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Plus: Amazon pays USD 1.9 mn to contract workers after finding labor issues in its supply chain in Saudi
Author Archives: enterpriseam admin
Posted inPLANET FINANCE
Nvidia gains help S&P 500 hit fresh closing high
Nvidia’s valuation hits USD 2 tn: Nvidia continued its rally on Friday, with its valuation briefly hitting USD 2 tn for the first time ever. The US chipmaker made the biggest single-day market cap gain in history by adding USD 277 bn to its valuation on Thursday after its quarterly revenues rose 265% y-o-y on […]
Posted inDIPLOMACY
Saudi Fund for Development sign USD 55 loan agreement with Tunisia
The loan will be used to revamp railway infrastructure
Posted inCALENDAR
MARCH 2 March (Friday): end of Noor Riyadh show, segment “Refracted Identities, Shared Futures”, Riyadh. 4-6 March (Monday-Wednesday): International Conference on Sand and Dust Storms in the Arabian Peninsula, Riyadh. 4-5 March (Monday-Tuesday): Saudi Arabia Green Energy Week 2024, Riyadh. 4-6 March (Monday-Wednesday): Saudi International Digital Marketing and E-Commerce Expo 2024, Riyadh. 4-7 March (Monday-Thursday): […]
Posted inWHAT WE’RE TRACKING TODAY
Mubadala could step in to take a piece of Heathrow alongside PIF, Ardian
Plus: Second flag carrier Riyadh Air could take to the skies by mid-2025
Posted inCAPITAL MARKETS
Recap: Day two of the Saudi Capital Market Forum
Securitization and corporate debt instruments are growth areas for the debt market
Posted inMANUFACTURING
PIF platform Alat announces first four int’l partners under sustainable tech manufacturing drive
Alat plans to invest USD 100 bn to boost technological capabilities by 2030
Posted inRETAIL
Saudi Arabia among top 10 retail markets in emerging economies
Non-cash retail transactions rose to 62% in 2022, up from 16% in 2016
Posted inENERGY
Energy Ministry announces qualified bidders for dry gas filling, wholesale LPG distribution licenses
The tender comes months after the Energy Ministry issued in May implementing regulations for the industry
Posted inDEBT WATCH
SNB kicks off sale of USD-denominated sustainable sukuk
The proceeds will be channeled for “general corporate purposes and to fulfill the bank’s financial and strategic objectives”