NOVEMBER25 November (Monday): The final allocation of shares of United Holding International Company’s IPO on Tadawu.25-27 November (Monday-Wednesday): World Investment Conference, Riyadh.25 November-1 December (Monday-Sunday): Offering period for Digital Research Company’s (DRC) Nomu IPO.26 November (Tuesday): Saudi Aramco 3Q 2024 dividend distribution.26-28 November (Tuesday-Thursday): Black Hat MEA 2024, Riyadh Exhibition & Conference Center, Malham26-28 November […]
Author Archives: enterpriseam
Posted inARTIFICIAL INTELLIGENCE
Businesses report improved business performance citing AI adoption
Public cloud and skills enablement lead Saudi AI spending priorities
Posted inIPO WATCH
Al Battal Factory issues prospectus for Nomu IPO
The company reported SAR 4.5 mn in net income in 1H 2024
Posted inALSO ON OUR RADAR
China Telecom sets up shop in Riyadh
PLUS:PIF-owned Jada Fund of Funds invested an undisclosed sum in Seedra Ventures Fund II
Posted inPLANET FINANCE
Adani stocks plunge on US indictment
Adani withdrew its USD 600 mn sustainable bonds
Posted inSAUDI IN THE NEWS
Activists disrupt Aramco CFO’s MIT talk
PLUS: A Saudi delegate at COP29 was accused of tampering with an official negotiating text
Posted inRENEWABLES
France’s Engie to build a new solar power plant, while Al Jouf Cement will offtake production
The plant will generate 25% of the company’s electricity needs
Posted inALSO ON OUR RADAR
Ezditek breaks ground on 24 MW Riyadh data center
PLUS: Flynas launches three new weekly direct flights between Egypt
Posted inPLANET FINANCE
ECB warns of Eurozone debt and market instability risks
Rising borrowing costs for some countries are driving concerns that the continent’s more-indebted countries might be facing serious threats to debt sustainability
Posted inREAL ESTATE
Commercial rent rises again, although occupancy remains stable -Knight Frank
Grade B rents rose 27% y-o-y in Riyadh in 3Q 2024