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RELOCATION- German pharma player Merck moves regional HQ to Riyadh: German drugs and chemicals group Merck Group opened its new regional headquarters in Riyadh as its Middle East and North Africa hub, state news agency SPA reported. Merck Group Managing Director Yaser Alhagan said the relocation aims to support its expansion strategy in the region. […]
Author Archives: enterpriseam admin
Posted inPLANET FINANCE
Let the transatlantic salary wars begin
“When you look at standards for compensation around the world, the US is in a different place,” said London Stock Exchange Group CEO David Schwimmer
Posted inCALENDAR
MARCH 4-6 March (Monday-Wednesday): International Conference on Sand and Dust Storms in the Arabian Peninsula, Riyadh. 4-7 March (Monday-Thursday): LEAP 2024, Riyadh. 10 or 11 March: First day of Ramadan (tbc based on sighting of the crescent moon). 11 March (Monday): Flag Day (national holiday) APRIL 10 April (Wednesday): Eid al-Fitr (tbc based on the […]
Posted inWHAT WE’RE TRACKING TODAY
Singapore’s Olam Group is still looking at a Saudi IPO for is agriculture unit
Plus: Hilton looks to open 60 new properties here
Posted inBUSINESS
Saudi CEOs are expecting better returns in the short run, citing an optimistic economic outlook
74% of the respondents are likely to up their talent acquisition by 5% or more in the next 12 months
Posted inIPO WATCH
Modern Mills prices its IPO top of the range
The order books was 127x covered by institutional investors
Posted inDEBT WATCH
PIF raises USD 2 bn from second debt sale of 2024, could tap markets again in second half
Order books hit over USD 16 bn
Posted inDEBT WATCH
Alinma Bank lists additional tier one certificates on the London Stock Exchange
Investors can snap up certificates worth a minimum of USD 200k
Posted inENERGY
SNB Capital raises USD 230 mn for new oil and gas fund, will invest in E&P assets
SNB Capital raised USD 230 for the new fund
Posted inREGULATION WATCH
New rules on ride hailing and other fare-based transport services went into effect yesterday
Drivers of ride-hailing companies will be banned for canceling more than 5 ride requests within a 30 day period