Author Archives: enterpriseam admin
Posted inECONOMY
IMF’s Azour says a review of gigaprojects is both welcome and natural
Azour says any recalibration as part of a “classical revision” of medium-term strategy would be welcomed by the lender.
Posted inDEBT WATCH
Aramco wraps up a USD 6 bn bond sale
Offering was 6x oversubscribed, reflecting strong investor demand
Posted inCAPITAL MARKETS
Nearly half of fund managers are bullish Saudi equities, survey finds
Banking and insurance are expected to be the top-performing sectors in 2024
Posted inM&A WATCH
PIF making a play for up to half of Selfridges
The PIF already owns a 10% stake in Selfridges’ properties
Posted inM&A WATCH
Acwa Power sells 35% stake in 2 wind projects in Uzbekistan
The transaction is worth SAR 596 mn
Posted inREAL ESTATE
Home ownership is on the rise
The percentage of Saudi households owning homes is up 16.7 percentage points from 2016
Posted inREGULATION WATCH
Housing Ministry rolls out new building regulations
To boost urban development across local cities as per the Saudi Building Code
Posted inIPO WATCH
Al Ashghal Al Moysra’s Nomu IPO was 4.3x covered
The company priced its shares at SAR 50 a piece.
Posted inMOVES
Allianz Saudi Fransi Cooperative Ins. gets new CEO
The appointment follows the resignation of former CEO Anuj Agarwal for “personal reasons”