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Author Archives: enterpriseam admin
Posted inECONOMY
Non-oil exports were up 5.1% y-o-y in October, while imports fell
Oil exports declined to stand at 72.2 % of total exports
Posted inTECHNOLOGY
KHC invests SAR 1.5 bn in Elon Musk's xAI in series C round
The investment adds to KHC’s strategic stakes in Musk-led companies
Posted inM&A WATCH
Ma’aden now owns 85% of the Wa’ad Al Shamal JV with Sabic
Total transaction value is SAR 5.6 bn
Posted inDEBT WATCH
FinMin closes SAR 11.6 bn in December sukuk issuance
The issuance was structured in five tranches
Posted inKUDOS
Crown Prince named personality of the Year 2024
PLUS: Saudia claimed Cabin Crew of the Year
Posted inALSO ON OUR RADAR
Edtech startup Ynmo closes USD 5 mn round led by Wa’ed Ventures
The startup is looking to introduce new features to improve its educational and rehabilitative support for children with disabilities
Posted inPLANET FINANCE
Private equity returns remain subdued in 2024 as transaction drought drags on
PE funds have collectively underdelivered on USD 400 bn in payments to investors over the past three years
Posted inON YOUR WAY OUT
Top spots to celebrate New Year’s eve in Saudi Arabia
Paid options start at SAR 100