Author Archives: enterpriseam admin
Posted inECONOMY
Non-oil private sector at highest performance since 2014 in January
The PMI headline reading accelerated to 60.5 last month
Posted inCAPITAL MARKETS
Tasi starts 2025 strong with a 17.9% monthly gain in turnover; real estate leads growth and foreign investments surge
Some 17 out of the 21 TASI sectors recorded a positive m-o-m performance in January
Posted inDEBT WATCH
ANB wraps up SAR 3.4 bn sukuk offerings + Ma’aden plans USD-denominated issuance
Ma’aden is planning to issue USD-denominated trust certificates
Posted inSTARTUP WATCH
vminds.ai raises “six-figure” investment in pre-seed funding round
ALSO: Egypt’s Khazna raises USD 16 mn as it targets Saudi expansion
Posted inCABINET WATCH
Cabinet approves the transfer of licensing authority for accounting and other professions
A draft cooperation agreement with the World Economic Forum on minerals was also approved
Posted inEARNINGS WATCH
Bank Albilad’s net income up 18.5% in 2024
PLUS: Umm Al Qura is back in the black as it lines up its Tadawul IPO
Posted inALSO ON OUR RADAR
Jazan Economic City to host SAR 2 bn aquaculture hub from Neom’s Topian
PLUS: Egypt’s Logic Holding nabs majority stake in Nexel
Posted inPLANET FINANCE
Uncertainty of Trump presidency pushes US Fed to rule out pre-emptive rate actions
“The easiest way for a policy mistake is to speculate,” said San Francisco Fed Head Mary Daly
Posted inDIPLOMACY
Saudi reiterates normalization with Israel is conditional on a Palestinian state, rejects resettlement calls
Netanyahu said he believed an agreement is “going to happen”