Sitara Petroleum Services Limited IPO
As part of my ongoing work on the upcoming IPO of Sitara Petroleum Services Limited, I have undertaken a detailed assessment of the company with the objective of forming an independent investment view. This note summarizes my preliminary findings and aims to provide a structured perspective for investors.The analysis covers key aspects of the business, […]
Saudi Cement Sector – Comparative Valuation and Investment
This analysis evaluates the listed Saudi cement companies across five key valuation and income-generation metrics: EV/Ton Five companies trade below USD 100 EV/Ton, indicating attractive asset valuations relative to replacement cost. Najran Cement leads the sector at USD 63 EV/Ton, the lowest among peers. Tabuk Cement follows closely at USD 67 EV/Ton, while City Cement, […]
Saudi Banking Sector Snapshot
The Saudi banking sector delivered strong financial performance during the first half of 2025, supported by rising net profits, healthy credit growth, and stable macroeconomic conditions. Saudi banks benefited from increased financing activities, expanding investments, and strong liquidity despite global economic uncertainties and oil market volatility. Strong Growth in Deposits and Loans Saudi banks continued […]