Partners for Growth provided debt financing to some of Saudi’s leading startups, including Tabby
Author Archives: enterpriseam admin
First Mills delivers top- and bottom-line growth in FY 2023. Plus: Earnings from Halawni, Gasco, BinDawood
BinDawood Holding | First Milling Company | Halwani Bros | GASCO
SNB names Saleh Alfuraih as CEO of digital venture and payment unit
Alfuraih was Cenomi’s Fintech CEO
SWPC inches closer to developing a new sewage treatment plant
GASCO | Almosafer | SWPC | Halawani Bros
Private equity grapples with USD 3 tn worth of unsold companies
The private equity industry is facing a severe liquidity crunch, with firms globally sitting on a whopping 28k unsold companies valued at USD 3.2 tn, according to consultancy Bain & Co's latest annual private equity report (pdf). Nearly half of assets have been held for four years or more, which the report says is the […]
APRIL 8-11 April (Monday-Thursday): Saudi Super Cup, Abu Dhabi. 10 April (Wednesday): Eid al-Fitr 14-21 April (Sunday-Monday): IMF and World Bank spring meetings, Washington, DC 28-29 April (Sunday-Monday): World Economic Forum’s Special Meeting, Riyadh. 29 April-1 May: Future Hospitality Summit at Al Faisaliah Hotel, Riyadh. MAY 2-5 May (Thursday-Sunday): TownhallExpo, Riyadh. 19-21 May (Sunday-Tuesday): Saudi […]
Aramex opens regional HQ in Saudi Arabia
Digital security firm Elm is still in talks to buy the PIF’s stake in business service provider Thiqah
Real GDP shrank last year under the weight of oil production cuts
The government had estimated that GDP would increase 0.03% in 2023
Aramco’s net income is down, dividend is up — and its business outlook is still ambitious
PIF is set to receive some USD 5 bn in quarterly dividend payments from Aramco