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OPEC is putting its spin on Aramco’s decision to cap investment in hydrocarbon production
Author Archives: enterpriseam
Posted inCAPITAL MARKETS
Who’s in and who’s out as MSCI rebalances indexes?
Plus: What’s an MSCI index, anyway, and why should you care?
Posted inTOURISM
New regs on foreign tourist vessels aim to promote coastal tourism
The rules don’t apply to cargo ships or warships
Posted inCABINET WATCH
New Tourism Authority regs, putting CMA staff on boards get nods at weekly cabinet meeting
CMA board members can now assume governmental positions
Posted inM&A WATCH
Northern Region Cement sells entire stake in Cement Experts
The sale comes as Northern Region Cement seeks the entry into other “strategic partnerships”
Posted inEARNINGS WATCH
eXtra’s net profits dip 11.3% in 2023, revenues up 2.8%
The company’s revenues saw a rise of 2.8% y-o-y reaching SAR 6.2 bn
Posted inSAUDI IN THE NEWS
Tourism authority wants attention of global industry insiders
Plus: Making sense of Biden’s policy toward the Arab world
Posted inSPORTS
Saudi Arabia is hosting two big billiards events. PLUS: Suspensions and fines for some Green Falcons
A prize pot of over GBP 2 mn makes it the second richest on the tour schedule
Posted inALSO ON OUR RADAR
2P tapped to operate the Health Ministry’s call centers. PLUS: food, AI, green mobility
SERVICES- IT service provider and consultantPerfect Presentation (2P) will be operating the Health Ministry’s call centers under a SAR 201 mn contract, the company said in a Tadawul filing yesterday. The multi-channel services would allow users to submit requests, inquiries, feedback and complaints to the Ministry. The contract — which is set to be signed […]
Posted inPLANET FINANCE
Markets aren’t happy after hotter-than-expected US inflation report
Traders worry the overshoot will make the Fed even less likely to cut interest rates in March