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PLUS: China turns to Mideast LPF as tariffs hit US flows
Author Archives: enterpriseam admin
Posted inAVIATION
Saudia orders 10 Airbus aircrafts for Flyadeal + Airbus buys SAR 2.5 bn worth of raw materials
The estimated value of the order exceeds USD 2 bn
Posted inInvestment Watch
Saudi Arabia and India to strengthen cooperation on oil, promote bilateral trade
The talks covered energy, trade, tourism, defense, among other sectors
Posted inBANKING
STC Bank to launch full suite of services later this year
The services will come after the bank received a USD 800 mn cash injection from Saudi Telecom
Posted inDEBT WATCH
Arab Energy Fund puts USD 100 mn behind China’s United Energy Group
The five-year facility will be used to refinance the company’s outstanding debt
Posted inInvestment Watch
Saudi Arabia's 1Q 2025 contract awards value declines 50% y-o-y
Power was Saudi’s silver lining amid setbacks from the construction and gas sectors
Posted inEARNINGS WATCH
Mobily reports net income up 20% in 1Q on subscriptions growth
PLUS: Yamama Cement’s net income was also up 23.5% y-o-y to SAR 14.2 mn
Posted inALSO ON OUR RADAR
Al Khobar introduces air-conditioned rest areas for delivery drivers
ALSO- Rega's new service now allows brokers to establish sub-brokerage contracts online with property owners.