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Some 40% of the PIF’s global investments are already in the US
Author Archives: enterpriseam admin
Posted inTech
PIF’s AI powerhouse Humain lands USD bns in agreements
Nvidia, AMD, Groq, Global AI and Amazon are among Humain’s partners
Posted inInvestment Watch
Saudi-Chinese forum wraps up with 57 agreements worth SAR 14 bn signed in Beijing
26 agreements focused on exporting Saudi products to the Chinese market
Posted inDEBT WATCH
Red Sea Int’l + Bank Albilad are gearing up for sukuk issuances
Red Sea’s issuance is SAR-denominated, while AlBilad’s is USD-denominated
Posted inIPO WATCH
Axelerated Solutions priced its Nomu IPO at SAR 27 apiece
Qualified investors will be able to put in their orders starting tomorrow and until Wednesday, 21 May
Posted inIPO WATCH
Dkhoun’s Nomu IPO sees strong investors demand
The offering price could see the company raise SAR 48.4 mn in proceeds
Posted inEARNINGS WATCH
Cenomi Centers and Retail post 1Q earnings
Cenomi Retail swung back from a loss to SAR 1.8 mn in net income
Posted inMOVES
Red Sea Film taps Faisal Baltyuor as CEO
the Saudi film industry pioneer will oversee the Jeddah-based Red Sea Film Festival
Posted inALSO ON OUR RADAR
Modon inked SAR 350 mn worth of contracts at the Saudi Food Show
Wyndham Hotels to set up 100 Super 8 hotels in the Kingdom
Posted inPLANET FINANCE
US stocks extend rally on softer inflation data
The S&P 500 closed higher for the second straight session, wiping out year-to-date losses