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The total value of buyouts was up 37% y-o-y to USD 602 bn last year
Author Archives: enterpriseam admin
Posted inCALENDAR
MARCH 1-30 March: Ramadan. 5-9 March (Wednesday-Sunday): Retail bookbuilding period for Umm Al Qura for Development and Construction’s Tadawul IPO. 10 March (Monday): Deadline for businesses subject to withholding tax to file their February tax returns. 13 March (Thursday): Final allocation of shares for Umm Al Qura for Development and Construction’s Tadawul IPO. 16 March […]
Posted inWHAT WE’RE TRACKING TODAY
Arab leaders endorse Egypt’s USD 53 bn reconstruction plan for Gaza
PLUS: Riyadh Air is still on track for a 2025 launch
Posted inEARNINGS WATCH
Aramco cuts dividends as net income falls
Operating costs, lower oil prices, and slowing demand drive Aramco’s performance drop
Posted inECONOMY
Non-oil private sector expansion slows in February
The PMI headline figure came in at 58.4 in February, dipping down from the over decade-high reading of 60.5 in January
Posted inPRIVATE EQUITY
Saudi Arabia’s PE activity slows down in 2024, after a 2023 peak
Some 15 PE transactions were closed last year, totalling USD 2.8 bn
Posted inINFRASTRUCTURE
SWPC inks SAR 8.5 bn agreement for Jubail-Buraydah water pipeline
The commercial operation was delayed to 2Q 2029