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Author Archives: enterpriseam admin
Madinah props up contract awards in April
April was the busiest month so far this year by project count
Ades, Lazurde, Tasheel and Seera post 1Q earnings
M&A activity helped boost Ades’ net income
Almarai gets a new CFO from within its ranks
Ikram Ulhaque will take over from Danko Maras
SRMG doubles down in Thmanyah, Al Akaria awards Porta Jeddah contract
PLUS: FinMin’s May sukuk issuance raises over SAR 2.4 bn
Gulf SWFs caught in the middle as Pimco and Apollo split on private credit valuation
The Gulf’s largest sovereign allocators are heavily exposed to the same private credit complex now now debate
MAY 24-28 May (Sunday-Thursday): Eid Al Adha holiday. JUNE 15-17 June (Monday-Wednesday): Aluminum Arabia, The Arena, Riyadh. 21-24 June (Sunday-Wednesday): Saudi Food Exhibition and Conference, Riyadh Front Expo. 21-24 June (Sunday-Wednesday): Saudi Print & Pack, Riyadh International Convention & Exhibition Center. 21-24 June (Sunday-Wednesday): Riyadh International Industry Week, Riyadh International Convention & Exhibition Center. 21-24 […]
THIS MORNING: Aramco’s infrastructure investments paid off in crisis time
Good morning, ladies and gents. It’s another issue where we stress about Saudi’s fiscal resilience, and analysts are telling us things could go either way for our budget deficit when (or if?) Hormuz reopens for business. It’s also another earnings-heavy issue with the likes of Al Othaim Markets, Jarir Marketing, Sasco, and more showing their […]