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PLUS: FedEx temporarily suspends some services into Saudi Arabia
Author Archives: enterpriseam admin
Posted inPLANET FINANCE
US trade war could trigger more expansionary monetary and fiscal policies globally
Central banks can slash interest rates to boost economic activity and combat tariffs
Posted inDIPLOMACY
Zelensky, delegation landed in Jeddah yesterday for US talks
The Ukrainian team will remain in the Kingdom for talks with US Secretary of State Marco Rubio
Posted inCALENDAR
MARCH 1-30 March: Ramadan. 13 March (Thursday): Final allocation of shares for Umm Al Qura for Development and Construction’s Tadawul IPO. 16 March (Sunday): Surplus refunds for Umm Al Qura for Development and Construction’s Tadawul IPO. 17 March: Settlement date for Saudi National Bank’s USD-denominated Formosa bonds. 18-19 March (Tuesday-Wednesday): Federal Open Market Committee meeting […]
Posted inWHAT WE’RE TRACKING TODAY
Derayah Financial debut on Tadawul today + Zelensky, Rubio to land in Riyadh
PLUS: Ratio Specialty’s shares rise 15.2% on Nomu debut
Posted inECONOMY
Real GDP grows 1.3% y-o-y in 2024
Driven by a 4.3% increase in non-oil activities and a 2.6% growth in gov’t activities
Posted inECONOMY
How Saudi Arabia could be affected by Opec+’s decision to ramp up production in April
Oil prices slid following Opec+’s decision, raising questions over the Kingdom’s likelihood of sticking to output hikes
Posted inINFRASTRUCTURE
Saudi awards 10 projects valued at SAR 8.57 bn in February
More than 50 new projects are expected to be awarded this month