enterpriseam admin, Author at KSA

Retail inks SAR 1.2 bn housing contract in Jubail. PLUS: Chinese tourism bookings, Foster + Partners, blueberries, and more

by enterpriseam adminNovember 28, 2023

REAL ESTATE- Retal signs SAR 1.2 bn contract for housing units in the Eastern Province’s Jubail:RetalUrban Development Co. signed a contract worth SAR 1.2 bn to develop primary and secondary infrastructure development and 897 residential units in Jubail Industrial City under a partnership with Jubail and Yanbu Industrial Cities Services Company (Jabeen), it said in […]

PLANET FINANCE

Foreigners are still bullish on the Tadawul, but Saudis cashed out some gains last week

by enterpriseam adminNovember 28, 2023

Foreigners remain bullish on Tadawul: Foreigners were net buyers of Saudi equities in the week ending 23 November, with net purchases worth SAR 1.7 bn. GCC nationals were net sellers, with net sales worth SAR 264.5 mn, while Saudis made net sales worth SAR 1.4 bn, according to Tadawul figures. Foreigners are holding their positions: […]

DIPLOMACY

KSA, Italy plan investments in mining, oil and gas. PLUS: Diplomatic ties with Armenia, FM in Spain

by enterpriseam adminNovember 28, 2023

The countries are set to develop a regulatory framework to accelerate the critical raw materials sector

CALENDAR

by enterpriseam adminNovember 28, 2023

NOVEMBER 26-28 November (Sunday-Wednesday): Reliability & Maintainability Conference & Exhibition 2023, Grand Hyatt Hotel, Al Khobar. 26-28 November (Sunday-Tuesday): NCT Middle East, Riyadh. 27 November (Monday): Saudi Data Forum, JW Marriot, Riyadh. 27-29 November (Monday-Wednesday): Saudi HORECA, Riyadh International Convention & Exhibition Center, Riyadh. 30 November (Thursday): Start of Noor Riyadh show, King Abdullah Financial […]

WHAT WE’RE TRACKING TODAY

Women’s participation in the workforce more than doubles from 2017

by enterpriseam adminNovember 27, 2023

Good morning, wonderful people. We hope you enjoyed our impromptu long weekend. We’ve boiled down a ton of news for you this morning — a task made easier by a reasonably quiet day for news yesterday. THE BIG STORY here at home? No single story captures the imagination, but we have more IPO and M&A […]

ECONOMY

The economy is set to contract this year on lower oil output, but the private sector boom continues –World Bank

by enterpriseam adminNovember 27, 2023

The economy is set to shrink for the first time on an annual basis since covid, with the Kingdom’s GDP is expected to contract by 0.5% y-o-y this calendar year compared to 8.7% growth in 2022. The culprit? Voluntary oil cuts of 1 mn bpd from July until the end of the year, according to […]