Good afternoon, folks. It’s another hot Monday here at home, with another sluggish news cycle to boot.

THE BIG STORY TODAY

PIF eyeing local agri firm Daltex Crop? Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF) is reportedly currently in talks with people from local agriculture firm Daltex Corporation to acquire an unspecified minority stake in the firm, Al Mal reports, citing sources it said are in the know.

What we know: The talks are still in the early stages, and both sides are doing their due diligence. If the talks go smoothly, the acquisition will be completed through a capital increase that will be used to fund the company’s expansions, and finance its exports of production requirements.

THE BIG STORY ABROAD

Israel’s airstrikes on Rafah continue to lead the conversation in the international press this afternoon. The IDF’s attacks on Rafah — which killed at least 45 refugees and wounding 200 — came after Hamas fired rockets at Tel Aviv yesterday for the first time since January. Israeli officials claimed that their attacks were in compliance with the ICJ ruling to halt its bombardment against Palestinians, passing it off as a “precise” attack against Hamas freedom fighters. Over 37k Palestinians have been killed by Israel since last October. (Reuters | Bloomberg | CNN | AP)

WANT TO START A CAREER IN INVESTOR RELATIONS ADVISORY? Enterprise Advisory (formerly known as Inktank Communications) is looking for smart, talented people to help us tell the stories of exciting companies. Enterprise Advisory is the region’s leading investor relations advisory company and works on investor and strategic communications issues that take you deep inside the c-suite. Our clients are in Egypt, Saudi Arabia, the UAE and beyond. Egyptian and foreign nationals alike are welcome to apply.

NEVER WORKED IN INVESTOR RELATIONS BEFORE? We have the Enterprise Advisory Development Program. The two-month program will see full-time, paid participants take part in workshops and lectures from veteran investor relations and advisory professionals, while also applying their knowledge in a practical setting. Those who successfully complete the program will be offered full-time positions on staff for a chance to work in a flexible and supportive — but still fast-paced — work environment that eschews micromanagement and rewards good work. Enterprise Advisory offers the chance to build a network of high-ranking individuals across some of the largest and most influential companies in the region through direct exposure to clients.

During the program, you’ll learn:

  • Finance for non-finance people;
  • How to analyze businesses, their business models, their strategic advantages, and their strategies;
  • How to take that information and then tell an audience of investors, journalists, and analysts a compelling and well-developed story;
  • How to frame individual companies’ stories within the wider macroeconomic environment.

Career switchers are very welcome.

Apply directly to jobs@enterprisemea.com and mention “advisory development program” in your subject line.

** CATCH UP QUICK on the top stories from today’s EnterpriseAM:

☀️ TOMORROW’S WEATHER- We have clear skies and a few clouds with a high of 31°C and a low of 23°C in the evening, according to our favorite weather app.

Tags: