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Due to the length of this morning’s report, our Calendar appears only on the web. DECEMBER 12 December (Tuesday): Announcement of the final MBC share price. 13-16 December (Wednesday-Saturday): The 6th International Arabian Horse Show, Riyadh. 16 December (Saturday): end of Noor Riyadh show, segment “The Bright Side of the Desert Moon, Riyadh. 18-20 December […]
Author Archives: enterpriseam admin
Posted inWHAT WE’RE TRACKING TODAY
It’s going to be a big week for news out of COP28 — and China
Eyes around the region have turned to the border between Egypt and Gaza
Posted inCLIMATE
Saudi is playing a make-or-break role in COP28 talks, setting Europeans on edge
Europeans are ramping up the rhetoric as Saudi negotiators push back on calls to phase out oil and gas
Posted inECONOMY
Some projects could miss 2030 deadline as gov’t aims to balance inflation, import bill, and domestic debt market
Some projects will be delayed to 2033, while others will be extended to 2035 and beyond
Posted inINFRASTRUCTURE
USD 7 bn Saudi land bridge megaproject moves ahead
The new railway will take seven years to complete, and will consist of a total of six lines
Posted inM&A WATCH
Cenomi Retail to sell fashion business to unit of Al Othaim in SAR 120 mn transaction
The sale’s proceeds will be used to sponsor Cenomi Retail’s focus on champion brands and deleverage debt
Posted inSTARTUP WATCH
Lendo lands USD 28 mn series B + SaaS startup Blink closes USD 2.1 seed round
This brings Lendo’s total funds raised YTD to USD 63.2 mn
Posted inFINANCE
The Hong Kong iteration of “Davos in the Desert” took place over the weekend
S4 Capital Chairman Sir Martin Sorrell was among those attending
Posted inMOVES
Edelman hires GM for Saudi Arabia
Prior to his post in Riyadh, Azzi was the Head of PR in Lebanon and Iraq in 2019 for two years