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The total includes USD 10 bn from the Arab Coordination Group and pledges from Saudi, the OPEC Fund, and the Islamic Development Bank
Author Archives: enterpriseam
Posted inPLANET FINANCE
Global political unrest spreads volatility across stock markets
South Korean stocks and the currency took a hit after President Yoon Suk Yeol’s decision to declare and then reverse martial law
Posted inALSO ON OUR RADAR
Six new hotel brands coming to KEC courtesy of Hilton + Marriott
PLUS: Saudi venture capital invests in a PE fund by Aliph Capital
Posted inMOVES
Airbus taps Eid Al Qahtani for RHQ president
Al Qahtani comes with 20 years of experience in project management
Posted inRENEWABLES
TotalEnergies + EDF Renewables land solar projects in the Kingdom
EDF will develop two solar parks totaling 1.4 GW
Posted inEARNINGS WATCH
Tas’heel drove growth in United International Holding’s results in 3Q
Gains came largely on the back of Tas’heel’s new Shariah-compliant financing options
Posted inIPO WATCH
Nice One IPO lands cornerstone investors
Masarrah Investment, Mohamed Abdulaziz Al Habib & Sons, and Frontier Investment Management Partners all committed to cornerstone investments
Posted inInvestment Watch
Acwa Power eyes USD 6-10 bn in investment in China next year
The company invested USD 2 bn during its first year of operations in China
Posted inMOVES
Riyadh Steel names acting CEO
Abdullah Ali will take over following the resignation of Ahmed Alnafie