Abdulrahman bin Sulaiman was the company’s Deputy Chairman
Author Archives: enterpriseam admin
Dussur + Baker Hughes opens chemicals manufacturing facility. Plus: Defense, healthcare, education, finance, and tech
Plus: Defense, healthcare, education, finance, and tech
IMF head lays out recipe to help Arab world withstand headwinds
Three courses of action could help the Arab world withstand economic headwinds and uncertainties resulting from geopolitical conflict and crises, IMF Managing Director Kristalina Georgieva said during her keynote speech at the World Government Summit in Dubai. Phasing out energy subsidies could save the region USD 336 bn and help address pollution and improve social […]
Kingdom drops second USD 250 mn budget boost for Yemen
The crisis in the Red Sea has worsened an already battered economy
FEBRUARY 13 February (Tuesday): The Global Smart Cities Forum wraps up, Riyadh Arena, Riyadh. 14 February (Wednesday): The International Petroleum Technology Conference (IPTC) wraps up, Dhahran. 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): […]
STC is still in the running for a piece of Altice in Portugal
Good morning, wonderful people. We hope you had a restful weekend full of family, friends, and good food. We have a weighty issue for you this morning with plenty of news from the Public Investment Fund, a report that three Bulge Bracket stalwarts are in line to quarterback a blockbuster share sale for Aramco, and […]
Aramco inches closer to blockbuster share sale, looks set to tap HSBC, Goldman and Citi to advise
The share sale is expected to draw in some USD 20 bn in capital
Cenomi Retail wraps up SAR 115 mn sale of Innovative Outfit Trading
The transaction will see Cenomi sell the franchise rights to 16 brands
PIF eyeing Starbucks Mideast, Roma + USD 1 bn Chinese VC fund
Plus: Lucid looks to move to full production in Jeddah “soon”
Saudi banks set for slower credit growth this year –S&P
The forecasts are down from a 10% credit growth reported by the banks last year