Riyadh took the lion’s share of new projects for the month
Author Archives: enterpriseam admin
Three Saudi companies join MSCI Small Cap Index
ALSO: DFM-listed Emaar Development was added to the MSCI Emerging Markets Index
Americana Restaurants’ net income falls 38.8% y-o-y in 2024
The drop was driven by new store openings and corporate tax taking effect in the UAE
Pieship, Rasmal, Hopea Pay close funding rounds
ALSO- Syndicate Holding Group (SHG) allocated over USD 50 mn for startup investments at Leap 25
State media claps back at Netenyahu comments
Frustration among the Saudi leadership with Netanyahu is high
Saudi to get its first locally-constructed offshore rig
PLUS: Sama authorizes four fintechs to operate under its legislative sandbox
Chinese tech stocks log big gains riding on DeepSeek’s historic debut
China’s tech-heavy Hang Seng Tech rose 25% in January, the broader Hang Seng benchmark rose 15%, and the CSI 300 rose 4%
EVENTS WITH NO SET DATE 1Q: BinDawood Holding expected to close 100% acquisition of Zahrat Al Rawdah Pharma. FEBRUARY 10-13 February (Monday-Thursday): Leap 2025, the Kingdom’s premier tech investment conference. 12-13 February (Wednesday-Thursday): PIF Private Sector Forum, King Abdul Aziz International Conference Center, Riyadh. 14-15 February (Friday-Saturday): Formula E, Diriyah. 14-15 February (Friday-Saturday): Jeddah E-Prix, […]
OpenAI to make a push into Saudi? + Trump doubles down on Gaza plan
PLUS: SEC commences USD-denominated sukuk issuance, ending today