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JUNE 17-18 June (Tuesday-Wednesday): US Federal Reserve Open Market Committee meeting and Summary of Economic Projections. 24-25 June (Tuesday-Wednesday): Tech-ecO-System Summit (ToSS), Riyadh. 30 June (Monday): Cancellation of Fines and Exemption of Financial Penalties Initiative by the Zakat, Tax and Customs Authority (Zatca) deadline. JULY July (Second week): World Intellectual Property Organization (WIPO) Global Awards […]
Author Archives: enterpriseam admin
Posted inWHAT WE’RE TRACKING TODAY
Asas Makeen to hit Nomu today + World Bank lifts ban on nuclear funding
PLUS: Armah Sports to transition to Tadawul’s main market
Posted inECONOMY
Inflation falls slightly to 2.2% y-o-y in May
This keeps the Kingdom’s inflation just shy of its fastest pace in nearly two years
Posted inM&A WATCH
Almarai to acquire full stake in Pure Beverages for SAR 1 bn. PLUS: Acwa eyes Kahrabel assets in Kuwait
The transaction is valued at over SAR 1 bn
Posted inREAL ESTATE
Citystars Properties to develop tourism project on Egypt’s Red Sea alongside Emaar Misr. PLUS: Madinet Masr inks Saudi expansion MoU, Saudi investor eyes piece of Dreamland
PLUS- A Saudi investor is reportedly vying for a piece of Dreamland
Posted inREAL ESTATE
Retail market rebounds in 2024 -Knight Frank
Spending reached USD 376 bn, with POS transactions rising 9% and e-commerce rising 26%
Posted inALSO ON OUR RADAR
SRMG grabs exclusive Saudi Pro League broadcast rights
PLUS- Acwa submits application for acquisition in Kuwait
Posted inDIPLOMACY
Crown Prince, FM discuss Iran-Israel conflict with world leaders
The Crown Prince reached out to leaders of Iran, the US, the UK, France, Italy, and Turkey to contain the situation