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The plan would see Saudi Arabia recognize Israel if it ends the war in Gaza and recognizes Palestine’s sovereignty
Author Archives: enterpriseam
Posted inECONOMY
Fitch sees rising private borrowing, strong year ahead for non-oil businesses in the Gulf
State-led initiatives + stronger infrastructure for tourism and other priority sectors will help drive non-oil growth
Posted inLOGISTICS
Dammam Port becomes critical node for shipping as Red Sea tensions escalate
Mawani is raising the port’s capacity to keep up with increased demand
Posted inPETROCHEMICALS
Units of Sinopec, Tecnicas Reunidas land USD 3.3 bn Aramco contract
The JV is 65% owned by Tecnicas with the remaining 35% stake held by Sinopec
Posted inENTERPRISE EXPLAINS
Everything you need to know about the premium residency scheme
Five new residency categories for a fee of SAR 4k
Posted inSTARTUP WATCH
Adaverse makes first investment in town
The investment is the first by Adaverse since it expanded operations to Riyadh last year
Posted inALSO ON OUR RADAR
Real estate accounted for 12.2% of non-oil GDP in 9M 2023. PLUS: Debt, technology, hospitality, and construction news
Real estate funds also currently have SAR 170 bn of assets under management
Posted inPLANET FINANCE
Dow, S&P notch fresh highs. PLUS: Beijing is preparing a USD 278 bn rescue package.
Traders on Wall Street are concerned that this year’s rally has largely been led by tech stocks
Posted inCALENDAR
JANUARY22-24 January (Monday-Wednesday): Real Estate Future Forum, Riyadh.26 January (Friday): Andrea Bocelli concert, AlUla.26-27 January (Friday-Saturday): 2024 Diriyah E-Prix, Diriyah.28-31 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 […]