Author Archives: enterpriseam admin
Naf prices Nomu IPO at SAR 76
The final pricing implies a market cap of SAR 152 mn at listing
Saudi Electricity is reportedly planning to secure USD 1 bn loan to finance new projects
The loan will pay an interest margin of about 85 basis points above the SOFR
Gulf General Cooperative Ins. names Anuj Agarwal as CEO
Agarwal has over 30 years of experience in the ins. industry across global markets
UIHC + Egypt’s Nowpay set up new fintech firm
ALSO- Asas Makeen signs off a SAR 240 mn contract with NHC
Markets rebound, but oil jitters and war risks keep nerves taut
The MSCI Emerging Markets Index rose 1% while US and European equities pared back losses
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 […]
Asas Makeen to hit Nomu today + World Bank lifts ban on nuclear funding
PLUS: Armah Sports to transition to Tadawul’s main market
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