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Lower oil revenues could prompt deeper budget cuts, fresh debt issuance, and reprioritization of Vision 2030 projects
Author Archives: enterpriseam admin
Posted inALSO ON OUR RADAR
Ades Holding bags an extension for its Egypt rig business
PLUS: Chemanol is investigating two previous acquisitions
Posted inPLANET FINANCE
CFO turnover remains high in 2024 as the role expands beyond traditional finance
The average CFO tenure dropped to 5.8 years in 2024
Posted inCALENDAR
APRIL 7-9 April (Monday-Wednesday): Sports Investment Forum (SIF), Riyadh. 10 April (Thursday): Tesla launch event, Bujairi Terrace, Riyadh. 3-20 April (Thursday-Sunday): AFC Asian U17 Cup. 13-14 April (Sunday-Monday): Human Capability Initiative (HCI) Conference, King Abdulaziz International Conference Center, Riyadh. 13-16 April (Sunday-Wednesday): EdgeX HCI, The Ritz Carlton, Riyadh. 14-15 April (Monday-Tuesday): MESH Core Riyadh Conference […]
Posted inWHAT WE’RE TRACKING TODAY
Ma’aden reportedly in talks with partners for rare earths processing facility + Liger operator taps advisor for Nomu IPO
PLUS: SFD to support renewables in Solomon Islands
Posted inECONOMY
Low oil price scenario could widen budget deficit, delay gigaprojects -EFG Hermes’ Shams El Din
Saudi Arabia is more exposed to oil prices than the UAE and Kuwait, Shams El Din says
Posted inENERGY
Ades Holding secures 10-year renewal contract for offshore drilling
The total backlog value for the resumption is estimated at nearly SAR 1.1 bn
Posted inINFRASTRUCTURE
NWC breaks ground on 30 water, sewage projects
This includes sewage projects valued at SAR 902 mn