This would give the company a post-IPO market cap of SAR 250 mn
Author Archives: enterpriseam admin
Riyadh’s King Khalid International Airport claims top spot among Saudi airports
The aviation watchdog evaluated airports on 11 metrics
Sama releases draft principles on compliance and internal audit at finance and refinance companies
The proposed drafts will come into effect 6 months following their publication on Sama’s website
Red Sea International appoints new chairman
Amr Al Dabbagh will serve as chairman, and Sami bin Ahmed is vice chairman
Aramco eyes minority stake in Repsol’s renewables unit. Plus: oil and gas, logistics, and cybersecurity
M&A WATCH- #1- Aramco is reportedly eyeing a minority stake in Spanish oil company Repsol’s renewables arm, Reuters reports citing unnamed sources it says are familiar with the matter. The news was first reported by Spanish news outlet Expansion. Saudi Aramco is reportedly interested in the Spanish company’s renewable assets in the US. The potential […]
SoftBank to sink USD 9 bn a year into AI
The move is part of the company’s strategy to double down on AI and semiconductors investments
Saudi appoints first ambassador to Syria since 2012
Saudi reopened its embassy in Syria earlier this year
MAY 26-27 May (Sunday-Monday): Bookbuilding for retail investors in Smasco IPO. 27-28 May (Monday-Tuesday): Smart Data & AI Summit Saudi, JW Marriott Hotel, Riyadh. 29 May (Wednesday): Sanabil 500 MENA seed accelerator demo day, Four Seasons Hotel, Riyadh. Signposted to happen sometime in May: Global Trade Review (GTR): KSA Saudi Energy Convention JUNE 2 June […]
Is Crown Prince Mohamed bin Salman set to visit Iran?
Plus: Lucid to lay off 6% of its workforce as EV demand slumps