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Author Archives: enterpriseam admin
Posted inPLANET FINANCE
Tim Apple won’t be here forever
The best-performing big tech stocks of 2020 have slumped about a third in the years since
Posted inCALENDAR
MAY 4-11 May (Saturday-Saturday): Saudi Smash 2024. 6-9 May (Monday-Thursday): Saudi Smart Manufacturing, Riyadh. 6-9 May (Monday-Thursday): Saudi Smart Logistics, Riyadh. 9-11 May (Thursday-Saturday): The Icon Show, Jeddah. 12 May (Sunday): Bookbuilding starts for Rasan’s Tadawul IPO. 13 May (Monday): Saudi Giga Projects, Riyadh. 13-15 May (Monday-Wednesday): Smart Future Expo, Riyadh. 13-15 May (Monday-Wednesday): Poultry […]
Posted inWHAT WE’RE TRACKING TODAY
Saudi nationals don’t need appointments for French visa applications
Good morning, friends. It’s another very busy morning for news, but there’s one clear lead story: Aramco, which signaled it will pay higher dividends this year than last (when accounting for special dividends) despite dip in first-quarter profitability. WEATHER-Riyadh will be windy today with a high of 35°C and a low of 24°C. Meanwhile, Makkah […]
Posted inEARNINGS WATCH
Aramco reports lower net income in 1Q 2024, but looks on track to boost this year’s dividend
The oil giant will maintain dividend payouts throughout the year
Posted inM&A WATCH
PIF unit eyes controlling stake in Egypt’s leading education company with view to turning it into a regional platform
The two parties reached a conditional agreement that will see SEIC subscribe for new shares in SIC
Posted inIPO WATCH
Horizon Educational inches closer to an IPO on Nomu
The offering could generate up to SAR 27 mn in proceeds
Posted inCABINET WATCH
Cabinet approves tax exemptions for industrial inputs
The Water & Electricity Regulatory Authority will be renamed the Saudi Electricity Regulatory Authority
Posted inEARNINGS WATCH
Americana bottom line drops as boycott, Ramadan slowdown bite
The MENA restaurant operator plans to 37 new stores in existing markets