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The oil major ramped up borrowing this year to keep on top of generous dividend payouts
Author Archives: enterpriseam admin
Posted inIPO WATCH
Alshehili Company issues prospectus for 20% offering on Nomu
Proceeds are earmarked for expansion, marketing drives, and working capital
Posted inIPO WATCH
Balsm Alofoq prices Nomu IPO at SAR 60 per share
The offering was nearly 17x covered
Posted inIPO WATCH
Al Battal Factory for Chemical Industries sets price range for Nomu IPO
Qualified investors will be able to subscribe to the IPO starting Sunday, 15 December
Posted inMANUFACTURING
Saudi industrial production picks up in October
The manufacturing sub-index is back in growth territory following September’s tumble
Posted inHEALTHCARE
Agreements worth SAR 10 bn signed during the first day of CPHI
Saudi holds more than 50% market share in MENA pharma market
Posted inEARNING WATCH
Ataa Educational reports 1Q 2024-25 results
The school operator’s bottomline declined on the back of lower training revenues
Posted inALSO ON OUR RADAR
Modern Mills to set up SAR 150 mn animal feed factory
PLUS: Mawani adds new shipping service to Jeddah Islamic Port
Posted inPLANET FINANCE
Complex finance hit its highest level since before the 2008 financial crisis
The structured finance boom is driven by investors seeking higher yields