PLUS: bin Farhan talks bilateral ties and regional developments with US Secretary of State Marco Rubio
Author Archives: enterpriseam admin
Posted inCALENDAR
EVENTS WITH NO SET DATE 1Q: BinDawood Holding expected to close 100% acquisition of Zahrat Al Rawdah Pharma. 1Q: Roshn expected to raise SAR 2.6 bn from an international bank. FEBRUARY 2 February (Sunday): Flyadeal launches direct flights to Karachi, Pakistan, departing from Riyadh and Jeddah twice a week. 2 February: Derayah Financial announces price […]
Posted inWHAT WE’RE TRACKING TODAY
Neom’s The Line to begin vertical construction by year-end
PLUS: Alshehili, Twareat rise on their Nomu debut
Posted inM&A WATCH
EFG Hermes-backed Spark Education Platform acquires majority stake in Riyadh’s Qimam El Hayat Int’l School
SEP is backed by the EFG Hermes USD 300 mn Saudi Education Fund
Posted inINFRASTRUCTURE
Jazan unveils SAR 4.7 bn water, agriculture, and environmental projects
The total figure includes 46 new projects valued at SAR 2.7 bn
Posted inInvestment Watch
Saudi Arabia’s 2024 contract awards reach record high of USD 146.8 bn
Saudi Arabia leads GCC with over 53% share of project awards
Posted inDEBT WATCH
Saudi debt market grows in value despite drop in trading activity in 4Q 2024
Government debt makes up 97.4% of total debt issuances in Saudi
Posted inEARNINGS WATCH
SNB, Al Rajhi, Alinma, BSF, SAIB, Bupa Arabia report 2024 earnings
SNB’s net income grew 5.9% y-o-y to SAR 21.2 bn in 2024