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The transaction is valued at USD 3.5 bn
Author Archives: enterpriseam admin
Posted inDEBT WATCH
Al Othaim Investment secures SAR 3.1 bn shariah-compliant facility from SNB
The funding will back the company’s expansion and key projects
Posted inCONSTRUCTION
Construction contracts hit USD 29.5 bn in 2024, with the Kingdom leading in upcoming projects -JLL
The residential sector drove USD 7.9 bn in construction awards
Posted inCAPITAL MARKETS
Fund managers ready to boost investments in Saudi stocks -SNB Capital
This comes despite maintaining a "neutral" outlook for the market in 1Q 2025
Posted inAVIATION
Saudia, King Abdulaziz Airport report lowest complaint rates in February -Gaca
Airport complaints rose 22.6% y-o-y in February to 103
Posted inMOVES
Abeer Al Akel is now CEO of Royal Commision for AlUla
Al Akel previously acted as interim CEO
Posted inALSO ON OUR RADAR
Aramco, Siemens Energy launch the Kingdom’s first Direct Air Capture test unit
PLUS: Jabal Omar finalizes SAR 1.14 bn land sale
Posted inPLANET FINANCE
Arrest of main Erdogan challenger shakes the TRY, Borsa Istanbul 100
Turkey’s central bank tore through a record USD 11.5 bn on the day of the arrest to try to stabilize the TRY