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Plus: Mithaq Law Office opens joint venture in Riyadh
Author Archives: enterpriseam
Posted inAUTOMOTIVE
PIF-back Lucid expands US EV plant and inks supplier agreement with Ma’aden
The new expansion will see the automaker develop a new general assembly line, quality and semi-knock down centers, and expanded body and paint shops
Posted inM&A WATCH
Lana Medical is the new owner of Saham Environmental Services
The transaction will be financed through Lana Medical’s own resources
Posted inENERGY
Red Sea Global shifts to low-carbon biofuel for land vehicles fleet
The biofuel used by the RSG is produced from locally sourced cooking oil
Posted inEARNINGS WATCH
Aldrees Petroleum top and bottom line are up as it reports FY2023 results
Revenue growth driven by expanding network of filling stations, rising business at transport division’s logistics unit
Posted inMOVES
New bosses at Journalists Association, Horizon Food
Al Harbi was the general manager of Almarai Eastern Province Region
Posted inALSO ON OUR RADAR
Jabal Omar lands a SAR 1.9 murabaha facility. PLUS: Tourism, renewables, energy, construction.
A two-year facility backed with a FinMin guarantee
Posted inPLANET FINANCE
US economy beats Europe, Asia to recovery from covid-era headwinds
The US hit its 2% inflation target across the second half 2023
Posted inDIPLOMACY
No way forward but immediate ceasefire in Gaza, says FM Faisal bin Farhan, Egypt FM Shoukry
They also discussed the crisis in Libya, Syria and Yemen
Posted inCALENDAR
JANUARY28-31 January (Sunday-Wednesday): Saudi Franchise Expo 2024, Jeddah.28-31 January (Sunday-Wednesday): BiznEX, the Riyadh International Convention and Exhibition Center, Riyadh.30 January-3 February (Tuesday-Saturday): Alula 2024 Tour.FEBRUARY4-6 February (Sunday-Tuesday): SIMEC International Expo, Riyadh.5-7 February (Monday-Wednesday): Saudi HORECA 2024, Jeddah.8 February (Thursday): end of Tuwaiq International Sculpture Symposium, Riyadh.8-10 February (Thursday-Sunday): Hail Toyota International Rally.10-14 February (Saturday-Wednesday): Filipino […]