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Only Saudis can sell insurance in the Kingdom come April 2024
Author Archives: enterpriseam admin
Posted inPLANET FINANCE
The Gulf IPO boom shows no signs of slowing
It’s a wonderful time of the year: The IPOs of Saudi broadcaster MBC and Emirati healthcare firm PureHealth have attracted a combined USD 86.5 bn in bids as investor demand for Gulf companies continues apace, Bloomberg writes, talking up the “IPO frenzy” in our corner of the world. The takeaway: “That’s in stark contrast to […]
Posted inDIPLOMACY
MoUs worth bns inked as China-Saudi investment conference kicks off
The kingdom’s efforts to draw level on clean energy transition provides China potential to boost involvement in region’s renewables
Posted inCALENDAR
DECEMBER 9 December (Saturday): Ministerial roundtable of Futures Mineral Forum, Riyadh. 10-11 December (Sunday-Monday): Forum and Exhibition of Futures Mineral Forum, Riyadh. 12 December (Tuesday): Announcement of the final MBC share price. 13-16 December (Wednesday-Saturday): The 6th International Arabian Horse Show, Riyadh. 16 December (Saturday): end of Noor Riyadh show, segment “The Bright Side of […]
Posted inWHAT WE’RE TRACKING TODAY
It’s crunch time at COP28
Plus: Stoltenberg in town, MBC to price IPO today
Posted inSports
High drama surrounds the Kingdom’s pursuit of golf, tennis
#1- Is the PGA Tour playing both sides of the street? It’s a time of high drama for the Public Investment Funds’s bid to merge its Liv Golf franchise with the PGA and European tours. A 31 December deadline for the transaction is looming — and in just a matter of days, the PGA has […]
Posted inMANUFACTURING
Zamil unit lands SAR 575 mn contract to build defense systems complex
The Kingdom aims to localize 50% of its defense production by 2030
Posted inTRANSPORTATION
Setec plans big for flying taxi takeoff in the Kingdom
A preliminary feasibility study for the project is currently underway for Riyadh
Posted inM&A WATCH
Abu-Dhabi-based Pure Harvest Smart Farms’ acquisition set to double production capacity in Saudi Arabia
The acquisition aims to double the company’s production capacity in Saudi Arabia and facilitate RedSea’s transformation into a “pure-play Agri Climate tech” firm
Posted inBUSINESS OF LAW
White & Case now operating directly in KSA
Firm has landed a foreign law license