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Author Archives: enterpriseam admin
Posted inPUBLIC POLICY
New pension system comes into effect, pushing up retirement age for most
The new rules raise the retirement age for new entrants to the job market
Posted inTELECOMS
5G adoption is picking up in Saudi, and so are download speeds
Saudi was also the top Arab country for average download speeds
Posted inM&A WATCH
BinDawood + Mayar Holding close in on separate acquisitions
PLUS: BinDawood obtains non-objection from competition authority to acquire Jumeirah Trading
Posted inAUTOMOTIVE
Lucid beats market forecasts for 2Q deliveries
Demand may have been boosted by price cuts for flagship Air sedan
Posted inREAL ESTATE
Sumou’s Adeer to build mixed-use project in Egypt — with appetite for more
The Saudi real estate developer has plans to partner with Egyptian companies on projects in Egypt and Saudi
Posted inIPO WATCH
ASG Plastic Factory gears up for Nomu IPO
The four substantial shareholders are selling down their positions to a combined 82.2%
Posted inALSO ON OUR RADAR
GIB Capital receives CMA approval for public offering of new equity fund
Plus: UAE’s Agthia launches protein manufacturing facility in Jeddah
Posted inPLANET FINANCE
Germany’s BTC sell-off is spooking an already-jittery market
The currency is down c. 20% in the past month as supply hits the market