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PLUS: Tourism to contribute over SAR 440 bn to the Kingdom’s GDP this year
Author Archives: enterpriseam admin
Posted inInvestment Watch
PIF-Backed Humain to launch USD 10 bn AI VC fund this summer
Humain is seeking a US tech partner for its data center business
Posted inENERGY
Acwa Power plans USD 10 bn energy push in Malaysia
The renewables giant is targeting up to 12.5 GW of generation capacity in the country by 2040
Posted inECONOMY
Non-oil economy may be losing momentum -Capital Economics
The sector has showed some signs of weakness recently
Posted inIPO WATCH
Asas Makeen’s Nomu IPO was 19.5x oversubscribed ahead of listing
The offering attracted SAR 1.6 bn in orders from qualified investors
Posted inInvestment Watch
Naif Alrajhi Investment and Aljazira Capital to launch a SAR 1.7 bn real estate investment fund
The fund will focus on developing two real estate projects in Riyadh and Jeddah.
Posted inSTARTUP WATCH
Stitch lands USD 10 mn in seed round to scale up its financial infrastructure platform
Arbor Ventures, COTU Ventures, Raed Ventures, and SVC participated in the round
Posted inMOVES
Adel Al Ghadhban tapped as Taqa’s interim CEO, Khalid Nouh steps down
Nouh’s resignation is part of a “long-term strategic growth agenda”