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Riyad Banks’ revenues were up c.17% y-o-y
Author Archives: enterpriseam admin
Posted inALSO ON OUR RADAR
Some action at the Global Smart Cities Forum. Plus: debt, aviation, infrastructure
SDAIA will help the Eastern Province adopt smart city technologies
Posted inPLANET FINANCE
MENA M&A activity was up just 4% in value terms last year
Despite all the turmoil, regional M&A activity was up fractionally last year: MENA closed mergers and acquisitions worth USD 86 bn in 2023, up 4% from the year before despite regional tension and global economic uncertainty, writes EY in its 2023 MENA M&A Insights update. Tech transactions led the pack, with 141 closing 2023. The […]
Posted inCALENDAR
FEBRUARY 14 February (Wednesday): The International Petroleum Technology Conference (IPTC) wraps up, Riyadh. 14 February (Wednesday): Filipino exporters wrap up a business-matching tour in town. 18-21 February (Sunday-Wednesday): Restatex Riyadh Real Estate, Riyadh International Convention and Exhibition Center, Riyadh. 19 February (Monday): The Future of Business 2024 Forum, Eastern Chamber’s HQ, Dammam. 19-20 February (Monday-Tuesday): […]
Posted inWHAT WE’RE TRACKING TODAY
New real estate regulator could be in the works as Riyadh looks to pre-empt housing crunch ahead of Vision 2030 goal
Plus: The industrial production index was down 10.5% in December 2023
Posted inDEBT WATCH
Red Sea Global lines up SAR 2 bn for new luxury hotel
The fresh funds will help a JV between RSG and the Kingdom Holding develop a Four Seasons resort
Posted inPIF WATCH
PIF’s mobility investment arm buys into Croatia-based Project 3 Mobility + eyes Recogni, Holon
P3 plans to use the proceeds to fund its R&D and expand its team
Posted inDEFENSE
Modon lines up investors for projects worth up to SAR 130 mn
The Kingdom has a target of localizing over 50% of its military equipment spending by 2030
Posted inPUBLIC POLICY
New rules regulating gov’t communication at home and abroad
Formal government communication with entities abroad of foreign missions here will only be made through the Foreign Ministry
Posted inEARNINGS WATCH
Tanmiah, Burgerizzr, Tihama 2023 results are in
Tanmiyah faced a tough comp after a one-off gain in 2022