It expects non-oil activities to continue accelerating next year with oil activities gradually recovering
Author Archives: enterpriseam admin
The PIF closes a syndicated loan worth up to USD 5 bn
The PIF secures a USD 3 bn syndicated loan: The Public Investment Fund (PIF) — the Kingdom’s sovereign wealth fund — has lined up a facility from a syndicate of nine international banks to finance its imports from South Korea for projects that are partially or fully run by the fund, according to a joint […]
Asyad takes 49% stake in Swissport Saudi Arabia
The transaction is subject to regulatory approvals
Aviation report: A battle over emissions, lots of SAF, more affordable tickets, and cross-border cargo
The plan will focus on reducing carbon emissions, afforestation, and the protection of marine and terrestrial areas
Al Rajhi Bank reappoints chairman and VP
Al Rajhi Bank, the kingdom’s second-largest bank by assets, reappointed Abdullah Al Rajhi(bio) as chairman of the board of directors, a discourse by the bank to Tadawul read on Monday. It also reappointed Ibrahim Al Romaih (bio) as vice chairman. The appointments followed a vote by the ordinary general meeting of shareholders earlier this month. […]
Crickets
Riyadh being named host of Expo 2030 is leading the conversation on Saudi in the international press on an otherwise fairly quiet morning for KSA in the news.
KSA + USA are cooperating in outer space
SPACE- Brace for Saudi-US space cooperation: Saudi Arabia and the US agreed to work together on the exploration of outer space for peaceful purposes, the Saudi Press Agency reported on Tuesday. The two will look to streamline commercial opportunities in the space industry, exchange expertise, and collaborate on exploration missions to outer space. The two […]
Greenback slips to three-month lows as market prices-in Fed rate cuts
The USD is on track for its worst monthly performance in a year