{"id":84362,"date":"2024-03-14T00:00:00","date_gmt":"2024-03-14T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2024\/03\/14\/smasco-neft-alsharq-asg-plastic-are-going-public\/"},"modified":"2024-03-14T00:00:00","modified_gmt":"2024-03-14T00:00:00","slug":"smasco-neft-alsharq-asg-plastic-are-going-public","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2024\/03\/14\/smasco-neft-alsharq-asg-plastic-are-going-public\/","title":{"rendered":"Smasco, Neft Alsharq, ASG Plastic are going public"},"content":{"rendered":"

Good morning, fellow fans of weekend relaxation<\/strong>. We have a light (but engaging) issue for you this morning before we all slide into the first weekend of Ramadan. <\/p>\n

PSA- Civil defense officials are still warning that rain and thunderstorms are in the <\/strong>forecast through Sunday<\/strong> for Asir, Jazan, Qassim, the Eastern Province, Madinah, Hail, and the Northern Borders. Expect moderate to heavy rain with a risk of flash floods and blowing sand. Taif, Tabuk, and Madinah could also see periods of heavy rain through the weekend.<\/p>\n

Winds will continue to be stiff across those areas <\/strong>through Tuesday, according to our favorite weather app.<\/p>\n

\u2601\ufe0fWEEKEND WEATHER<\/strong>-<\/strong>Expect a mix of sun and clouds today over Riyadh<\/strong> with a daytime high of 31\u00b0C falling to 19\u00b0C overnight. It\u2019s shaping up to be a cloudy weekend, with the overcast weather continuing through Tuesday. Expect plenty of wind Sunday through Tuesday in the capital city. <\/p>\n

So, when do we eat? <\/strong>Maghrib prayers are at 6:02 pm today and you\u2019ll have until 4:44 am tomorrow to finish your sohour. <\/p>\n

WATCH THIS SPACE-<\/p>\n

<\/a> Local mining company <\/strong>Khatawat<\/strong> is reportedly one of four <\/strong>bidders for gold exploration <\/strong>rights in two areas near Egypt\u2019s Sukari gold mine<\/strong>, Asharq Business<\/a> reports, citing an unnamed Egyptian official. Canada\u2019s Lotus Gold, Russia\u2019s Infinity, and Nubian Mining are also reportedly vying for the projects. Shalateen Mineral Resource Company launched the international tender in May 2022<\/a> for gold exploration rights at five different sites.<\/p>\n

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PSAs- <\/p>\n

<\/a> #1- Private sector companies interested in bidding for outdoor advertising on <\/strong>highways <\/strong>between cities can submit their offers<\/strong> to the Roads General Authority (RTA) by no later than Monday, 6 May, the RTA said in a post on X<\/a>.<\/p>\n

<\/a> #2- Government employees looking to switch into other departments or other <\/strong>roles can <\/strong>apply through a newly launched job mobility service <\/strong>by the Human Resources and Social Development Ministry (HRSD), according to a post on X<\/a>. The new service<\/a> aims to facilitate direct and external transfers among government entities.<\/p>\n

SPORTS-<\/p>\n

<\/a> \u26bd In the Saudi Pro League tonight <\/strong>we have three matches kicking off at 10pm: Abha will be facing Al-Wehda | Al-Hazm vs. Al-Shabab | and Al-Khaleej vs. Al-Akhdoud.<\/p>\n

Tomorrow: <\/strong>Al Ahli vs. Al Nassr | Al Tai vs. Al Ettifaq | Al Feiha vs Al Riyadh \u2014 all at 10pm. <\/p>\n

Saturday, 16 March: <\/strong>Al Hilal vs. Damac | Al Fateh vs Al Ittihad | Al Raed vs. Al Taawoun \u2014 again, all at 10pm.<\/p>\n

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THE BIG STORY ABROAD- <\/p>\n

It\u2019s a toss-up between the US presidential election and Tiktok for which story is getting <\/strong>the most attention this morning<\/strong> in the global business press. Media outlets around the world are taking stock of Trump v. Biden, Round II \u2014 it\u2019s the first rematch between US presidential contenders since 1956<\/a>. They\u2019re also asking what\u2019s next for Tiktok after the House of Representatives voted yesterday to give owner ByteDance six months to sell it or face a ban in the US of A. <\/p>\n

Must-read on the US election:<\/strong>Biden and Trump clinch nominations, setting the stage for a<\/a>grueling general election rematch<\/a> (Associated Press).<\/p>\n

Must-read on TikTok:<\/strong>What\u2019s next for TikTok and its US users after House approves ban<\/a> (Financial Times).<\/p>\n

Cue the protectionists: Overseas takeovers of high-profile western companies are raising <\/strong>hackles in London and Washington.<\/strong> Rishi Sunak is pushing for legislation that would prevent UAE-backed RedBird IMI from bidding for The Telegraph<\/a>. And across the pond, Joe Biden is expected to speak out today against Nippon Steel\u2019s USD 14.9 bn bid for US Steel<\/a>.<\/p>\n

Closer to home: <\/strong><\/p>\n