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The firm will likely resort to more borrowing to maintain generous dividend payouts
Author Archives: enterpriseam admin
Posted inDEBT WATCH
Red Sea International unit secures financing for bond sale
The planned bond issuance is aimed at raising capital for the company’s upcoming projects
Posted inMINING
Six mining licenses awarded
The sites’ reserves contain a mix of gold, silver, copper, zinc, and lead
Posted inIPO WATCH
MBG sets price range for Nomu IPO
The IPO could raise up to SAR 45 mn in proceeds
Posted inSAUDI IN THE NEWS
Reuters looks at PIF’s wager on homegrown startups
The financial health of companies in that category is hard to gauge
Posted inALSO ON OUR RADAR
Al Hammadi Holding inches closer to launching a new hospital in Riyadh
PLUS: Saudi budget airline Flynas plans to launch two new routes connecting the Kingdom to Uganda and Djibouti
Posted inPLANET FINANCE
Investors watch equities, bonds, and crypto as US election unfolds
“This will be one of the most easily investible election results ever, given the policy divergence between the two candidates,” said David Wagner from Aptus Capital Advisors
Posted inDIPLOMACY
Saudi and Iraqi defense ministries ink MoU on military cooperation
Saudi and Iraq’s defense ministers discussed avenues for cooperation and efforts to scale back regional tensions