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Author Archives: enterpriseam admin
Is Ajlan & Bros eyeing a multi-bn USD investment in Egypt’s tourism industry?
The investment firm reportedly wants to launch 10 new hotels in the Red Sea
Waja Group to assemble, market EVs in Egypt
The business partners are looking to set up a JV that will serve both domestic and export demand
Khawarizmi Ventures leads USD 1 mn pre-seed round for Egypt-based HR-tech startup Bluworks
The funds are earmarked for building the company’s product portfolio, and growing its team
Saudi Azm inches closer to a main market transition
AlRajhi Capital will be quarterbacking the transition as financial advisor
Less expensive movie tickets could be happening
The Film Commission also approved slashing licensing fees levied on operators to run cinemas
GCC insurers to “plow ahead” amid geopolitical tensions –S&P
2023 was the first year for all 25 Saudi insurers to post net profit
Almarai’s net income up 9% y-o-y in 1Q on back of improved costs management
Almarai said it was able to “absorb the adverse impact of the EGP devaluation” during the quarter
Saudi Cable’s new chairman + new CEOs at Herfy and Nayifat Finance
Saudi Cable appointed Fawaz Mubarak Al Muqbel as its new CEO last week
Roshn, Cisco could deploy IoT in smart cities. Plus: Neom, debt and services
Roshn | Cisco | Neom | Discover Neom | Amlak International Finance | solutions by STC | Smart Cities Solutions | Batic