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Author Archives: enterpriseam admin
Posted inECONOMY
S&P Global Ratings upgrades Saudi’s credit rating to A+
Economic diversification and development of the capital market are set to mitigate rising sovereign debt
Posted inIPO WATCH
Umm Al Qura IPO retail tranche closes 20x oversubscribed
The first day of trading is yet to be determined
Posted inENERGY
SEC inks USD 610.7 mn contract with Doosan for 1.8 GW power plant
The agreement will cover the development of the PP12 combined cycle power plant
Posted inM&A WATCH
Dallah shareholders approve capital increase ahead of Al Ahsa, Al Salam hospitals acquisition
The increase will see Dallah issue 3.9 mn new shares to Ayyan Investment Company
Posted inBANKING
Lending at Saudi banks expected to outpace GCC peers in 2025 -Fitch
Local banks saw their net income grow to SAR 21.5 bn in 4Q 2024
Posted inMOVES
Saudi Printing & Packaging names new CEO
El Mosor has over 30 years of experience in operations leadership
Posted inEARNINGS WATCH
Saudi Ground Services’ bottomline up 54.6% in 2024
The company recorded a 9.2% y-o-y growth in revenue