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More than 80% of Stoxx 600 companies flagged currency fluctuations as a drag on their earnings.
Author Archives: enterpriseam admin
Posted inDIPLOMACY
Foreign Ministry denounces Israeli plan to take full military control of Gaza
Saudi Arabia condemned “in the strongest possible terms” the Israeli cabinet’s decision on Thursday to occupy Gaza, and Israel’s continued crimes of ethnic cleansing against Palestinians, according to a Foreign Ministry statement. The “inhumane ideas and decisions” taken by Israel show the government’s “failure to understand the emotional, historical, and legal ties of the Palestinian […]
Posted inCALENDAR
7 July-24 August (Monday-Sunday): Esports World Cup, Riyadh. 5-17 August (Tuesday-Sunday): 2025 Fiba Asia Cup, Jeddah. 11-12 August (Monday-Tuesday): Monsha’at’s Jadeer Tour in Khobar, SME Support Center, Khobar. 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 […]
Posted inWHAT WE’RE TRACKING TODAY
Saudi-backed EVs are facing headwinds
Rivian and Lucid delivered sobering second-quarter earnings
Posted inIPO WATCH
Dar Al Majed sees hot demand for IPO
Retail investors can subscribe to the offering from 14-18 August
Posted inDEBT WATCH
Public debt to continue rising amid lower oil prices -Capital Economics
Over the past decade, the gov’t debt increased from less than 2% of GDP in 2014 to around 30% of GDP last year
Posted inCAPITAL MARKETS
Saudi equities trail GCC in 1H, banking sector leads earnings -Kamco
The benchmark index is down 9.3% YTD