The decline in crude oil prices has sparked concerns among banks
Author Archives: enterpriseam admin
SNB raises SAR 1.73 bn in AT1 sukuk sale
The sukuk carry a 6% annual return until June 2030
SMC prices IPO at SAR 25 per share ahead of Tadawul listing
This implies a total offering size of SAR 1.9 bn
Sports Clubs to divest 30% stake on Tadawul
The company will announce its IPO price range on Sunday, 22 June
Acwa Power’s SAR 7 bn rights issue is pending shareholder approval. PLUS: D360 Bank approves SAR 450 mn capital increase
The move is part of the company’s strategy to triple its AUM by 2030
India’s Jindal Saw to set up USD 13 mn worth of steel pipes projects in the Kingdom
PLUS: Cenomi Centers receives a long-term credit rating of A- from Tassnief
Societe General becomes first bank to launch USD-backed stablecoin
The USD CoinVertible will be tradable from July
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 […]
Digital bank D360 is reportedly looking for investors in 2H 2025 + Dome cancels Nomu IPO
PLUS: Inzaghi leaves Inter, expected to coach Al Hilal