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The increase was supported by a decline in operating expenses
Author Archives: enterpriseam admin
Posted inMOVES
Red Sea Film Foundation CEO Mohammed Al Turki steps down
Al Turki will remain an advisor to the foundation
Posted inALSO ON OUR RADAR
Saudi Investment Recycling + Hellenic Environmental Center to set up environmental processing centers in the Kingdom
PLUS: Midad is launching the Four Seasons Private Residence on Jeddah’s Corniche
Posted inPLANET FINANCE
The ECB is looking to revive the Eurozone economy with its first rate cut in five years expected today
Some wonder whether it would be a mistake for the ECB to diverge from the US Federal Reserve for the first time in five years
Posted inCALENDAR
JUNE 6 June (Thursday): Saudi Manufacturing Show, Riyadh. 10 June (Monday): #teamLabBorderless, Jeddah. 10 June (Monday): Deadline to register for school bus services for the upcoming academic year. 20 June (Thursday): Norah premiers in theaters. 14-22 June (Friday-Saturday): Banks and capital markets closed for Eid Al Adha holiday. 28 June (Friday): Start of Jeddah Season […]
Posted inWHAT WE’RE TRACKING TODAY
Fakeeh Group debuts on Tadawul today
PLUS: Will Kevin De Bruyne (pictured above) accept a Saudi offer?
Posted inECONOMY
Non-oil private sector activity grew even as demand momentum slows
New orders settled at 59.5 down from 61.0 in April
Posted inInvestment Watch
Brazilian firm looks to Saudi investors for USD 600 mn fund
The fund is backed by b’naire Marcelo Claure
Posted inM&A WATCH
Acwa partially offloads stake in Rabigh Arabian Water and Electricity
The transaction was valued at SAR 844 mn