Good morning ladies and gentlemen. We’re waking up to a relatively busy Monday as we inch closer towards EnterpriseAM Saudi going live to the outside world on Sunday, 28 January. Want to have coffee in Riyadh with us this week? Email patrick@enterprisemea.com. Tap or click here to get EnterpriseAM Saudi in your inbox on launch […]
Author Archives: enterpriseam
Posted inECONOMY
A peek at the 2024 debt picture
The debt portfolio’s average time to maturity (ATM) is currently at 9.5 years
Posted inPETROCHEMICALS
Sabic reaches FID for China petrochem complex
The project comes under a plan by Sabic to diversify its feedstock sources
Posted inISLAMIC FINANCE
BSF closes second issuance from USD 4 bn sukuk program
The offering was 4x oversubscribed
Posted inDEBT WATCH
Jamjoom wants to line up SAR 36 mn in financing for its Algeria JV
This financing would cover the JV’s short-term working capital requirements
Posted inM&A WATCH
MIS makes play with OpenAI rival
The investment is part of a SAR 40 mn allocation for an investment portfolio directed towards global AI firms
Posted inEARNINGS WATCH
A positive 4Q for Almarai
The rise in net income came on the back of higher operating income and the full acquisition of the Egypt and Jordan business
Posted inMOVES
Tadco taps Yahya Mubaraki to CEO
The promotion comes after the former CEO opted not to extend his contract
Posted inALSO ON OUR RADAR
Bahri enters agreement with Proman for methanol-powered vessels
The two vessels are advanced dual-fuel tankers that are highly efficient for transporting cargo