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The round was led by Founders Fund with participation from COTU Ventures
Author Archives: enterpriseam admin
Posted inALSO ON OUR RADAR
Amak strikes 11 mn tons of copper, zinc, gold, silver in Najran
ALSO: KAEC + Mayan ink SAR 104 mn agreement for Luminos Gardens
Posted inPLANET FINANCE
Global growth to hold steady in 2026, but risks are rising -Oxford Economics
Global growth is expected to hold steady next year, but diverging trends in trade, technology, and fiscal policy will shape a more uneven global landscape
Posted inCALENDAR
NOVEMBER 20-29 November (Thursday-Saturday): Public school holiday. 23-27 November (Sunday-Thursday): Global Industry Summit by United Nations Industrial Development Organization, King Abdulaziz International Conference Center, Riyadh. 23-27 November (Sunday-Thursday): The UNIDO General Conference, King Abdulaziz International Conference Center, Riyadh. 30 November -11 December (Sunday-Thursday): The Absher Tuwaiq Hakathon (remote). 24-26 November (Monday-Wednesday): Metropolis Madinah Conference for […]
Posted inWHAT WE’RE TRACKING TODAY
AlKhorayef Group is reportedly tapping banks for oil and gas services unit IPO
PLUS: Cenomi Centers kicks off USD-denominated sukuk issuance
Posted inCAPITAL MARKETS
Aramco is reportedly mulling a USD 10 bn asset sell-down
Its terminals business, seen as one of Aramco’s most lucrative assets, could go to market as early as next year
Posted inLOGISTICS
Mawani, SGP inaugurate SAR 1.5 bn expansion project at King Abdulaziz Port
PLUS: SGP breaks ground on SAR 1.3 bn logistics park near Dammam port
Posted inIPO WATCH
KDL seeks SAR 16.1 mn in Nomu IPO
The final offer price implies a market cap of SAR 80.5 mn at listing.