PIF’s Heathrow stake and Riyadh Expo 2030 dominate the headlines
Author Archives: enterpriseam admin
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 […]
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
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 […]
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 […]
Saudi economy to rebound in 2024 -Riyad Capital
It expects non-oil activities to continue accelerating next year with oil activities gradually recovering
The PIF closes a syndicated loan worth up to USD 5 bn
The PIF secures a USD 3 bn syndicated loan: The Public Investment Fund (PIF) — the Kingdom’s sovereign wealth fund — has lined up a facility from a syndicate of nine international banks to finance its imports from South Korea for projects that are partially or fully run by the fund, according to a joint […]
Asyad takes 49% stake in Swissport Saudi Arabia
The transaction is subject to regulatory approvals
Aviation report: A battle over emissions, lots of SAF, more affordable tickets, and cross-border cargo
The plan will focus on reducing carbon emissions, afforestation, and the protection of marine and terrestrial areas