PLUS: UAE-based Flow48 closed to expand into Saudi Arabia
Author Archives: enterpriseam admin
JPMorgan reclassifies Qatar and Kuwait as developed markets
The UAE could be the next emerging market to be reclassified as a developed market
Defense Minister meets US counterpart in Washington
Meanwhile, Economy Minister Alibrahim arrived in Switzerland
EVENTS WITH NO SET DATE 1Q: BinDawood Holding expected to close 100% acquisition of Zahrat Al Rawdah Pharma. FEBRUARY 23-27 February (Sunday-Thursday): Riyadh International Disputes Week, Hilton Riyadh Hotel Granada. 24-27 February (Monday-Thursday): Week two of Big 5 Construct Saudi, Riyadh Front Exhibition & Conference Center. MARCH 1-30 March: Ramadan (TBC). 18-19 March (Tuesday-Wednesday): Federal […]
FinMin reportedly taps banks for EUR-denominated sukuk issuance + Witkoff to land in the region tomorrow
PLUS: SRC plans next international sukuk issuance within next three months
Salic now owns 80% of Singapore’s Olam Agri + Alat acquires 15% of TK Elevator
The transaction values Olam Agri Holdings at USD 4 bn
FAB, BMI put in their predictions for the Kingdom’s growth prospects in 2025
The Kingdom’s performance would place it as the second-best performing economy in GCC
On sectors driving growth in local market, untapped potential in real estate, and shift in investors mix
Institutional investors currently represent around 25-30% of the Saudi capital market