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The forecast comes after Aramco decided to cut its dividends in 2025
Author Archives: enterpriseam admin
Posted inM&A WATCH
PIF-backed Scopely acquires Pokemon Go from US-based Niantic
The transaction will also see Scopely inject some USD 50 mn into Niantic’s AI spinoff
Posted inENERGY
Siemens Energy lands USD 1.6 bn project for gas-fired power plants
The plants will provide a capacity of 1.8 GW each to the national grid
Posted inDEBT WATCH
BSF agrees to lend Diriyah SAR 6 bn for Wadi Safar project
The project is set to attract over 50 mn visitors by 2030
Posted inSports
Saudi club spending on int’l transfers slows in 2024 — but remains the highest in the Arab region
Revenues grew 65.1% to SAR 27.9 mn
Posted inEARNINGS WATCH
Savola Group bottom line jumps more than 1,000% in 2024 on Alamari transaction
PLUS: Arabian Drilling, Theeb Rent A Car, Saico, Sisco, and Northern Region Cement report earnings
Posted inALSO ON OUR RADAR
Diriyah unveils Armani Residences & Media District at MIPIM Cannes
PLUS: stc enhances 5G security with Juniper Networks
Posted inPLANET FINANCE
Positive inflation report offers relief to battered US stocks
The S&P 500 briefly entered correction territory earlier this week
Posted inCALENDAR
MARCH 1-30 March: Ramadan. 13 March (Thursday): Final allocation of shares for Umm Al Qura for Development and Construction’s Tadawul IPO. 16 March (Sunday): Surplus refunds for Umm Al Qura for Development and Construction’s Tadawul IPO. 17 March: Settlement date for Saudi National Bank’s USD-denominated Formosa bonds. 18-19 March (Tuesday-Wednesday): Federal Open Market Committee meeting […]