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Good morning, ladies and gents. It has been an interesting weekend, to say the least. It was hard at times to pinpoint whether the world’s most vital maritime corridor was open or closed for business. What happened? A short-lived de-escalation saw Iran announce it’s reopening the Strait of Hormuz to ships, only to close it […]
Author Archives: enterpriseam admin
Posted inECONOMY
Prolonged conflict could drag Saudi growth to 2% as BMI slashes GCC outlook
Overall, the GCC is expected to grow only 1.9%, down from 4.8%
Posted inM&A WATCH
Kingdom Holding snaps up 70% of Al Hilal
The fund is moving on from its investment in the top SPL club
Posted inEARNINGS WATCH
Jarir Marketing delivers robust 1Q performance
The firm’s net income amounted to SAR 253.5 mn in 1Q 2026
Posted inSAUDI IN THE NEWS
LIV Golf funding uncertainty sparks questions over PIF sports strategy
Global media points to tighter capital discipline and a reassessment of sports priorities within PIF’s portfolio
Posted inALSO ON OUR RADAR
Aya bags SAR 26 mn in a Series A round led by Raed Ventures
The fresh funds will be used to support Aya’s next stage of expansion