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Author Archives: enterpriseam admin
Posted inIPO WATCH
Specialized Medical Company’s retail offering was 1.45x oversubscribed
Final allocations are due next week
Posted inINFRASTRUCTURE
A new PIF company will drive Expo 2030 construction. PLUS: Humain Create launched to provide “Hollywood quality” interactive experiences
Talal Al Marri will be Expo 2030 Riyadh Company’s CEO
Posted inM&A WATCH
Nama offloads 40% of Jana to FAAD. PLUS: UCA and Arabia Ins. are testing waters for a merger
The stake will be acquired through newly issued shares
Posted inREGULATION WATCH
Lower fees, more transparency from Sama’s new credit card regs
Banknotes withdrawal fees are now capped at 3% and SAR 75
Posted inMOVES
Visa taps Tareq Muhmood as regional president for CEMEA
Muhmood takes over from Andrew Torre
Posted inSAUDI IN THE NEWS
Saudi ramps up oil shipments as war risks grow -NYT
Saudi oil exports rose 16% m-o-m by mid-June
Posted inALSO ON OUR RADAR
US-based Kneron lands Saudi grant to power AI chip push in Riyadh
PLUS: First Mills gets SAR 69.4 mn SIDF loan for expansion
Posted inPLANET FINANCE
Not exactly selling America…
Foreign holdings stood at USD 9.0 tn, just shy of March’s all-time high