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A Saudi-led statement to the IMO warned that the new levy could “endanger exports from developing countries.”
Author Archives: enterpriseam admin
Posted inFood
BRF + HPDC break ground on USD 160 mn Jeddah food plant
The factory is slated to be open by mid-2026
Posted inIPO WATCH
Adeer Real Estate prices Nomu IPO at SAR 85 a piece
Qualified investors can subscribe to the offering starting Sunday, 4 May
Posted inREAL ESTATE
Othaim Markets renews two lease contracts in Dammam. PLUS: Sumou to develop over 900 units in Makkah for SAR 680 mn
PLUS: Wholesale grocery store Al Othaim Markets renewed two lease contracts in Dammam
Posted inDEBT WATCH
First Mills secures SAR 630 mn loan from Saudi Awwal Bank
The facility will be available until the end of December 2035
Posted inEARNINGS WATCH
Riyad bank 1Q earnings beat analyst expectations + Banque Saudi Fransi net income up 16.4%
Riyad Bank’s total income from financing grew 11.8% y-o-y
Posted inSAUDI IN THE NEWS
Facing higher power bills, local businesses turn to rooftop solar
The trend was primarily driven by the removal of energy subsidies
Posted inALSO ON OUR RADAR
Aramco, BYD join forces for EV tech research
PLUS: Pepsico opens expanded regional headquarters in KAFD
Posted inPLANET FINANCE
China's rare metals restrictions threaten car manufacturers
The controls now encompass seven heavy and medium rare earths