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Politics shouldn’t drive global supply chains, the Industry Minister said.
Author Archives: enterpriseam admin
Posted inMARITIME
Mawani saw a record uptick in container handling in 2023
A good run for Mawani:Saudi Ports Authority (Mawani) saw a 12% y-o-y increase in container handling across its ports to 8.4 mn TEU in 2023, it said in a statement earlier this week. Overall port container handling, including ports that are not managed by Mawani, was up 9% y-o-y to 11.4 mn TEU last year. […]
Posted inINFRASTRUCTURE
KEC unit awards contract to City Cool-led consortium
The plant will potentially provide 21k tons of refrigeration
Posted inM&A WATCH
Alinma Bank acquires Tokio Marine’s stake in Arabian Shield Ins.
The transaction is expected to close by the end of March 2024
Posted inENERGY
Ma’aden and GlassPoint unveil first phase of world’s largest solar thermal plant
The facility — set to be the world’s largest STE plant — will generate 1.5 GWth of clean energy
Posted inISLAMIC FINANCE
Saudi Fransi hires advisors to quarterback potential FCY sukuk issuance
The proceeds will be earmarked for supporting the lender’s Islamic finance business
Posted inALSO ON OUR RADAR
A little bit of everything
PLUS: East Pipes Integrated Company for Industry to supply steel pipes for the SWCC under SAR 1 bn contract
Posted inPLANET FINANCE
Investors pour USD 900 mn into BTC ETFs in three days
The US’ SEC greenlit the funds last week
Posted inCALENDAR
JANUARY 17-20 January (Wednesday-Saturday): Richard Mille AlUla Desert Polo 2024, AlUla. 19 January (Friday): Saudi India Festival, Diplomatic Quarter, Jeddah. 22-24 January (Monday-Wednesday): Real Estate Future Forum, Riyadh. 26 January (Friday): Andrea Bocelli concert, AlUla. 26-27 January (Friday-Saturday): 2024 Diriyah E-Prix, Diriyah. 28-31 January (Sunday-Wednesday): Saudi Franchise Expo 2024, Jeddah. 28-31 January (Sunday-Wednesday): BiznEX, the […]