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Al Rajhi Bank, the kingdom’s second-largest bank by assets, reappointed Abdullah Al Rajhi(bio) as chairman of the board of directors, a discourse by the bank to Tadawul read on Monday. It also reappointed Ibrahim Al Romaih (bio) as vice chairman. The appointments followed a vote by the ordinary general meeting of shareholders earlier this month. […]
Author Archives: enterpriseam admin
Posted inSAUDI IN THE NEWS
Crickets
Riyadh being named host of Expo 2030 is leading the conversation on Saudi in the international press on an otherwise fairly quiet morning for KSA in the news.
Posted inALSO ON OUR RADAR
KSA + USA are cooperating in outer space
SPACE- Brace for Saudi-US space cooperation: Saudi Arabia and the US agreed to work together on the exploration of outer space for peaceful purposes, the Saudi Press Agency reported on Tuesday. The two will look to streamline commercial opportunities in the space industry, exchange expertise, and collaborate on exploration missions to outer space. The two […]
Posted inPLANET FINANCE
Greenback slips to three-month lows as market prices-in Fed rate cuts
The USD is on track for its worst monthly performance in a year
Posted inCALENDAR
NOVEMBER 26-28 November (Sunday-Wednesday): Reliability & Maintainability Conference & Exhibition 2023, Grand Hyatt Hotel, Al Khobar. 26-28 November (Sunday-Tuesday): NCT Middle East, Riyadh. 27 November (Monday): Saudi Data Forum, JW Marriot, Riyadh. 27-29 November (Monday-Wednesday): Saudi HORECA, Riyadh International Convention & Exhibition Center, Riyadh. 30 November (Thursday): Start of Noor Riyadh show, King Abdullah Financial […]
Posted inWHAT WE’RE TRACKING TODAY
We’ll know in a few hours if we’re hosting the world’s Expo 2030
Good morning, wonderful people. It’s a relatively slow news morning in the Kingdom, but it won’t stay that way for long as we await news of whether Riyadh will get the nod to host the world’s Expo 2030. And it’s never a slow news day when Metallica announce they’re coming to Riyadh — or when […]
Posted inPROJECTING POWER
KSA, Uzbekistan ink agreements worth USD 12 bn, mainly in energy
Saudi Arabia and Uzbekistan signed agreements worth USD 12 bn that will see the Kingdom invest in everything from energy, agriculture, chemistry and IT to pharma and infrastructure, Uzbekistan’s News Agency (UzA) reported on Monday. And more: The two countries also reached an agreement to promote new projects and programs in transport infrastructure and utilities, […]
Posted inCAPITAL MARKETS
Single-stock options hit Tadawul
The SSOs will have to be physically settled which requires the actual delivery of the underlying asset