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Saudi is aiming to reel in USD 100 bn of foreign direct investment per year as part of Vision 2030
Author Archives: enterpriseam admin
Posted inCAPITAL MARKET
More investors, more AUM, and more VC funds: CMA’s highlights of 2023 in capital markets
CMA’s annual reports also shows that net proceeds from all offerings of equity and debt were down 71% year-on-year last year
Posted inRENEWABLES
PowerChina awarded contract for 500 MW wind project in Northern Borders Province
The contract was awarded by a consortium led by Marubeni and Aljan & Bros
Posted inMOVES
National Infrastructure Fund names inaugural BoD
Infra is supervised by the National Development Fund
Posted inALSO ON OUR RADAR
Tihama extends deadline to form Saudi JV with British advertising group WPP
PLUS: A subsidiary of Saudi Research and Media Group was awarded a three-year media contract worth SAR 240 mn annually
Posted inPLANET FINANCE
BIS warns against slashing interest rates too soon
Central banks should keep an eye on risks like high public debt and falling property values
Posted inCALENDAR
JULY 4 July-25 August: (Thursday-Sunday): Esports World Cup, Boulevard Riyadh City, Riyadh. 12 July (Friday): PFL MENA 2, The Green Halls, Riyadh. 10-11 July: (Wednesday-Thursday): Global EV & Mobility Tech Forum, Riyadh International Convention & Exhibition Center, Riyadh. 21-30 July (Sunday-Tuesday): International Chemistry Olympiad, King Saud University, Riyadh. AUGUST 12-15 August (Monday-Thursday): The Saudi Food […]
Posted inWHAT WE’RE TRACKING TODAY
Bankers haven’t had to prop-up Aramco’s share price since it pulled trigger on USD 11.2 bn secondary offering
Plus: A unit of Dar Al Arkan is eyeing a USD 300 mn push into the US luxury housing market
Posted inInvestment Watch
Aramco is closing in on 10% of Horse Powertrain
The transaction would see Renault and Geely each retain a 45% stake in the joint venture