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The JV will cover port operation and crude oil transportation at their joint complex in Fujian
Author Archives: enterpriseam admin
Posted inIPO WATCH
Al Kuzama to kick off Nomu IPO next month
Proceeds from the primary share sale will be used to support the firm’s growth
Posted inIPO WATCH
Axelerated Solutions is taking a 10.7% stake to Nomu next month
Proceeds from the primary share sale will be used to support the firm’s growth
Posted inCAPITAL MARKETS
Allied Cooperative Ins. Group debuts a SAR 209 mn rights issue
Each registered shareholder will be granted 0.72 shares for each share owned
Posted inTOURISM
Non-Saudis continue to dominate the tourism industry in 4Q 2024
The tourism sector saw a 4% y-o-y increase in its total workforce, reaching 966.5k workers
Posted inEARNINGS WATCH
Saudi Kayan, Nice One report 1Q earnings
Kayan saw its net loss widen 35.7% y-o-y
Posted inSAUDI IN THE NEWS
The city of roses is under threat as climate change looms
Taif's annual rose production is estimated at 5-6 mn
Posted inALSO ON OUR RADAR
Emaar reschedules SAR 3.4 bn in debt facilities
PLUS: Al Hammadi eyes 40% stake in Wareed Medical
Posted inPLANET FINANCE
Debt pressures to pile up on emerging markets amid trade uncertainty, World Bank economist says
Rising trade uncertainty and debt are slowing growth in emerging markets