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Author Archives: enterpriseam admin
Posted inECONOMY
IMF verdict: Saudi economy is “resilient” and “favorable”
The positive outlook persists despite emerging twin deficits, backed by a strong banking sector and hefty reserves
Posted inCAPITAL MARKETS
Saudi capital markets extend gains across asset classes in 2024
Proceeds from sukuk and debt offering hit SAR 40.4 bn by the end of 2024
Posted inENERGY
Acwa Power awarded two solar projects in Morocco
Each plant has a capacity of 400 MW with a BESS capacity of 602 MWh
Posted inSTARTUP WATCH
Salasa closes USD 30 mn series B round
Salasa will use the proceeds to develop an AI-driven platform to automate operations and support its expansion
Posted inEARNINGS WATCH
Tawuniya, Ades Holding, Dallah Healthcare, Retal, Jabal Omar report 2Q earnings
Among Tawuniya’s expansion plan, it will launch MENA Primary Healthcare, establish a reinsurance company, and invest in seven companies within its supply chain
Posted inMOVES
Brookfield appoints former head of Hassana as Saudi Chairman
Alfadly previously served as Hassana’s CEO for 12 years
Posted inSAUDI IN THE NEWS
Saudi student fatally stabbed in Cambridge, suspect charged
A 50-year-old man was also arrested as a suspected accomplice