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Plus: Rothschild to open office here, Ajlan eyes USD 1 bn worth of investments in China
Author Archives: enterpriseam admin
Posted inBANKING
Four of the Kingdom’s seven largest banks saw NPLs dip last year
Personal NPLs accounted for 37% of the total NPLs of seven banks
Posted inCAPITAL MARKETS
PGM debuted on Nomu yesterday. PLUS: Bahrain’s GFH gears up for listing on Tadawul
The offering was 109% oversubscribed
Posted inM&A WATCH
Aramco, Mapei get regulatory approvals for separate mergers in Kuwait
Sabic unit Hadeed is still waiting for clearance to buy 100% of Rajhi Steel
Posted inTOURISM
New refund rules for delayed check-in, unfulfilled Hajj accommodation
Refunds can go up to 15% of the package value
Posted inEARNINGS WATCH
Sulaiman Al Habib, NADEC, Gulf Ins, Academy of Learning report results for FY2023
NADEC’s dairy, food, and agriculture sectors were the main growth drivers in 2023
Posted inALSO ON OUR RADAR
United Maintenance and Contracting lands SAR 1.8 bn racetrack contract for Speed Park
The racetrack will host major events, including Formula 1 Grand Prix
Posted inPLANET FINANCE
Investors worry that Red Sea disruptions and consumer boycotts could put an end to US stock rally
Earnings forecasts for S&P 500 companies over the next 12 months are at a record high
Posted inCALENDAR
FEBRUARY 19-20 February (Monday-Tuesday): Saudi Capital Market Forum, King Abdullah Financial District, Riyadh. 20-21 February (Tuesday-Wednesday): Saudi Media Forum, Riyadh. 22 February (Thursday): Founding Day (national holiday). 26-29 February (Monday-Thursday): Big 5 Construct Saudi, Riyadh. 26-29 February (Monday-Thursday): FM EXPO SAUD. 26-29 February (Monday-Thursday): Stone and Service Saudi Arabia, Riyadh. MARCH 2 March (Friday): end […]