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Author Archives: enterpriseam admin
Lots of transport-type news this fine fall morning
RAIL- Saudi Arabia Railways has inked a contract with Al Jabr Automotive to transport thousands of cars annually via freight trains, according to a statement. Under the terms of the four year agreement, SAR will transport the vehicles from King AbdulAziz Port in Dammam to a storage and distribution yard in Dammam, writes state-owned Saudi […]
BTC breaks past 40k. Plus: Pure Health IPO, Aldar’s London buy
It’s Aldar’s first acquisition outside the MENA region
Energy cooperation with Brazil
Saudi Arabia and Brazil will work together on a range of energy projects, including electricity, green hydrogen, oil and gas, and petrochemicals under an MoU signed as part of a KSA-Brazil roundtable in Riyadh last week, according to state news agency SPA. The MoU was signed by Energy Minister Abdulaziz bin Salman and Brazilian Mining […]
DECEMBER 30 November – 9 December (Thursday-Saturday): Red Sea Film Festival, Jeddah 3-7 December (Sunday-Thursday): The International Conference on Air Services Negotiations (ICAN2023), Riyadh. 4 December (Monday): Saudi Green Initiative Forum, Dubai. 4-7 December (Monday-Thursday): FIABCI Global Leadership Summit, Riyadh. 5 December (Tuesday): Taxcom Middle East, Riyadh. 5-6 December (Tuesday-Wednesday): Education Investment Saudi, Riyadh. 6-7 […]
Riyadh Cement gets update to main market from Nomu
Plus: A lesson from Elon Musk on how to court a client
Your essential (KSA-centric) COP28 primer
We’re going to get beaten up about fossil fuels. Big surprise. And we’re going to push back.
First Saudi ETF in Asia closes up on day one, could cross-list in mainland China
CSOP’s Saudi Arabia exchange-traded fund (2830.HK on Reuters) aced its debut in Hong Kong, wrapping up its first trading day yesterday with a 0.8% gain to HKD 77.6 a piece at the market close, data from the HKEX showed. It’s the first ETF in Asia tracking Saudi equities. FOR THE RECORD- “We think Saudi Arabia’s […]
Brazil’s Embraer, JBS to invest more in KSA
JBS is set to 4x its processing of chicken in Saudi, while Embraer will explore making the Kingdom a hub for its C-390 Millennium military transport aircraft
Kingdom Holding grabs additional stake in Citigroup
KHC said the “transaction supports the company’s strategic plans,” but did not elaborate.