Author Archives: enterpriseam admin
Posted inECONOMY
Budget deficit widens in 1Q 2025 amid lower oil demand
Non-oil revenue was up slightly, but lower oil demand weighed on revenue
Posted inECONOMY
Non-oil activity grows at a slower rate in April as new orders slow down
The seasonally adjusted headline figure came in at 55.6 in April, dipping from March’s reading of 58.1
Posted inIPO WATCH
Flynas is taking a 30% to Tadawul’s main market
The issuance will see a combination of issuing new shares and selling existing shares.
Posted inIPO WATCH
United Carton Industries’ IPO rakes in over SAR 75 bn in orders
The offering was over 126 times oversubscribed.
Posted inREAL ESTATE
Sedco Capital plans SAR 1 bn Riyadh office parks buy. PLUS: Dar Wa Emaar, NHC to develop SAR 750 mn housing project
Two non-binding MoUs were signed to acquire office complexes nearing completion in Riyadh
Posted inEARNINGS WATCH
Ades Holding net income down in 1Q 2025
Ades Holding’s net income dropped 2.1% y-o-y
Posted inMOVES
PIF’s Neo Space Group taps Aurélien Fougerard as CSO
Fougerard to helm the company’s strategic agenda
Posted inALSO ON OUR RADAR
Unified attorney fee contract rolled out via Nafith platform
PLUS: Cenomi to rebrand malls as Westfield