Author Archives: enterpriseam
Posted inIPO WATCH
Arabica Star sets Nomu IPO price at SAR 64 apiece
The offering was 16.1x oversubscribed
Posted inALSO ON OUR RADAR
Ezditek, Gcore to establish an AI factory in the Kingdom
Al-Babtain Power and Telecom will supply 500 kV HVDC overhead transmission lines to Hyundai E&C
Posted inM&A WATCH
Knowledge Net sells two subsidiaries to Saudi Development Fund
Part of a push to fuel growth and expansion
Posted inWHAT WE’RE TRACKING TODAY
Budget is up for discussion at cabinet today
PLUS: Most Saudi companies don’t have the capacity to implement AI strategies
Posted inPLANET FINANCE
How will the incoming Trump administration affect the markets?
The USD’s post-election honeymoon is forecast to be a short-term thing as it becomes apparent that is both overvalued and overstretched
Posted inMANUFACTURING
Modon launches the world’s largest food cluster in Jeddah
The hub is expected to reel in SAR 20 bn in investments over the decade
Posted inBANKING
Saudi banks outperform GCC peers in credit + revenue growth for 3Q
The real estate sector saw the highest q-o-q growth in credit issuance
Posted inIPO WATCH
UIHC’s retail offering was 9.1x oversubscribed
Final shares allocation wrapped up yesterday