PLUS: Edrevel to pour USD 100 mn into Saudi AI education
Author Archives: enterpriseam admin
Posted inIPO WATCH
Derayah Financial’s share price closes 30% higher on main market debut
The IPO vaulted Chairman Taha Al-Kuwaiz into bn’aire status
Posted inMANUFACTURING
Industrial production rises 1.3% y-o-y in January
January saw the highest non-oil growth since September 2014
Posted inM&A WATCH
Zahid Group pursues new takeover talks with South Africa’s Barloworld
The offer price remains at ZAR 120 apiece
Posted inECONOMY
Labor market hits record 12 mn participants in 3Q 2024
Local participation rate climbed to 51.5% with significant growth in female employment
Posted inDEBT WATCH
Saudi Arabia issued USD 5.6 bn in sustainable bond issuances in 2024, ranking second in MENA
The issuance of sustainable sukuk, blue, and transition bonds is predicted to grow this year
Posted inInvestment Watch
Saudi attracted USD 22 bn in greenfield FDI projects during 2024
The communications sector saw the most love
Posted inEARNINGS WATCH
Nahdi Medical’s net income down 8.1% in 2024, Riyadh Cables up 57.6%
Nahdi will distribute SAR 390 mn in dividends for 2H 2024