Author Archives: enterpriseam admin
War jitters hit Saudi tenders as March awards slump
Only 25 major contracts worth USD 11.8 bn were awarded during the month
Aramco slaps record USD 20 premium on Asian crude as Hormuz chokehold tightens
The premium never cracked the USD 10 mark over the past 26 years.
Saudization mandate targets back-office roles — with no exemptions for SMEs
Companies have a six-month window to restructure mid-management back-office roles.
Aramco Ventures backs energy efficiency startup in USD 36 mn round
Other backers include Embark Ventures and Safar Partners
Global private equity activity slows down due to AI-related risks, geopolitical tensions
Buyout activity dropped by 36% q-o-q to USD 172 bn in 1Q 2026, while exits fell 33% q-o-q to USD 162 bn
APRIL 20-22 April (Monday-Wednesday): Sports Investment Forum (SIF), Riyadh. 20-22 April (Monday-Wednesday): Future Aviation Forum, Riyadh. MAY 3-9 May (Sunday-Sunday): The Global Sustainability Expo, The Arena Riyadh Venue. 19-21 May (Tuesday-Thursday): The Saudi Entertainment and Amusement Expo, Riyadh Front Exhibition and Conference Center. 24-28 May (Sunday-Thursday): Eid Al Adha holiday. JUNE 15-17 June (Monday-Wednesday): Aluminum […]
Opec+ boosts output for May
Good morning, friends. It is another morning led by the impact of the regional war on our economy — non-oil private activity contracted for the first time in over five years. Also in today’s issue: We look at how our aviation industry is holding up amid all that’s going on and the ins and outs […]
Non-oil sector braces for geopolitical storm as PMI dips below 50
The 7.3-point drop is the second-largest in the survey’s history, eclipsed only by the shock of March 2020