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The draft amendments will expand foreign investors’ access beyond the debt market, Nomu, and derivatives
Author Archives: enterpriseam admin
Posted inDEBT WATCH
Finmin closes SAR 3.4 bn in November sukuk issuance
The issuance was structured in five tranches
Posted inREAL ESTATE
Commercial rent rises again, although occupancy remains stable -Knight Frank
Grade B rents rose 27% y-o-y in Riyadh in 3Q 2024
Posted inRENEWABLES
France’s Engie to build a new solar power plant, while Al Jouf Cement will offtake production
The plant will generate 25% of the company’s electricity needs
Posted inSTARTUP WATCH
EdfaPay raises USD 5 mn in pre-series A round
Proceeds will go towards supporting expansions into new markets
Posted inSTARTUP WATCH
Singapore-based Locad plans Saudi expansion after pre-series B round
The round gives the startup a valuation of USD 60 mn, Reuters says
Posted inKUDOS
Forbes ME features 10 Saudis in its 30 under 30 list
Most Saudi entries were included in the commerce and finance categories
Posted inMOVES
Jabal Omar taps Abdulrahman Bajunaid as new CEO
Abdulrahman is currently the CEO of Al Jomaih Energy and Water Company
Posted inSAUDI IN THE NEWS
Region looks to Saudi to “rein in” Trump, FT says
Trump has had high praise for Crown Prince Mohammed bin Salman
Posted inALSO ON OUR RADAR
Ezditek breaks ground on 24 MW Riyadh data center
PLUS: Flynas launches three new weekly direct flights between Egypt