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Author Archives: enterpriseam admin
Hotel occupancy at 55.4% in 2Q with longer stays -Gastat
The average length of stay for hotel guests averaged 5.2 nights
Acwa Power breaks ground on five Uzbek ventures
Acwa Power now boasts a USD 15 bn energy portfolio in the country
AI startup OmniOps raises SAR 30 mn to fuel growth
OmniOps specializes in high-performance computing and AI solutions
New appointments at Al Saif Stores + Almujtama Medical
Al Saif tapped Ahmed Alsultan as its new CEO
It’s a mixed bag for the Kingdom in the int’l press
Reuters is taking note of the PIF’s shifting game plan in the sports world. After making splashy investments in men’s soccer and golf — think Newcastle United, LIV Golf, and Neymar — the newswire sees PIF’s sports M&A strategy getting “smarter” in 2025 by targeting smaller but faster-growing leagues such as women’s soccer and rugby. […]
Heathrow Airport plans GBP 2.3 bn facilities investment following PIF stake acquisition
PLUS: Mawani adds new shipping service to Jeddah Islamic Port
Fed cuts rates by another 25 bps, signals slower easing cycle next year
Officials expect two rate cuts in 2025
DECEMBER 18-22 December (Wednesday-Sunday): Next Gen ATP Finals, King Abdullah Sports City, Jeddah. 18-20 December (Wednesday-Friday): Riyadh Season Snooker Championship, Boulevard City, Riyadh. 23-25 December (Monday-Wednesday): Retail offering for Almoosa Health’s Tadawul IPO. 23-26 December (Monday-Thursday): AqaratExpo, Riyadh. 24-25 December (Tuesday-Wednesday): Retail subscription period for Nice One’s Tadawul IPO. 29 December (Sunday): Final allocation for […]