{"id":590936,"date":"2023-07-27T00:00:00","date_gmt":"2023-07-27T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/27\/next-on-saudis-economic-diversification-to-do-list-gaming-med-farmers-are-changing-up-their-crop\/"},"modified":"2023-07-27T00:00:00","modified_gmt":"2023-07-27T00:00:00","slug":"next-on-saudis-economic-diversification-to-do-list-gaming-med-farmers-are-changing-up-their-crop","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/27\/next-on-saudis-economic-diversification-to-do-list-gaming-med-farmers-are-changing-up-their-crop\/","title":{"rendered":"Next on Saudi\u2019s economic diversification to-do list: Gaming + Med farmers are changing up their crop"},"content":{"rendered":"

Saudi Arabia is pushing into the world of gaming as part of its Saudi Vision<\/strong> 2030<\/strong>, which aims to open up and diversify the kingdom\u2019s economy outside of the oil industry, the Associated Press<\/a> says. The push is driven by Crown Prince Mohammed bin Salman, a fervent gamer himself, who set up the Savvy Games Group under the kingdom\u2019s Public Investment Fund last year<\/a> to invest USD 39 bn in the gaming industry. The company has since acquired Scopely<\/a>, a mobile gaming player, in a USD 4.9 bn transaction and invested USD 265 mn<\/a> in Chinese esports agency VSPO. <\/p>\n

What\u2019s in it for KSA?<\/strong> W atching video gamers compete is a thriving business supported by mns of fans, corporate sponsors, and even celebrity players. These events provide \u201cprime advertising [potential], and of course, you are promoting the brand of your country as a cool, forward-thinking, interesting place to go on holiday,\u201d a Gulf expert at Brussels-based thinktank European Center for International Affairs told the AP. The gaming industry as a whole generated some USD 184.4 bn in revenues last year \u2014 more than \u201cthe combined earnings of the global box office, music streaming and album sales, and the top five wealthiest sports leagues,\u201d according to a 2021 BCG report<\/a>. <\/p>\n

\n

\n

Salty fields create a new farming reality in the Med:<\/strong> The Mediterranean\u2019s climate is changing faster than any other place on earth, with average temperatures already up 1.5\u00b0C since the industrial age, feeding into a shift in agricultural practices in the region, reports the Wall Street Journal<\/a>. The culmination of higher mercury readings, rising sea levels that reach deeper inland, lacking rainfall or freshwater to flush out fields, and prolonged droughts have created salty fields, depleting farmers of their usual harvests. Now farmers are reconsidering their options. <\/p>\n

Changing lanes: <\/strong>Some farmers are looking to adapt their harvests to the new realities, switching out rice crops for soybeans, which require less water, or growing tropical fruits that enjoy the heat, like mangoes, avocados, and bananas. Others are modifying the crop to suit the environment with new breeds of apples that can withstand higher temperatures or drought-proof tomatoes in development. Yet, scientists aren\u2019t optimistic with the UN reporting intensifying global warming in the Med in the coming decades. \u201cYou can fight it to some extent, but adaptation has its limit and at some point you can\u2019t adapt any more, you have to change,\u201d Carles Iba\u00f1ez Mart\u00ed, head of climate change at Eurecat. <\/p>\n

\n

\n

TikTok is the latest app that\u2019s trying to capitalize on the (impending) downfall of Twitter:<\/strong> TikTok rolled out text-based posts as a new feature earlier this week<\/a>, coinciding with Elon Musk\u2019s abrupt decision<\/a> to change Twitter\u2019s logo from the iconic blue bird to X. TikTok explained that the new feature is aimed at \u201cexpanding the boundaries of content creation\u201d by allowing users to express their creativity, but the uptake on the social media platform has been relatively weak, the Associated Press<\/a> notes. TikTok jumping on the text-based content wagon came just a couple of weeks after Meta\u2019s Instagram rolled out Threads<\/a>, essentially a clone of Twitter, where user posts can include photos, videos up to five minutes long, and can be shared directly to Instagram stories. <\/p>\n","protected":false},"excerpt":{"rendered":"

Saudi Arabia is penetrating the e-sports business<\/p>\n","protected":false},"author":1,"featured_media":590937,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7215],"tags":[633,638,219],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-590936","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-for-your-commute","tag-enterprisepm","tag-for-your-commute","tag-saudi-arabia","wpautop","entry"],"acf":{"mongo_id":"491f1c16-9b0a-4836-8083-b79c2a67413e","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/7\/1149.jpg","photo_position":"below","homepage_title":"","full_issue_title":"","related_issue":[590931],"teaser":"Saudi Arabia is penetrating the e-sports business","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/7\/.c5a57be9-6268-4aae-b1d7-83b9adffd1d4.mp3"},"yoast_head":"\nNext on Saudi\u2019s economic diversification to-do list: Gaming + Med farmers are changing up their crop - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2023\/07\/27\/next-on-saudis-economic-diversification-to-do-list-gaming-med-farmers-are-changing-up-their-crop\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Next on Saudi\u2019s economic diversification to-do list: Gaming + Med farmers are changing up their crop\" \/>\n<meta property=\"og:description\" content=\"Saudi Arabia is penetrating the e-sports business\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2023\/07\/27\/next-on-saudis-economic-diversification-to-do-list-gaming-med-farmers-are-changing-up-their-crop\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-27T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2023\/7\/1149.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/07\/27\/next-on-saudis-economic-diversification-to-do-list-gaming-med-farmers-are-changing-up-their-crop\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/07\/27\/next-on-saudis-economic-diversification-to-do-list-gaming-med-farmers-are-changing-up-their-crop\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Next on Saudi\u2019s economic diversification to-do list: Gaming + Med farmers are changing up their crop\",\"datePublished\":\"2023-07-27T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/07\/27\/next-on-saudis-economic-diversification-to-do-list-gaming-med-farmers-are-changing-up-their-crop\/\"},\"wordCount\":555,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/07\/27\/next-on-saudis-economic-diversification-to-do-list-gaming-med-farmers-are-changing-up-their-crop\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/7\/1149.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterprisePM\",\"FOR YOUR COMMUTE\",\"Saudi Arabia\"],\"articleSection\":[\"FOR YOUR COMMUTE\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/07\/27\/next-on-saudis-economic-diversification-to-do-list-gaming-med-farmers-are-changing-up-their-crop\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2023\/07\/27\/next-on-saudis-economic-diversification-to-do-list-gaming-med-farmers-are-changing-up-their-crop\/\",\"name\":\"Next on Saudi\u2019s economic diversification to-do list: Gaming + Med farmers are changing up their crop - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/07\/27\/next-on-saudis-economic-diversification-to-do-list-gaming-med-farmers-are-changing-up-their-crop\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/07\/27\/next-on-saudis-economic-diversification-to-do-list-gaming-med-farmers-are-changing-up-their-crop\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/7\/1149.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2023-07-27T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/07\/27\/next-on-saudis-economic-diversification-to-do-list-gaming-med-farmers-are-changing-up-their-crop\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2023\/07\/27\/next-on-saudis-economic-diversification-to-do-list-gaming-med-farmers-are-changing-up-their-crop\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/07\/27\/next-on-saudis-economic-diversification-to-do-list-gaming-med-farmers-are-changing-up-their-crop\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2023\/7\/1149.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/7\/1149.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/07\/27\/next-on-saudis-economic-diversification-to-do-list-gaming-med-farmers-are-changing-up-their-crop\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Next on Saudi\u2019s economic diversification to-do list: Gaming + Med farmers are changing up their crop\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Next on Saudi\u2019s economic diversification to-do list: Gaming + Med farmers are changing up their crop - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/27\/next-on-saudis-economic-diversification-to-do-list-gaming-med-farmers-are-changing-up-their-crop\/","og_locale":"en_US","og_type":"article","og_title":"Next on Saudi\u2019s economic diversification to-do list: Gaming + Med farmers are changing up their crop","og_description":"Saudi Arabia is penetrating the e-sports business","og_url":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/27\/next-on-saudis-economic-diversification-to-do-list-gaming-med-farmers-are-changing-up-their-crop\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2023-07-27T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2023\/7\/1149.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/27\/next-on-saudis-economic-diversification-to-do-list-gaming-med-farmers-are-changing-up-their-crop\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/27\/next-on-saudis-economic-diversification-to-do-list-gaming-med-farmers-are-changing-up-their-crop\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Next on Saudi\u2019s economic diversification to-do list: Gaming + Med farmers are changing up their crop","datePublished":"2023-07-27T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/27\/next-on-saudis-economic-diversification-to-do-list-gaming-med-farmers-are-changing-up-their-crop\/"},"wordCount":555,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/27\/next-on-saudis-economic-diversification-to-do-list-gaming-med-farmers-are-changing-up-their-crop\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/7\/1149.jpg?fit=%2C&ssl=1","keywords":["EnterprisePM","FOR YOUR COMMUTE","Saudi Arabia"],"articleSection":["FOR YOUR COMMUTE"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/27\/next-on-saudis-economic-diversification-to-do-list-gaming-med-farmers-are-changing-up-their-crop\/","url":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/27\/next-on-saudis-economic-diversification-to-do-list-gaming-med-farmers-are-changing-up-their-crop\/","name":"Next on Saudi\u2019s economic diversification to-do list: Gaming + Med farmers are changing up their crop - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/27\/next-on-saudis-economic-diversification-to-do-list-gaming-med-farmers-are-changing-up-their-crop\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/27\/next-on-saudis-economic-diversification-to-do-list-gaming-med-farmers-are-changing-up-their-crop\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/7\/1149.jpg?fit=%2C&ssl=1","datePublished":"2023-07-27T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/27\/next-on-saudis-economic-diversification-to-do-list-gaming-med-farmers-are-changing-up-their-crop\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2023\/07\/27\/next-on-saudis-economic-diversification-to-do-list-gaming-med-farmers-are-changing-up-their-crop\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/27\/next-on-saudis-economic-diversification-to-do-list-gaming-med-farmers-are-changing-up-their-crop\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2023\/7\/1149.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/7\/1149.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/27\/next-on-saudis-economic-diversification-to-do-list-gaming-med-farmers-are-changing-up-their-crop\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Next on Saudi\u2019s economic diversification to-do list: Gaming + Med farmers are changing up their crop"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2023\/7\/1149.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2023\/7\/1149.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2023\/7\/1149.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":594230,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/23\/saudi-arabia-renews-usd-5-6-bn-deposits-in-egypt\/","url_meta":{"origin":590936,"position":0},"title":"Saudi Arabia renews USD 5-6 bn deposits in Egypt","author":"enterpriseam admin","date":"23 October 2019","format":false,"excerpt":"Saudi Arabia renewed USD 5-6 bn of its deposits at CBE, Al Mal reported. The central bank signed an agreement with the Saudi Fund for Development (SFD) to extend the maturity of Saudi deposits held by the CBE up to 2022 on the sidelines of the annual meetings of the\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":555061,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/01\/saudi-deposits-usd-3-bn-at-cbe-to-shore-up-egypts-foreign-reserves\/","url_meta":{"origin":590936,"position":1},"title":"Saudi deposits USD 3 bn at CBE to shore up Egypt\u2019s foreign reserves","author":"enterpriseam admin","date":"1 November 2021","format":false,"excerpt":"Saudi Arabia has provided Egypt with USD 3 bn to help it overcome the effects of the pandemic and shore up its foreign reserves. The kingdom deposited the new funds at the Central Bank of Egypt and has extended the maturity of USD 2.3 bn worth of existing deposits, the\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/11\/268.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":588224,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/06\/07\/ksa-is-doubling-down-on-its-sports-spending-with-investments-in-football-golf\/","url_meta":{"origin":590936,"position":2},"title":"KSA is doubling down on its sports spending with investments in football + golf","author":"enterpriseam admin","date":"7 June 2023","format":false,"excerpt":"The investments are part of the kingdom\u2019s push to diversify its revenue streams beyond oil","rel":"","context":"In "FOR YOUR COMMUTE"","block_context":{"text":"FOR YOUR COMMUTE","link":"https:\/\/enterpriseam.com\/egypt\/category\/for-your-commute\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/6\/364.jpeg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":562489,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/26\/saudis-rsgt-has-over-usd-1-5-bn-to-invest-in-ports-and-egypt-is-on-the-short-list\/","url_meta":{"origin":590936,"position":3},"title":"Saudi\u2019s RSGT has over USD 1.5 bn to invest in ports, and Egypt is on the short list","author":"enterpriseam admin","date":"26 May 2021","format":false,"excerpt":"Could Egypt be in line for a slice of investments from a Saudi port operator? Red Sea Gateway Terminal (RSGT) \u2014 in which Saudi Arabia\u2019s Public Investment Fund and Cosco Shipping Ports together hold a 40% stake \u2014 is planning to invest in three or more ports in Africa and\u2026","rel":"","context":"In "Investment Watch"","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/5\/230.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":554709,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/07\/elon-needs-a-twitter-poll-to-dictate-his-morals-ksa-looks-to-cinema-for-its-latest-attempt-at-economic-diversification\/","url_meta":{"origin":590936,"position":4},"title":"Elon needs a Twitter poll to dictate his morals + KSA looks to cinema for its latest attempt at economic diversification","author":"enterpriseam admin","date":"7 November 2021","format":false,"excerpt":"Should Elon sell USD 21 bn worth of Tesla stock? Ask Twitter: Tesla founder, world\u2019s richest person and Twitter-storm instigator Elon Musk has set up a Twitter poll asking his followers whether or not he should sell 10% of his shares, worth USD 21 bn, in the company and promising\u2026","rel":"","context":"In "FOR YOUR COMMUTE"","block_context":{"text":"FOR YOUR COMMUTE","link":"https:\/\/enterpriseam.com\/egypt\/category\/for-your-commute\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/11\/65.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":588557,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/06\/13\/riyadh-beijing-cement-ties-with-usd-10-bn-in-mutual-investment\/","url_meta":{"origin":590936,"position":5},"title":"Riyadh, Beijing cement ties with USD 10 bn in mutual investment","author":"enterpriseam admin","date":"13 June 2023","format":false,"excerpt":"The 30+ agreements span renewables, tech, agriculture, and more","rel":"","context":"In "AROUND THE WORLD"","block_context":{"text":"AROUND THE WORLD","link":"https:\/\/enterpriseam.com\/egypt\/category\/around-the-world\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/6\/649.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/590936","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=590936"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/590936\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/590931"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/590937"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=590936"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=590936"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=590936"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=590936"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=590936"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}