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The primary offering could see the company lock in nearly SAR 2 bn in IPO proceeds
Author Archives: enterpriseam admin
Posted inSTARTUP WATCH
Lite closes a USD 3.2 mn pre-seed round + Leajlak, Ebra, Vastmenu, Spoilz raise funds
The raised funds will go towards meeting the financial requirements of the necessary licenses from Sama
Posted inEARNINGS WATCH
Sulaiman Al Habib Medical Services’ net income up 13.2% y-o-y in 2024
ALSO- The group’s board greenlit SAR 430.5 mn in dividends for 4Q 2024
Posted inMOVES
Future Care Trading names Fahd Abdulaziz Nasser as CEO
This follows former CEO Safar Mublish's termination by mutual consent
Posted inSAUDI IN THE NEWS
Asfar’s push to widen tourist options in the Kingdom
“We focus on establishing tourism destinations almost everywhere in Saudi Arabia”, CEO said
Posted inALSO ON OUR RADAR
Egypt’s CIRA Education to submit an MTO to up its stake in CAED to up to 90%
PLUS: Naseej International Trading fully acquire Etmam Arabian Real Estate
Posted inPLANET FINANCE
Trump’s reciprocal tariff drive is throwing international firms for a loop
Many see Trump’s tariff threats as a blunt protectionist measure, others believe they could serve as a negotiation tactic
Posted inCALENDAR
EVENTS WITH NO SET DATE 1Q: BinDawood Holding expected to close 100% acquisition of Zahrat Al Rawdah Pharma. FEBRUARY 15-18 February (Saturday-Tuesday): Week one of Big 5 Construct Saudi, Riyadh Front Exhibition & Conference Center. 16-17 February (Sunday-Monday): AlUla Conference for Emerging Market Economies, AlUla. 17-19 February (Monday-Wednesday): IAAPA Middle East Trade Summit, Riyadh. 18-20 […]
Posted inWHAT WE’RE TRACKING TODAY
A Saudi Champs-Élysées in the works? + US, Russian officials to convene in Saudi next week over Ukraine
PLUS: PGA Tour and PIF-backed LIV Golf inch closer to agreement