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Author Archives: enterpriseam admin
White roads, firefighting drones and more prepare Saudi for some 2 mn pilgrims
Hajj generates USD 12 bn annually, fueling 20% of Saudi’s non-oil GDP
Hawyia Auctions Nomu IPO was 310.7% oversubscribed
The offering price was set at SAR 13 a piece
Al Kuzama shares fall on their Nomu debut, failing to break out of a market-wide trend
The IPO was priced at the top of the indicative range at SAR 107 per share
Global press is all over hajj safety measures
The Kingdom rolled out white roads to cool Makkah and safeguard pilgrims during hajj
First Avenue ups Shariah loan with Alinma to SAR 320 mn
ALSO: Scientific & Medical renews SAR 284 mn Shariah loan
PE hit a wall after a strong start this year with USD 1.2 tn in dry powder waiting to be deployed
Deal value in April fell 24% below the 1Q average
JUNE 4-9 June (Wednesday-Monday): Hajj. 5-10 June (Thursday-Tuesday): Markets close for Eid Al Adha. 6-10 June (Friday-Tuesday): Eid Al Adha. 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 […]
Kingdom Holdings is reportedly in talks to acquire a stake in UK-based Global Airlines
ALSO: Khwarizmi Ventures to launch its second investment fund by the end of 2025