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Author Archives: enterpriseam admin
China’s fresh promises to rejuvenate its faltering stock market may not be enough
Investors seem to be giving up on China’s stock market: Over 40% of investors surveyed at a Goldman Sachs conference in Hong Kong last week think that Chinese equities are “uninvestable,” despite authorities vowing “forceful” measures to stabilize its falling stock market, the Financial Times reported yesterday. The measures: The country’s Securities Regulatory Commission said […]
FEBRUARY 4-6 February (Sunday-Tuesday): SIMEC International Expo, Riyadh. 4-8 February (Sunday-Thursday): World Defence Show, Riyadh. 5-7 February (Monday-Wednesday): Saudi HORECA 2024, Jeddah. 6 February (Tuesday): Capital Markets & ESG Finance Saudi Arabia 2024, Riyadh. 8 February (Thursday): end of Tuwaiq International Sculpture Symposium, Riyadh. 8-10 February (Thursday-Sunday): Hail Toyota International Rally. 9 February- 23 March […]
Retail investors can now buy pieces of sovereign sukuk
Good moring, wonderful people. We hope you had a great weekend and are looking forward to a productive week. PSA- We have about 35 days left until the first day of Ramadan. Things HAPPENING TODAY on which you might want to keep an eye: #1- FinMin, NDMC launch maiden retail saving sukuk program: Citizens of […]
Saudi banks are well-positioned to grow this year –S&P
The banking sector will be propelled by robust credit demand in non-oil sectors and ongoing initiatives for economic diversification
Land routes to keep the Houthis away?
Houthi attacks on the Red Sea have caused "the biggest diversion of international trade in decades"
New regulations for the Privatization Law cover direct awards and set minimum valuations
Projects earmarked for privatization must have a minimum valuation of SAR 50 mn
“Airbnb for cars” Ejaro targets regional expansion after closing pre-Series A funding round
The latest funding round brings Ejaro’s total raised capital to USD 4.5 mn
21 developers named pre-qualified bidders for four new 1.8 GW power plants
The list also includes local firms Acwa Power, Marafiq, Saudi Electricity Company (SEC) and Jomaih Water and Energy
Followup: How the gov’t is now calculating FDI
Old method overestimated overvalued cumulative FDI stock by as much as 25%