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Author Archives: enterpriseam admin
Posted inDIPLOMACY
What to expect from Trump’s Gulf visit this week
Expect up to USD 1 tn in trade and investment pledges
Posted inEARNINGS WATCH
Aramco sees mixed 1Q results as performance dividend plunges
Softened oil prices and global economic volatility weighed on performance
Posted inMANUFACTURING
Industrial production up 2% y-o-y in March
The non-oil activities index rose 5.6% y-o-y in March
Posted inIPO WATCH
SMC sets IPO price range at SAR 24-25 per share
The transaction could raise up to SAR 1.9 bn for selling shareholders
Posted inDEBT WATCH
SNB extends SAR 5.8 bn facility to Areeb Capital, launches AT1 sukuk issuance
Eligible investors have until year-end to subscribe
Posted inBANKING
Net foreign assets reach SAR 1.51 tn in 1Q 2025
Saudi banks' net foreign assets saw their first monthly increase in eight months in March
Posted inEARNINGS WATCH
An avalanche of earnings featuring Care, Seera Group Holding, and more
National Care saw a 5% y-o-y uptick to net income
Posted inALSO ON OUR RADAR
Ardco exits Tanal JV, transfers 69.4% stake to Sumou Holding
AND- iOud inks a non-binding MoU to acquire Thannah Trading from Afaq Food Fund