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The plant is expected to generate up to USD 230 mn in annual revenues.
Author Archives: enterpriseam admin
Posted inIPO WATCH
Eastern Province’s Al Hokail Polyclinics gears up for Nomu IPO
All the proceeds will be divided between the selling shareholders on a pro rata basis after deducting offering expenses
Posted inBUSINESS
Aramco accounts for more than three quarters of Saudi’s total intangible assets
Aramco accounted for 77% (SAR 6.5 tn) of the Kingdom’s intangible assets in 2023.
Posted inBANKING
Local Islamic banks’ standalone credit profiles set to remain robust next year, says Fitch Ratings
Deposits are set to remain primary source of funding for Islamic banks, according to the report
Posted inSAUDI IN THE NEWS
Climate change emerges as main culprit behind hajj deaths
The Saudi Premier League is in the spotlight as some of its stars in Euro 2024 outperform
Posted inALSO ON OUR RADAR
Electrical interconnection project between central, southern regions goes live
PLUS: SAL Saudi Logistics to offer air cargo handling services to Air China
Posted inPLANET FINANCE
M&A activity is off-track globally this year
Transaction value in 2024 is over USD 300 bn below the 10-year average in 1H
Posted inCALENDAR
JUNE 1-30 June (Saturday- Sunday): Monsha’at’s support meetings, Riyadh, Jeddah, Alkhobar, and Madinah. 28 June (Friday): Start of Jeddah Season 2024, Jeddah. 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 […]
Posted inWHAT WE’RE TRACKING TODAY
Mizuho, Japan’s second-largest bank, will make Riyadh its regional headquarters
Plus: Competition Authority took legal action last year against more than 100 car distributors + we want 5 mn Chinese tourists by 2030