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Paris-based equity firm Ardian will also acquire a 15% stake in the airport holding company
Author Archives: enterpriseam admin
Posted inNEOM WATCH
Neom unveils new tourist hub, Siranna. Oxagon eyes “clean industrial transformation.”
New destination will be in the northwest of the mega-city
Posted inMOVES
Saudi Investment Recycling shuffles board of directors
PIF-backed SIRC reshuffles board of directors: The Saudi Investment Recycling Company (SIRC), a subsidiary of the PIF, said it has restructured its board of directors, according to its Linkedin. The waste management focused company will now be headed by Khalid Mohammed Al Salem (Linkedin), it said. Al Salem is currently the president of the Royal […]
Posted inSAUDI IN THE NEWS
It’s a busy morning of KSA in the global press
PIF’s Heathrow stake and Riyadh Expo 2030 dominate the headlines
Posted inALSO ON OUR RADAR
Debt, investment, real estate — we’ve got a bit of everything this AM
DEBT- #1- Saudi Cable inks a debt-transfer agreement:Tadawul-listed Saudi Cable Company (SCC) has inked an agreement under which Al Rajhi Banking Investment agreed to transfer its rights to a SAR 232.7 mn debt owed by the cable manufacturer to Tathmeer Investment, according to a disclosure to Tadawul yesterday. Tathmeer plans to “capitalize this indebtedness later […]
Posted inPLANET FINANCE
The OECD warns of higher-for-longer rates in 2024, contrary to bullish markets
The OECD blamed its outlook on cost pressures and rising food and energy prices
Posted inCALENDAR
NOVEMBER 29-30 November (Wednesday- Thursday): Jazan Investment Forum, Jazan. 29-30 November (Wednesday- Thursday): Global Healthspan Summit, Jazan. 30 November (Thursday): Start of Noor Riyadh show, King Abdullah Financial District, Riyadh. 30 November - 9 December (Thursday-Saturday): Red Sea Film Festival, Jeddah DECEMBER 3-7 December (Sunday-Thursday): The International Conference on Air Services Negotiations (ICAN2023), Riyadh. 4 […]
Posted inWHAT WE’RE TRACKING TODAY
Riyadh will play host to Expo2030 in latest boost to tourism dreams unthinkable just a few years ago
Good morning, wonderful people. We’re going to kick off today with a nice run of five stories that should put a smile on even the grumpiest of faces on this fall morning. And if you’re into air freight or air travel? Well, we’ve got a packed news well just for you. #1- IT’S OFFICIAL- We’re […]