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Good morning, friends, and happy almost-Thursday. We hope the week is treating you well — and ask that you kindly fasten your seatbelts and strap in for a busy issue this morning. THE BIG STORY AT HOME on this fine winter morning sees oil analysts the world over digesting news that Aramco will stop investing […]
Author Archives: enterpriseam admin
Posted inECONOMY
IMF trims the Kingdom’s growth outlook
The IMF expects non-oil growth to “remain robust” despite downward revision for GDP growth
Posted inHEALTHCARE
Jamjoom wants to make a type 2 diabetes drug in Saudi amid deeper push into localization
The contract runs until January 2026
Posted inMINING
Kefi strikes gold in Jibal Qutman
Kefi owns a 25% stake in Jibal Qutman through a JB with local partner Artar
Posted inSports
Princess Reema pushes back on opposition to hosting global women’s tennis finals in Saudi
World #1 Aryana Sabalenka is for playing the WTA finals here
Posted inIPO WATCH
Subscription open to retail investors who want a piece of Avalon Pharma’s IPO
The retail subscription period wraps up on Thursday, 1 February
Posted inREGULATION
Investment Ministry wants to know about your investments abroad
This would require private companies to disclose information about their investments abroad
Posted inCABINET WATCH
A busy day at the Cabinet
The Cabinet also approved the Kingdom joining the OECD’s ITF
Posted inEARNINGS WATCH
Jarir sees good 4Q, good year
Jarir broke its SAR 10 bn revenue barrier, hitting a historic milestone in 2023
Posted inEARNINGS WATCH
Bupa Arabia sees 2023 net income up nearly 17% + Edarat Group net income rises 37.8%
Its ins. revenues rose 21.6% y-o-y during the quarter to c. SAR 4.2 bn