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The plant is powered by 20 MW of solar energy
Author Archives: enterpriseam admin
Posted inEARNINGS WATCH
Saib’s bottomline up 16.8% y-o-y in FY 2023
Saib’s investments rose 14.6% y-o-y last year to SAR 32.3 bn
Posted inSAUDI IN THE NEWS
Planned multi-use Prince Mohammed bin Salman Stadium in Qiddiya gets a shoutout
The stadium will host 45k seats when completed
Posted inALSO ON OUR RADAR
Subscription for new retail saving sukuk program starts. PLUS: Supply chains, infrastructure, manufacturing
The subscription will wrap up on Tuesday, 6 February
Posted inPLANET FINANCE
China’s fresh promises to rejuvenate its faltering stock market may not be enough
Investors seem to be giving up on China’s stock market: Over 40% of investors surveyed at a Goldman Sachs conference in Hong Kong last week think that Chinese equities are “uninvestable,” despite authorities vowing “forceful” measures to stabilize its falling stock market, the Financial Times reported yesterday. The measures: The country’s Securities Regulatory Commission said […]
Posted inCALENDAR
FEBRUARY 4-6 February (Sunday-Tuesday): SIMEC International Expo, Riyadh. 4-8 February (Sunday-Thursday): World Defence Show, Riyadh. 5-7 February (Monday-Wednesday): Saudi HORECA 2024, Jeddah. 6 February (Tuesday): Capital Markets & ESG Finance Saudi Arabia 2024, Riyadh. 8 February (Thursday): end of Tuwaiq International Sculpture Symposium, Riyadh. 8-10 February (Thursday-Sunday): Hail Toyota International Rally. 9 February- 23 March […]
Posted inWHAT WE’RE TRACKING TODAY
Retail investors can now buy pieces of sovereign sukuk
Good moring, wonderful people. We hope you had a great weekend and are looking forward to a productive week. PSA- We have about 35 days left until the first day of Ramadan. Things HAPPENING TODAY on which you might want to keep an eye: #1- FinMin, NDMC launch maiden retail saving sukuk program: Citizens of […]
Posted inBANKING
Saudi banks are well-positioned to grow this year –S&P
The banking sector will be propelled by robust credit demand in non-oil sectors and ongoing initiatives for economic diversification
Posted inLOGISTICS
Land routes to keep the Houthis away?
Houthi attacks on the Red Sea have caused “the biggest diversion of international trade in decades”
Posted inREGULATION
New regulations for the Privatization Law cover direct awards and set minimum valuations
Projects earmarked for privatization must have a minimum valuation of SAR 50 mn