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Author Archives: enterpriseam admin
A more nuanced look into the impact of the Strait of Hormuz’s closure on the GCC
Hormuz typically accounts for around 25% of global seaborne oil trade and some 20% of global LNG trade
MARCH 12 March (Thursday): Deadline for real estate registration for 253.2k properties in 499 neighborhoods across Riyadh, Qassim, Makkah, and Hail. 18-23 March (Tuesday-Monday): Eid Al Fitr holiday (TBC). 21 March (Saturday): Fanatics Flag Football Classic, Kingdom Arena, Riyadh. 25-27 March (Wednesday-Friday): Future Investment Initiative Institute, Faena Hotel, Miami Beach. 31 March (Tuesday): Zatca’s 23rd […]
THIS MORNING: Saudi air defences intercept weekend barrage targeting oil fields and air bases
Saudia extends flight suspensions to the Gulf, begins limited flights to Dubai
FinMin asserts its balance sheet can absorb war shocks
Global oil prices surging past USD 90 act as a natural buffer against potential export volume drops
How PIF and GCC wealth funds could stress-test the Iran conflict
The escalating regional conflict could force a rethink of sovereign capital deployment across the GCC. The Public Investment Fund (PIF) — and other GCC sovereign wealth funds — will likely adjust their strategies based on their specific structural mandates and the layout of the sovereign balance sheet, Daniel Brett, head of data and research at […]
Sabic posts biggest loss since 2003 amid asset sales and sector glut
Sabic swung to a net loss of SAR 25.8 bn