PLUS: The share price of Balsm Alofoq closed at SAR 78 apiece on the first trading day yesterday
Author Archives: enterpriseam admin
Posted inIPO WATCH
Nice One prices Tadawul IPO at SAR 35 apiece
The final pricing could see Nice One raise up to SAR 1.2 bn in proceeds
Posted inMOVES
UIHC names Vice Chairman Mohammed Fahmy as acting CEO
Fahmy assumes the role effective immediately
Posted inInvestment Watch
Al Khorayef talks investment projects with Egypt’s PM
The two sides agreed to explore the potential for a large-scale polyester production project, among others
Posted inIPO WATCH
PIF’s Saudi Global Ports taps banks for potential IPO
The move comes as part of a PIF strategy to raise funds for diversification plans by offering stakes in portfolio companies
Posted inM&A WATCH
PIF-backed SIC gets green light to acquire up to 100% of CIRA Education
SIC’s offer represents a 21.8% premium on CIRA’s average share price over the three months ending on 4 November
Posted inLOGISTICS
Alsulaiman’s Flow + Bahrain’s Arcapita to develop logistics complex in Riyadh
The 80k sqm mixed-use complex will include storage solutions for pharma and hazardous materials
Posted inSTARTUP WATCH
SVC invests in tech-focused USD 150 mn VC
The size of SVC’s investment in the fund was not disclosed