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Stablecoin transactions hit USD 710 bn last month, up from USD 521 bn a year ago
Author Archives: enterpriseam admin
Posted inDIPLOMACY
Saudi Arabia, Ukraine to revive joint business council
Both countries plan on boosting collaboration in energy, food industries, and infrastructure
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 […]
Posted inWHAT WE’RE TRACKING TODAY
Al Watania Poultry draws local, foreign bidders + Saudi to spearhead data center growth in the Middle East?
PLUS: Edrevel to pour USD 100 mn into Saudi AI education
Posted inIPO WATCH
Derayah Financial’s share price closes 30% higher on main market debut
The IPO vaulted Chairman Taha Al-Kuwaiz into bn’aire status
Posted inMANUFACTURING
Industrial production rises 1.3% y-o-y in January
January saw the highest non-oil growth since September 2014
Posted inM&A WATCH
Zahid Group pursues new takeover talks with South Africa’s Barloworld
The offer price remains at ZAR 120 apiece
Posted inECONOMY
Labor market hits record 12 mn participants in 3Q 2024
Local participation rate climbed to 51.5% with significant growth in female employment