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Author Archives: enterpriseam admin
Posted inENERGY
Aramco, Sinopec move ahead with Yasref petrochemical expansion. PLUS: Oil, gas fields discovered in Eastern Province, Empty Quarter
The move looks to increase Yasref’s potential
Posted inENERGY
SEC kickstarts SAR 6.7 bn phase two of battery storage project
SEC will tap BYD and Al Fanar Projects Company to supply and build battery systems
Posted inECOMMERCE
Sary merges with Bangladesh’s ShopUp to launch new B2B platform, raising USD 110 mn
The round was co-led by Sanabil Investments and US-based Valar Ventures
Posted inDEBT WATCH
Lucid closes USD 1 bn convertible bond sale via private placement
Proceeds are earmarked to buy back convertible bonds
Posted inSports
Saudi looks to the private sector as 2034 World Cup liquidity crunch looms
Rafea Development targets USD 480 mn in investments
Posted inLEGISLATION WATCH
Fresh regs could see SPACs listed on Nomu for the first time
SPACs will have two years from their Nomu listing date to complete an M&A transaction
Posted inEARNINGS WATCH
Advanced Petrochemical back in the black in 1Q
Revenues almost doubled to SAR 614 mn
Posted inMOVES
Jabal Omar names Saleh Alhabdan as CEO
Alhabdan previously served as CEO at Taiba Investments