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The fund is looking to capitalize on the sector-wide boost following Trump's trip
Author Archives: enterpriseam admin
Posted inIPO WATCH
Asas Makeen prices Nomu IPO at SAR 80 apiece
This could see the company raise SAR 80 mn in proceeds
Posted inCAPITAL MARKETS
Investment funds’ AUM rose 25.2% y-o-y to SAR 699.1 bn in 4Q 2024
Public fund assets grew 42.3% y-o-y, with local assets rising 42.9% y-o-y.
Posted inSTARTUP WATCH
Kilow raises USD 2.5 mn in seed round
The health-tech startup will use the funds to grow its AI-powered weight management platform
Posted inEARNINGS WATCH
Petro Rabigh, Al Hammadi Holding, Retal, and more post 1Q earnings
Al Hammadi’s net income jumped 15.4% y-o-y to SAR 73.9 mn in 1Q 2025
Posted inALSO ON OUR RADAR
US-based Evercore, Scale AI plan Saudi expansion
PLUS: IHG. Ashaad reveal three new hotel signings in Jeddah and Al Khobar
Posted inPLANET FINANCE
Temporary respite as US-China trade war eases with 90-day truce
The agreement saw stock markets across the globe soar
Posted inCALENDAR
MAY Second week of May: World Intellectual Property Organization (WIPO) Global Awards 2025 announces finalists. 11-13 May (Sunday-Tuesday): Future Hospitality Summit, Mandarin Oriental Al Faisaliah, Riyadh. 12-14 May (Monday-Wednesday): 2025 Saudi Giga projects Summit, Riyadh. 12-14 May (Monday-Wednesday): Saudi Food Show 2025, Riyadh Front Exhibition and Conference Centre, Riyadh. 12-15 May (Monday-Thursday): Riyadh International Industry […]
Posted inWHAT WE’RE TRACKING TODAY
Flynas to announce its IPO price range today
PLUS: United Carton Industries’s retail subscription starts today