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Dallah Healthcare owns a 27.2% stake in IMC, while Fitaihi Holding has a 19.25% stake
Author Archives: enterpriseam admin
Posted inPLANET FINANCE
Buffett says Berkshire Hathaway has no possible “eye-popping” gains left
Buffett believes that only a handful of firms remain that are capable of “truly moving the needle at Berkshire”
Posted inCALENDAR
MARCH 2 March (Friday): end of Noor Riyadh show, segment “Refracted Identities, Shared Futures”, Riyadh. 10 or 11 March (Sunday or Monday): First day of Ramadan (tbc) 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. 11 March (Monday): Flag Day (national holiday) […]
Posted inWHAT WE’RE TRACKING TODAY
PIF looks to ramp up annual deployment capacity to USD 70 bn, positions Saudi as global AI hub
Plus: EFG Hermes named best research house in KSA for second consecutive year
Posted inM&A
PIF eyes stake in Saudi Binladin Group
PIF is reportedly eyeing the Finance Ministry’s 36% stake in Saudi Binladin Group
Posted inInvestment Watch
Alsulaiman Group to roll out 21 new Ikea showrooms, is investing in logistics and Circle K units
The new stores will be located in major cities including Madinah, Makkah, Al-Qassim, Jazan, and Tabuk
Posted inM&A WATCH
Basserah merges with Dubai-based AI startup Nybl
The merger will see nybl integrating Basserah’s products, systems, and intellectual property under its brand name
Posted inEARNINGS WATCH
Lucid remains in the red in 2023. PLUS: Results from Qassim Cement, Thob Al Aseel
Lucid expects to produce 9k vehicles in 2024
Posted inSports
Lots of fighting news, plus some football and horse racing
The first female MMA card also went down here yesterday