Trackers that gauge the uptake of protection measures against market volatility picked up in the second half of this mont
Author Archives: enterpriseam
A flurry of M&A news from Avilog + Naif Al Rajhi Investment + Sadirat + Zamil Group
PLUS: Americana is investing SAR 375 mn in a new frozen French fries plant in Riyadh
Saudi + Russia block amendment to phase out fossil fuels in UN Climate Change Resolution
The Kingdom cited a lack of “balance” in the proposal
MISA + GlassPoint begin rolling out test pilot for Ma’aden I solar plant
The pilot phase will provide 1% of the steam required to power a nearby Ma’aden aluminum plant
FM joins global talks on Gaza + Lebanon + Sudan at G7 Summit
Talks covered reaching ceasefires in all three countries
Investment funds’ AUM surge 30% y-o-y to SAR 660.2 bn in 3Q
Institutional investors held 95.5% of equities
In a trade war, everyone loses, China cautions following Trump’s tariff pledges
Trump pledged on Monday to impose tariffs of 25% on all imports coming from Mexico and Canada, along with a blanket 10% tariff on Chinese goods
India-based LT Foods eyes SAR 185 mn investments in the Kingdom
PLUS: Qatar’s GWC is developing Grade A logistics + storage facilities at Ras Al Khair Industrial Port
New financial eligibility limits for the Citizen Account Program
The program disbursed SAR 3.4 bn to 10.7 mn beneficiaries for November
Saudi leads MENA + Arab countries on Quality Infrastructure Index
PLUS: Opec+ could push its planned oil cut phase-out to 2Q 2025