political stability wavers
7 July-24 August (Monday-Sunday): Esports World Cup, Riyadh. 18-20 August (Monday-Wednesday): The Hotel Supply and Hospitality Expo, Jeddah Exhibition Center. 19-20 August (Tuesday-Wednesday): Marketing Home Group IPO retail subscription period for investors to request 10k-250k shares each. 24 August (Sunday): Final allocations are due for Marketing Home Group IPO. 24 August-27 November: Title deed registration […]