enterpriseam

Houthi attacks likely to delay Saudi investment decisions rather than kill projects, Oxford Economics says

Oxford Economics expects the Houthi attacks to show up in Saudi Arabia’s investment pipeline as postponed decisions rather than lost projects. “The initial impact could be more visible in delayed ...
enterpriseam

Saudi women’s football moves from grassroots to a state-backed professional league

Zero-tax packages are pulling in overseas talent; the next few years will show whether the league can post a commercial return and not just ...
enterpriseam

Saudi Arabia, the UAE, and Oman are each rewriting IPO rules to fix a credibility problem

The Saudi Capital Market Authority (CMA) closes public comment tomorrow on a draft that would make underwriting banks buy any IPO shares investors don’t take, force institutional bidders to prove the ...
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UK commits Typhoons to intercept Houthi drones and missiles over Saudi Arabia

The UK is deploying RAF Typhoon fighters to help defend Saudi cities and infrastructure against Houthi drones and missiles, according to a statement from the UK Defense Ministry. The jets “will not ...
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Morocco’s new government eyes 5% growth, a wider tax base, and more social aid in its five-year plan

El Mansouri’s plan also includes sharp commitments to criminalize illicit enrichment and conflicts of interest ...
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Qatar pitches two power plants, LNG, and renewables to fix Lebanon’s grid

Qatar is offering to rebuild Lebanon’s crumbling electricity supply system over three years, pitching a buildout led by two combined-cycle generation plants with 825 MW capacity ...
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MNT-Halan rings the bell as Banque du Caire locks in foreign cornerstones

MNT-Halan closed its first day up 6.6% at EGP 26.20, valuing the Egyptian fintech at some EGP 41.9 bn (USD 770 mn). MNT Tech Holding for Financial Investments gave back most of an intraday rally that ...
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Arada makes Saudi debut with USD 3.8 bn Riyadh project, targets 100k homes

The Sharjah developer is taking its expansion spree to Saudi Arabia, with an AED 49 bn landbank and further projects planned in Jeddah and Makkah ...
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Fuel costs are making Gulf airlines rethink how long to keep older jets flying

The fuel shock is starting to eat into the extra life airlines squeezed out of older aircraft. In recent years, delivery delays at Airbus and Boeing made almost any usable jet worth flying, even one ...
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Egypt is preparing four more strategic warehouses for private-sector PPPs as its first three near full operation

The first batch cost more than twice what the state budgeted in 2022, and the ownership model has moved toward long-term private operation ...
enterpriseam

Riyadh’s housing market keeps climbing a year into gov’t cooling efforts

The accelerating prices in the capital indicate that a year of rent freezes and the White Land Tax has yet to cool a city ...
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Tourism, investment ministries greenlight SAR 6.7 bn in hotels across five tourism destinations

The tourism and investment ministries approved 19 hospitality projects set to draw SAR 6.7 bn in investment and add more than 3k hotel rooms across five tourism destinations, with around 40% of the ...