Author Archives: enterpriseam admin
RSG & Acwa Power partner up for sustainable wetland development
The partnership will focus on the wastewater facility at The Red Sea destination
The hype in the financial markets for lower interest rates is cooling (except in crypto)
Market hype over the Fed’s interest rate position is tempering: The so-called “meltup” in the financial markets that accompanied statements made by the chair of the Federal Reserve last week stuttered in the week’s first day of trading yesterday, with stocks falling, US yields rising, and gold falling back from record highs. Risk assets soared […]
KSA, Turkey ink eight trade agreements
Trade volumes between KSA and Turkey rose 32.6% y-o-y to USD 5.8 bn in 2022
DECEMBER 4-7 December (Monday-Thursday): FIABCI Global Leadership Summit, Riyadh. 5 December (Tuesday): Taxcom Middle East, Riyadh. 5-6 December (Tuesday-Wednesday): Education Investment Saudi, Riyadh. 6 December (Wednesday): Book-building process for MBC institutional investors wraps up. 6-7 December (Wednesday- Thursday): Collection and Recovery Middle East Summit, Riyadh. 12 December (Tuesday): Announcement of the final MBC share price. […]
TikTok is still on the naughty list + we’re exploring a rare earths exchange
Good morning, wonderful people, and welcome to another busy Monday as we resume our four-day publication week. We’re still in zero issues and won’t move to a five-day-a-week publication schedule until a little closer to our January launch slot. We have tons of news for you this morning, so we’re going to jump right in […]
Rising protectionism in the West scuppers Saudi chip investment, threatens UAE newspaper buy
The Saudi VC firm has sold its stake in Rain to Silicon Valley Grep VC
MBC prices IPO at SAR 23-25 per share, is fully covered in first hour of subscription period
The offered price range values the company at as much as SAR 8.1 bn
NEOM takes stake in (regionally ubiquitous) Technogym + PIF buys into another luxury hotel chain
Technogym’s shares saw a c.6.9% markup as a result of the transaction, closing at EUR 9.20 from EUR 7.99 on thursday.
Riyadh Steel, Armah Sports close up in Nomu debuts
Investors cheer latest listings on Tadawul’s parallel market