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Author Archives: enterpriseam admin
Aramco completes secondary share offering
The secondary share sale is the largest offering in equity capital markets in the region since Aramco’s IPO in 2019
World Bank maintains Saudi’s economic growth forecast at 2.5% in 2024
Growth will pick up steam next year following “a gradual resumption of oil activity”
Brazil’s Patria Investments wants in on Saudi’s Vision 2030
Patria Investments sees Brazil playing key role the Kingdom’s diversification
Acwa Power plans capital increase
Acwa Power says spending on its projects until 2030 is set to surge to USD 2 bn to USD 2.5 bn annually
All Aramco, all the time
Saudi is looking to tap new pockets to fund the economy’s diversification away from oil
Aramco’s Wa’ed Ventures invests in UAE-based contech startup Tenderd
Plus: Riyadh Infrastructure Projects Center issues first drilling license for infrastructure works in capital
Expectations of only one rate cut this year rise as the Fed wraps two-day meeting today
The prediction preceded the Fed’s June meeting, set to end today
Crown Prince bin Salman discuss bilateral ties, regional crisis with Kuwaiti Crown Prince
They exchanged viewpoints on regional and international issues
JUNE 1-30 June (Saturday- Sunday): Monsha’at’s support meetings, Riyadh, Jeddah, Alkhobar, and Madinah. 10-16 June: Hajj Media Forum, Makkah. 13-15 June (Thursday-Saturday): G7 Summit, Italy. 14-22 June (Friday-Saturday): Banks and capital markets closed for Eid Al Adha holiday. 20 June (Thursday): Norah premiers in theaters. 28 June (Friday): Start of Jeddah Season 2024, Jeddah. JULY […]