PLUS: PGM secures SAR 135 mn Shariah-compliant loan from BSF
Author Archives: enterpriseam admin
Boeing kicks off massive share sale to shore up troubled finances
The sale is one of the largest ever for a public company
OCTOBER 27-30 (Sunday-Wednesday): Human Resources and Manpower Expo, Riyadh International Exhibition and Convention Center, Riyadh. 29-31 October (Tuesday-Thursday): Future Investment Initiative Conference, Riyadh. 29 October-2 November (Tuesday-Saturday): Jeddah International Motor Show, Superdome, Jeddah. 30 October-3 November (Wednesday-Sunday): Hia Hub 4.0, Riyadh. 31 October (Thursday): No-visa travel for Saudis to Montenegro on charter flights expires. NOVEMBER […]
General Atlantic is setting up shop in Saudi
Good morning, and welcome to an uncharacteristically busy Monday. The big story here at home is the upcoming start of trading on Bank Albilad’s CSOP MSCI Hong Kong China ETF, which is set to be the Kingdom’s largest ETF to track Hong Kong-listed Chinese stocks. ^^ We have chapter and verse on this story and […]
Bank Albilad to debut Saudi’s largest ETF tracking Hong Kong equities
Albilad Capital raised USD 1.3 bn for the ETF ahead of its listing
Real estate prices rise across most categories in 3Q 2024
Commercial unit prices rose 6.4% y-o-y in 3Q
City Cement to acquire Umm Al-Qura Cement in SAR 1.1 bn share swap
The transaction is pending shareholders and regulatory approval
Bawan inks SPA to fully acquire Petronash Global
The agreement values Petronash at USD 175 mn
Aramco-backed VC fund Wa’ed Ventures earmarks USD 100 mn for investing in AI startups
The funds are slated for deployment over the next three years