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Plus: Yanbu crude loadings dropped to 3.5 mn bbl / d last week
Author Archives: enterpriseam admin
Posted inIPO WATCH
Dar Al Balad is going ahead with Tadawul listing — war or no war
Dar Al Balad is about to become the Gulf’s first IPO since the war started. The IT services outfit is pushing ahead with plans to float a 30% stake on Tadawul’s main market, making it the first company in the region to launch a share sale since the US-Iran war broke out. The offering is […]
Posted inEARNINGS WATCH
Saudi lenders post solid first-quarter gains
Al Rajhi and SNB outpaced estimates
Posted inALSO ON OUR RADAR
Ayyan + Al Rajhi Capital to launch Riyadh real estate fund, SVC backs Growth Catalyst Fund
The Ayyan-Al Rajhi fund will own and develop a mixed-use project in Riyadh’s Al Janadriyah district
Posted inPLANET FINANCE
Private credit funds hit by tighter lending
Private credit funds are facing a liquidity squeeze as rising borrowing costs and stricter bank lending force a shift toward alternative financing
Posted inCALENDAR
APRIL 20-22 April (Monday-Wednesday): Sports Investment Forum (SIF), Riyadh. MAY 3-9 May (Sunday-Sunday): The Global Sustainability Expo, The Arena Riyadh Venue. 19-21 May (Tuesday-Thursday): The Saudi Entertainment and Amusement Expo, Riyadh Front Exhibition and Conference Center. 24-28 May (Sunday-Thursday): Eid Al Adha holiday. JUNE 15-17 June (Monday-Wednesday): Aluminum Arabia, The Arena, Riyadh. 21-24 June (Sunday-Wednesday): […]
Posted inWHAT WE’RE TRACKING TODAY
Pilgrims start arriving to KSA ahead of Hajj season
Good morning, ladies and gents. We’re less than five weeks away from the Hajj season, and pilgrims have already started arriving in the Kingdom. War is the backdrop for the holy season this year, for the first time in decades. The US advised its Muslim citizens to reconsider Hajj this year, while the UK, Australia, […]