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Author Archives: enterpriseam admin
Posted inEARNINGS WATCH
Mobily, Sal, Yamama report 2024 earnings
Mobily’s revenues rose 8.6% y-o-y in 2024 to SAR 18.2 bn
Posted inKUDOS
Rasan, EFG Hermes, HSBC and others snag awards at the 2024 SCMA
EFG Hermes was named Research House of the Year
Posted inSAUDI IN THE NEWS
PIF targets René Benko assets to recover Signa investment losses
The PIF wants to acquire the fallen European property tycoon’s luxury home in Austria
Posted inALSO ON OUR RADAR
Takatuf is now a cornerstone investor in Umm Al Qura IPO
PLUS: TrinaTracker opens 3 GW factory in Jeddah
Posted inPLANET FINANCE
HSBC to exit Bahraini retail banking business + unveils plan to cut costs
The move is pending the Central Bank of Bahrain’s approval and is expected to be completed in 4Q 2025
Posted inDIPLOMACY
Egypt’s El Sisi to arrive in Riyadh to discuss Arab-led Gaza plan
El Sisi’s visit comes ahead of an Arab summit in early March where an Arab proposal for the reconstruction of Gaza is set to be unveiled
Posted inCALENDAR
EVENTS WITH NO SET DATE 1Q: BinDawood Holding expected to close 100% acquisition of Zahrat Al Rawdah Pharma. FEBRUARY 17-20 February (Monday-Thursday): Restatex, Riyadh International Convention and Exhibition Center. 18-20 February (Tuesday-Thursday): The Capital Markets Forum, KAFD conference centre, and the Four Seasons, Riyadh. 19-21 February (Wednesday-Friday): Saudi Media Forum, Riyadh. 19-21 February (Wednesday-Friday): FII […]
Posted inWHAT WE’RE TRACKING TODAY
Saudi Arabia rises in Emerging Markets Logistics Index + Al Essa Trading to go public within three years
PLUS: Industrial and mining investments in Wa’ad Al Shamal exceed SAR 80 bn