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Plus: Last week’s renewable energy component manufacturing pacts with China are worth about USD 3 bn
Author Archives: enterpriseam admin
Posted inECONOMY
Saudi GDP growth to fall behind peers in the GCC, poll suggests
Saudi’s GDP growth is set to come in at 4.5% in 2025, up 0.4 percentage points
Posted inCAPITAL MARKETS
Local capital market set for continued growth in 2H 2024, says HSBC
HSBC advised on over ten major transactions in the market in 1H 2024
Posted inAVIATION
Who signed what on day one of London’s Farnborough Airshow
Plus: It seems regulations for air taxis are in the works
Posted inSTARTUP WATCH
Logistics startup Oto closes a USD 8 mn series A round
The fresh funds will be used to fuel the company’s regional expansion, develop the tech stack, and grow the team
Posted inENERGY
Aramco to award USD 2.2 bn contract for work on gas compression plants at Jafurah
The project will take 44 months to complete
Posted inEARNINGS WATCH
Earnings season is upon us: Solutions by stc, Aldrees report Q2 2024 results
Aldrees’ net income grew 17.4% y-o-y in 2Q 2024
Posted inALSO ON OUR RADAR
Four salt ore explorations licenses awarded at Eastern Province
Plus: Built Industrial to undertake HQ expansion of municipalities and housing ministry in the capital
Posted inPLANET FINANCE
The bad habits of NBFIs are a growing threat to the global financial system, watchdog warns
NBFIs including hedge funds and finance companies control about half of the assets under management in the global financial system