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Rationalizing spending on lucrative consultancy contracts
Author Archives: enterpriseam admin
Posted inCAPITAL MARKETS
Aramco could pull the trigger on a secondary share sale in the coming weeks
The oil giant is reportedly looking to acquire Shell’s assets in South Africa.
Posted inECONOMY
Moody's gives the Kingdom’s local and foreign currency rating a boost to Aa1
All thanks to improved government decision-making and institutional reforms
Posted inAVIATION
Chinese aircraft maker Comac sets sights on the Kingdom
Inroads may be slow given lack of US, European Union certification
Posted inECONOMY
Non-oil exports dropped a bit more than 5% in 1Q 2024
Imports rose 6.4% y-o-y in 1Q.
Posted inALSO ON OUR RADAR
Hassan Allam Construction Saudi to build primary coral reef nursery in Neom. Plus: M&A, investment and hospitality
Hassan Allam Construction Saudi BinDawood | Jumeirah Trading | Kaust | BIM Ventures | SBI Holdings | Plaza Premium Group | Hala | TPG | Bonyan REIT | Naqi Water
Posted inPLANET FINANCE
Adnoc Drilling sells USD 935 mn stake in rare UAE secondary sale
The Adnoc subsidiary priced its offering at AED 3.90 a share
Posted inCALENDAR
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 […]
Posted inWHAT WE’RE TRACKING TODAY
Blinken suggests US-Saudi defense and nuclear pacts could wrap up in a matter of “weeks”
Plus: Turkish steelmaker Tosyali is eyeing a USD 5 bn steel plant in Saudi