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Author Archives: enterpriseam admin
FinMin closes SAR 2.6 bn in September sukuk issuance
The issuance was structure in six tranches
Acwa Power + Hassan Allam eye c.USD 900 mn for Gulf of Suez farm by 2024-end
The consortium signed a 25-year land usufruct agreement for the wind farm in January
Aramco awards Saipem another USD 2 bn EPC contract
Saipem will leverage Saudi-based resources to meet the contract
A rundown of the newly-approved commercial registration + trade name laws
Companies have five years to do away with regional sub-records
Darent secures undisclosed amount in a seed round led by Al Tawuniya Ins.
Funds will go towards boosting the startups platform and marketing drives
Egypt’s FRA head talks about how the regulator brought new instruments + depth to its market
Farid spoke at EFG Hermes’ annual conference in London
Culture Ministry lands AI Ethics Medal + Who’s who in Forbes Middle East’s Top 100 Healthcare Leaders
The Culture Ministry bagged the 2024 AI Ethics Medal at the Global AI Summit last week, organized by the Saudi Authority for Data and Artificial Intelligence, state news agency SPA reports. The accolade recognizes the ministry’s leadership in adopting ethical AI practices since 2022, and is part of a broader effort to ensure the responsible […]
Two new Ikea locations coming to Jazan + Abha
PLUS: Egypt-born transport app Swvl lands USD 2.6 mn in contracts across Saudi