{"id":106299,"date":"2026-03-24T00:00:00","date_gmt":"2026-03-24T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/?post_type=issue&#038;p=106299"},"modified":"2026-03-24T03:54:50","modified_gmt":"2026-03-24T03:54:50","slug":"were-prepping-for-oil-potentially-reaching-usd-180","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/ksa\/issues\/were-prepping-for-oil-potentially-reaching-usd-180\/","title":{"rendered":"We\u2019re prepping for oil potentially reaching USD 180"},"content":{"rendered":"<section id=\"106301\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"106301\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">1<\/div>\r\n\r\n                    <p class=\"f-graphik\">WHAT WE\u2019RE TRACKING TODAY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/ksa\/2026\/03\/24\/could-the-us-hit-irans-power-plants\/\">\r\n                            Trump threatens to attack Iran\u2019s power plants                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/ksa\/2026\/03\/24\/could-the-us-hit-irans-power-plants\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" 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data-permalink=\"https:\/\/enterpriseam.com\/ksa\/2026\/03\/24\/could-the-us-hit-irans-power-plants\/1082-jpg-16\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/3\/1082.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1082.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/3\/1082.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/3\/1082.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-106301\" class=\"content-area-description single-story post-106301 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-donald-trump tag-enterpriseam-ksa tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Good morning, wonderful people. <\/strong>We\u2019re back in your inbox after what we hope was a relaxing Eid break you spent with your loved ones \u2014 and away from computer screens and the incessant barrage of news.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>It was a rollercoaster over the past few days. <\/strong>US President Donald Trump\u2019s suggestions of the war being almost over were swiftly followed by renewed attacks from both sides. <a href=\"https:\/\/www.reuters.com\/business\/energy\/irans-giant-south-pars-gas-field-centre-gulf-war-escalation-2026-03-19\/\" target=\"_blank\" rel=\"noopener\">Israel attacked the South Pars gas field<\/a> \u2014 Iran\u2019s primary energy resource \u2014 on Thursday, and Iran retaliated with strikes that took out <a href=\"https:\/\/www.reuters.com\/business\/energy\/iran-attack-damage-wipes-out-17-qatars-lng-capacity-three-five-years-qatarenergy-2026-03-19\/\" target=\"_blank\" rel=\"noopener\">17% of Qatar\u2019s LNG export capacity<\/a>.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>THEN- To top it off<\/strong>, Trump threatened on Saturday night to target Iranian power plants if it doesn\u2019t fully open the Strait of Hormuz in 48 hours, which was met with an Iranian threat that \u201call energy infrastructure, as well as information technology [\u2026] and water desalination facilities, belonging to the US and the regime in the region will be targeted.\u201d<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>BUT- Yesterday morning, Trump extended his ultimatum until Friday<\/strong>, citing progress in negotiations with Tehran, which he says agreed not to develop nuclear weapons. However, claims of secret negotiations with unnamed senior Iranian figures hit a wall when Foreign Minister Abbas Araghchi and Parliament Speaker Mohammad Bagher Ghalibaf \u2014 rumored to be the mystery negotiator \u2014 denied any direct or indirect talks (let alone agreeing on terms) with Washington.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Attacks on the GCC did not stop<\/strong> <strong>amid the uncertainty.<\/strong> The Kingdom faced repeated aerial barrages, including multiple ballistic missiles targeting Riyadh over the weekend, though defense systems have intercepted the majority of these strikes.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>The response: <\/strong>A meeting of ministers on Thursday saw our Foreign Minister Faisal bin Farhan warn Tehran of the GCC\u2019s defense capabilities, and urged Iranians to cease their attacks immediately. A couple of days later, the Foreign Ministry <a href=\"https:\/\/www.spa.gov.sa\/en\/N2543729\" target=\"_blank\" rel=\"noopener\">expelled<\/a> Iran\u2019s military attach\u00e9 and three mission staff members on Sunday, declaring them \u201cpersona non grata\u201d and ordering their departure within 24 hours.<\/p>\n<p class=\"tag-border-left\">Watch this space<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Cancellations + reschedules are hitting more events: <\/strong>Our flagship tech conference Leap <a href=\"https:\/\/www.arabnews.com\/node\/2636900\/business-economy\" target=\"_blank\" rel=\"noopener\">is rescheduled<\/a> to 31 August, amid concerns the conflict will impact global participation.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Some execs are so busy putting out fires \u2014 figuratively and literally \u2014 they can\u2019t make it to <\/strong><strong>scheduled events. <\/strong>Aramco CEO Amin Nasser reportedly pulled out of S&amp;P\u2019s CeraWeek energy conference to be held in the US this week, unnamed industry sources told <a href=\"https:\/\/www.reuters.com\/business\/energy\/saudi-aramco-boss-pulls-out-major-international-energy-conference-due-iran-2026-03-22\/\" target=\"_blank\" rel=\"noopener\">Reuters<\/a>. Kuwait Petroleum Corporation CEO Nawaf Al Sabah is also reportedly staying home.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>BUT- FII Priority is going ahead as planned: <\/strong>The annual summit is kicking off in Miami tomorrow and will continue through Friday, with US President Donald Trump set to headline a three-day gathering of Gulf capital and Wall Street heavyweights, <a href=\"https:\/\/saudigazette.com.sa\/article\/659937\/saudi-arabia\/trump-to-headline-fii-priority-summit-miami-2026\" target=\"_blank\" rel=\"noopener\">Saudi Gazette<\/a> reported.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Talk about a timely theme: <\/strong>The summit will explore how capital flows in a \u201cfragmented global environment.\u201d Speakers will include PIF Governor Yasir Al Rumayyan, Finance Minister Mohammed Al Jadaan, Tourism Minister Ahmed Al Khateeb, and Saudi Ambassador to the United States Reema bint Bandar. From the US side, Middle East Envoy Steve Witkoff, Meta Vice Chair Dina Powell McCormick, and Donald Trump Jr. are scheduled to make appearances.<\/p>\n<hr style=\"height: 2px;border-width: 0;color: gray;background-color: gray\" \/>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><a id=\"wwtt1\"><\/a> <strong>IPO \u2014 <\/strong><strong>Ninja seems unfazed by market volatility: <\/strong>Homegrown quick-delivery unicorn Ninja is reportedly gauging investor appetite for a potential IPO on Tadawul\u2019s main market, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-03-23\/saudi-unicorn-ninja-said-to-gauge-ipo-appetite-despite-iran-war\" target=\"_blank\" rel=\"noopener\">Bloomberg<\/a> reports, citing sources it said are familiar with the matter. Ninja\u2019s executives reportedly met with investors in London earlier this month, and are in the final stages of selecting investment banks, the sources added.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Are we looking at a much bigger valuation? <\/strong>The startup logged revenues of USD 1 bn last year and it is looking forward to generating USD 1.6 bn in 2026, the sources said. It was last valued at USD 1.5 bn following a funding round led by Riyad Capital <a href=\"https:\/\/enterpriseam.com\/ksa\/2025\/07\/02\/ninja-hits-unicorn-status-with-usd-250-mn-raise\/\" target=\"_blank\" rel=\"noopener\">in July<\/a>.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>What\u2019s next?<\/strong> Sources say the four-year-old delivery startup will make a decision in the upcoming weeks, as its debut is projected in late 2026 or early 2027. Ninja has the option to raise capital privately if market volatility persists.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>IN CONTEXT- <\/strong>Tadawul fared better than most neighboring markets since the conflict started, due to robust oil prices supporting energy heavyweights. The main market\u2019s latest newcomer, mining company Saleh Abdulaziz Al Rashed &amp; Sons, climbed 8% since its March debut.<\/p>\n<hr style=\"height: 2px;border-width: 0;color: gray;background-color: gray\" \/>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><a id=\"wwtt2\"><\/a> <strong>LNG \u2014 The five-year fallout of the Ras Laffan attacks: <\/strong>Repairs to Qatar\u2019s LNG facilities after this month\u2019s missile strikes could take up to five years, <a href=\"https:\/\/www.mees.com\/2026\/3\/20\/opec\/global-lng-market-expectations-swing-from-glut-to-shortage\/2943e480-2467-11f1-a36c-53bb4cf45e77\" target=\"_blank\" rel=\"noopener\">Mees<\/a> reports. Two liquefaction trains \u2014 roughly 12.8 mtpa, or 17% of capacity \u2014 have been knocked offline, forcing QatarEnergy to declare force majeure on long-term contracts with buyers in Europe and Asia. Each additional month of disruption removes around 1.5% from annual global LNG availability, intensifying competition for a shrinking pool of flexible supply.<\/p>\n<hr style=\"height: 2px;border-width: 0;color: gray;background-color: gray\" \/>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><a id=\"wwtt3\"><\/a> <strong>LOGISTICS \u2014 <\/strong><strong>TGA announces war-related license requirement exemption:<\/strong> The Transport General Authority (TGA) has suspended the requirement for valid maritime licenses and work permits for 30 days for vessels in the Arabian Gulf, according to a <a href=\"https:\/\/x.com\/Saudi_TGA\/status\/2036134336324350025\" target=\"_blank\" rel=\"noopener\">statement<\/a>. The exemption is subject to renewal if necessary and aims to ensure maritime activity continues uninterrupted while enabling vessels to continue their work safely.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Supporting logistics in the east: <\/strong>The Saudi Ports Authority <a href=\"https:\/\/x.com\/MawaniKSA\/status\/2035473188717572239\" target=\"_blank\" rel=\"noopener\">launched<\/a> an initiative this week to supply ships in the Arabian Gulf with fuel, water, and food, as the waterway falls under pressure of a near-total closure of the Strait of Hormuz.<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">Get <b style=\"font-weight: bold\">Enterprise<\/b> daily<\/h4>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p><a class=\"btn-green px-3 d-flex align-items-center\" href=\"ksa\/en\/user\/NewsLetters\" target=\"_blank\" rel=\"noopener\">Subscribe here<\/a><\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>***<\/strong><strong>You\u2019re reading EnterpriseAM Saudi<\/strong>, your essential daily roundup of business, economics, and must-read news about Saudi, delivered straight to your inbox. We\u2019re out Sunday through Thursday by 7am Riyadh time.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>EnterpriseAM Saudi is available without charge <\/strong>thanks to the generous support of our friends at Tas\u2019heel and Hassan Allam Properties.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Want to send us a story idea<\/strong>, request coverage, ask for a correction, or otherwise get in touch? Reach out to us on <a href=\"mailto:climate@enterprisemea.com\" target=\"_blank\" rel=\"noopener\">saudi@enterpriseAM.com<\/a>.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>DID YOU KNOW <\/strong>that we also cover <a href=\"https:\/\/enterprise.news\/egypt\/en\" target=\"_blank\" rel=\"noopener\">Egypt<\/a>, <a href=\"https:\/\/enterprise.news\/uae\/en\" target=\"_blank\" rel=\"noopener\">the UAE<\/a>, the MENA <a href=\"https:\/\/enterprise.news\/logistics\/en\" target=\"_blank\" rel=\"noopener\">logistics<\/a> industry, and the <a href=\"https:\/\/enterprise.news\/mena-india\/en\" target=\"_blank\" rel=\"noopener\">MENA &lt;&gt; India<\/a> corridor?<br \/>\n<strong>***<\/strong><\/p>\n<p class=\"tag-border-left\">The big story abroad<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>The US-Israel war on Iran has not slowed down yet<\/strong>, but US President Donald Trump did announce a five-day pause in strikes and indicate a resumption of talks with Tehran. Trump notably walked back his threat to target the Islamic Republic\u2019s power grid after being urged by US allies and Gulf states, unnamed sources told <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-03-23\/trump-s-market-driven-reversal-buys-time-but-skepticism-abounds?srnd=homepage-middle-east\" target=\"_blank\" rel=\"noopener\">Bloomberg<\/a>.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>But Tehran has denied that it agreed to talk to Washington. <\/strong>\u201cNo negotiations have been held with the US, and fakenews is used to manipulate the financial and oil markets and escape the quagmire in which the US and Israel are trapped,\u201d Iran\u2019s Parliament Speaker Mohammad Baqer Qalibaf <a href=\"https:\/\/x.com\/mb_ghalibaf\/status\/2036108700524347420?s=20\" target=\"_blank\" rel=\"noopener\">said<\/a>.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>WATCH THIS SPACE-<\/strong> There are two things we\u2019ll be watching closely in the days to come: Whether Washington and Tehran will sit at the negotiating table, and whether Trump will stick to his decision not to target Iran\u2019s energy infrastructure. <a href=\"https:\/\/economictimes.indiatimes.com\/news\/newsblogs\/iran-war-news-live-updates-strait-of-hormuz-us-iran-donald-trump-mojtaba-khamenei-uae-dubai-middle-east-war-latest-news\/liveblog\/129765021.cms?from=mdr\" target=\"_blank\" rel=\"noopener\">Iranian media claims<\/a> he already failed to follow through, reporting what so far appear to us to be limited attacks on the country\u2019s gas facilities earlier today.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Oil prices eased on the news: <\/strong>Crude prices <a href=\"https:\/\/www.reuters.com\/business\/energy\/oil-prices-rise-after-us-iran-threaten-hit-energy-targets-middle-east-2026-03-22\/\" target=\"_blank\" rel=\"noopener\">fell 11% yesterday<\/a> following Trump\u2019s decision to delay airstrikes on Iran\u2019s energy facilities and his contested reference to resumed negotiations. Brent crude tumbled USD 12.25 \u2014 a 10.9% drop \u2014 to close at USD 99.94 per barrel.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Wall Street welcomed the decision to delay strikes<\/strong>, with its three major indexes closing in the green, up over 1%.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Also making headlines is the <\/strong><strong><a href=\"https:\/\/www.reuters.com\/world\/americas\/air-canada-express-plane-hits-ground-vehicle-new-yorks-la-guardia-airport-2026-03-23\/\" target=\"_blank\" rel=\"noopener\">collision<\/a><\/strong><strong> between an Air Canada Express jet and a fire <\/strong><strong>truck at New York\u2019s LaGuardia airport.<\/strong> Both pilots were killed and dozens were injured. Aviation safety experts said that air traffic staffing levels \u2014 an encroaching issue in US aviation \u2014 will be a part of the ensuing investigation.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>MEANWHILE- In the world of AI: <\/strong>Asset management firm BlackRock\u2019s CEO Larry Fink has <a href=\"https:\/\/www.reuters.com\/business\/blackrock-ceo-fink-backs-staying-invested-amid-volatility-flags-ai-shift-2026-03-23\/\" target=\"_blank\" rel=\"noopener\">raised the alarm<\/a> over the AI boom, which he says could make wealth disparities more severe. AI stands to continue the trend of keeping gains among individuals who already own financial assets but \u201cat an even larger scale,\u201d Fink said.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/donald-trump\/\">Donald Trump<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/what-were-tracking-today\/\">WHAT WE\u2019RE TRACKING TODAY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"106303\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n      <h4 class=\"wp-block-heading has-text-align-center has-normal-font-size\">\r\n        <span class=\"has-primary-color stk-highlight\"> This publication is proudly sponsored by<\/span>\r\n    <\/h4>\r\n    <div class=\"issue-sponsor-slides-div\">\r\n        \r\n            <div class=\"issue-sponsor-slide issue-sponsor-slide--single-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/42493.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.tasheelfinance.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/15549.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Easier life with Tasheel<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            \r\n            <div class=\"issue-sponsor-slide issue-sponsor-slide--single-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/42494.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/hap.com.eg\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/108985.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>The Luxury of Certainty<\/span>\r\n                <\/div>\r\n            <\/div>\r\n                <\/div>\r\n    <\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"106304\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"106304\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">THE BIG STORY TODAY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/ksa\/2026\/03\/24\/officials-are-modeling-a-worst-case-oil-price-scenario\/\">\r\n                            Could oil go up to USD 180?                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/ksa\/2026\/03\/24\/officials-are-modeling-a-worst-case-oil-price-scenario\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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USD 180 \/ bbl is \u201cnot implausible\u201d as it would still be lower in real USD terms than when oil prices hit over USD 145 \/ bbl during the 2008 financial crisis, but that surge was demand-side driven, Alexander said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It\u2019s all about how long the Hormuz closure is going to last. <\/strong>\u201cI don\u2019t think USD 150 is out of the question in another month [\u2026] You start talking about June, I\u2019ll give you USD 180,\u201d CIBC Private Wealth Senior Energy Trader Rebecca Babin said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Higher prices can be good for us \u2014 but only for a little while.<\/strong> The short-term impact of high prices on our budget would be favorable, Alexander added, as the Kingdom should be able to export well over half the pre-war levels. \u201cIf the oil price averages over USD 140 \/ bbl, then it's a net benefit.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It\u2019s a different story after that.<\/strong> The WSJ reports officials are concerned about a similar scenario: the volatility could tip the global economy into recession or trigger a lasting demand hit as oil consumers cut back. For the medium term, Alexander anticipates higher prices for a longer period, driven by the risk premium and reduced global reserves. Still, \u201ca global recession could also hit demand, so it\u2019s a complex picture.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN CONTEXT-<\/strong> Saudi Arabia has cut output by some 2 mn bbl \/ d since the closure of Hormuz last month, with Saudi Aramco\u2019s CEO Amin Nasser raising <a target=\"_blank\" href=\"https:\/\/about.bnef.com\/insights\/commodities\/iran-rattles-saudis-red-sea-oil-reset-heres-whats-at-stake\/\" style=\"\">alarm bells<\/a> over \u201cthe biggest crisis the region\u2019s oil and gas industry has faced.\u201d The ongoing conflict has already withheld mns of barrels from the global supply, with prices doubling since the war began last month.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It could be much worse if the Trump administration follows through with its threats and bombs <\/strong><strong>the Iranian <\/strong><strong>power grid<\/strong>, to which Tehran wants to retaliate by targeting energy infrastructure throughout West Asia. \u201cI sincerely hope there isn\u2019t destruction of energy infrastructure, but can\u2019t rule anything out in this war,\u201d Alexander said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Riyadh\u2019s alternative route was already targeted right before Eid. <\/strong>The Kingdom\u2019s facilities at Yanbu \u2014 the Red Sea outlet designed to bypass the Hormuz chokepoint \u2014 were <a target=\"_blank\" href=\"https:\/\/about.bnef.com\/insights\/commodities\/iran-rattles-saudis-red-sea-oil-reset-heres-whats-at-stake\/\" style=\"\">targeted by an Iranian drone<\/a> on Thursday. The port recorded some 4.2 mn bbl \/ d exiting its waters by last Wednesday as tankers lined up to offtake the redirected crude. However, another drone hit Samref refinery, raising concerns regarding the long-term security of the Gulf\u2019s escape valve.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">Why this matters<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Pricing tightrope: <\/strong>Aramco is trying to price crude accurately while preventing global consumers from putting their pencils down and slashing oil use for good. Operators across the Kingdom and the wider Gulf are concerned about long-term market instability. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Europe, Japan, and Korea could take the biggest hit<\/strong>, with Aramco weighing how the surging cost of its crude imports will drive up the cost of energy, inflation, and interest rates, ultimately slowing economies and demand.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The big<\/strong><strong>ger picture: <\/strong>Surging oil means the end of cheap energy and factory inputs, Wolfgang Lehmacher, former head of supply chain and transport industries at the World Economic Forum, tells EnterpriseAM. \u201cA probable USD 8-12 \/ gallon gas price kills spending and spurs electric cars. Gulf aluminum plants will close without shipping from Hormuz. World trade growth will slow as costs soar,\u201d he added. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Early signs of strain: <\/strong>Aramco has already cut its crude supply to Asian buyers for April for a second month running, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/saudi-aramco-tells-buyers-lift-only-arab-light-crude-yanbu-april-2026-03-23\/\" style=\"\">Reuters<\/a> reports, citing two insider sources. For now, the producer is only offloading Arab Light exports from Yanbu to term customers next month.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">What\u2019s next?<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A 10-day countdown: <\/strong>All eyes are on 2 April, when Aramco is due to release its official selling prices. Until then, modelers are racing to identify the breaking point \u2014 the price at which gasoline demand starts to collapse and industrial activity becomes uneconomic.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Supply crunch ahead?<\/strong> Saudi light crude is being offloaded to Asian purchasers via Yanbu port for around USD 125 a barrel. We\u2019re expecting to see physical shortage weigh heavier next week, as extra oil in storage \u2013\u2013 a portion of which was shipped out of the Gulf prior to the war \u2013\u2013 is used up.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/disruption-watch\/\">DISRUPTION WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/shipping-maritime\/\">SHIPPING + MARITIME<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/the-big-story-today\/\">THE BIG STORY TODAY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"106306 advertiser\" class=\"issue-section enterprise-adv\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"106306\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/ksa\/2026\/03\/24\/106306\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-106306\" class=\"content-area-description single-story post-106306 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/web.facebook.com\/HassanAllamProperties\" target=\"_blank\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2026\/2\/325.jpeg?ssl=1\"><\/a><\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"106307\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"106307\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">3<\/div>\r\n\r\n                    <p class=\"f-graphik\">M&amp;A WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/ksa\/2026\/03\/24\/savvy-to-snap-up-bytedances-moonton-for-usd-6-bn\/\">\r\n                            Savvy to snap up ByteDance\u2019s Moonton for USD 6 bn?                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/ksa\/2026\/03\/24\/savvy-to-snap-up-bytedances-moonton-for-usd-6-bn\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/ksa\/2026\/03\/24\/savvy-to-snap-up-bytedances-moonton-for-usd-6-bn\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/ksa\/2026\/03\/24\/savvy-to-snap-up-bytedances-moonton-for-usd-6-bn\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Savvy to snap up ByteDance\u2019s Moonton for USD 6 bn?&url=https:\/\/enterpriseam.com\/ksa\/2026\/03\/24\/savvy-to-snap-up-bytedances-moonton-for-usd-6-bn\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/ksa\/2026\/03\/24\/savvy-to-snap-up-bytedances-moonton-for-usd-6-bn\/&title=Savvy to snap up ByteDance\u2019s Moonton for USD 6 bn?\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Savvy+to+snap+up+ByteDance%E2%80%99s+Moonton+for+USD+6+bn%3F+https%3A%2F%2Fenterpriseam.com%2Fksa%2F2026%2F03%2F24%2Fsavvy-to-snap-up-bytedances-moonton-for-usd-6-bn%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/ksa\/2026\/03\/24\/savvy-to-snap-up-bytedances-moonton-for-usd-6-bn\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/2078.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"106308\" data-permalink=\"https:\/\/enterpriseam.com\/ksa\/2026\/03\/24\/savvy-to-snap-up-bytedances-moonton-for-usd-6-bn\/2078-jpg-6\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/2078.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2078.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/2078.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/2078.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-106307\" class=\"content-area-description single-story post-106307 post type-post status-publish format-standard has-post-thumbnail hentry category-ma-watch tag-bytedance tag-enterpriseam-ksa tag-ma-watch tag-moonton tag-savvy-games-group wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Savvy snags Moonton? <\/strong>PIF\u2019s <a href=\"https:\/\/www.savvygames.com\/\" target=\"_blank\" rel=\"noopener\">Savvy Games Group<\/a> is buying mobile studio <a href=\"https:\/\/en.moonton.com\/\" target=\"_blank\" rel=\"noopener\">Moonton<\/a> from China\u2019s <a href=\"https:\/\/www.bytedance.com\/en\/\" target=\"_blank\" rel=\"noopener\">ByteDance<\/a> for USD 6 bn, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-03-20\/bytedance-agrees-to-sell-moonton-to-savvy-games-for-6-billion\" target=\"_blank\" rel=\"noopener\">Bloomberg<\/a> reports, citing people it says are in the know.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>More titles in the bag: <\/strong>The agreement \u2014 which sees the TikTok parent exiting traditional gaming at a 50% premium on its 2021 purchase price \u2014 would bring Mobile Legends: Bang Bang and its 1.5 bn installs under the PIF\u2019s umbrella.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>What\u2019s next? <\/strong>The current management will remain in place as the agreement closes \u201cin the near future,\u201d according to Moonton CEO Zhang Yunfan in an internal memo the business information service says it has seen.<\/p>\n<p class=\"tag-border-left\">Why it matters<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>The acquisition aims to develop Savvy\u2019s mobile games division and enhance its esports <\/strong><strong>reach<\/strong>, Savvy CEO Brian Ward said in a statement. Savvy will expand its international footprint by entering Southeast Asia, where Moonton is most popular.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Gotta catch \u2018em all:<\/strong> Moonton will join a Savvy portfolio that already includes Scopely, the Monopoly Go maker acquired for USD 4.9 bn in 2023, Niantic\u2019s gaming division \u2014 maker of Pok\u00e9mon Go \u2014 which Scopely acquired for USD 3.5 bn last year, and ESL Faceit, the esports tournament giant bought for USD 1.5 bn three years ago.<\/p>\n<hr style=\"height: 2px;border-width: 0;color: gray;background-color: gray\" \/>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>And in other gaming M&amp;A news<\/strong><strong>: <\/strong>Saudi\u2019s Electronic Gaming Development Company has acquired a 5.03% stake in Japanese video game developer Capcom, <a href=\"https:\/\/waya.media\/saudis-egdc-acquires-5-03-stake-in-capcom-in-gaming-push\/\" target=\"_blank\" rel=\"noopener\">Waya<\/a> reports. PIF had acquired a 5% stake in the firm in 2022.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/bytedance\/\">ByteDance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/ma-watch\/\">M&amp;A WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/moonton\/\">Moonton<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/savvy-games-group\/\">Savvy Games Group<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"106309 advertiser\" class=\"issue-section enterprise-adv\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"106309\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/ksa\/2026\/03\/24\/106309\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-106309\" class=\"content-area-description single-story post-106309 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/www.tasheelfinance.com\/\" target=\"_blank\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1942.jpg?ssl=1\"><\/a><\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"106310\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"106310\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">REAL ESTATE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/ksa\/2026\/03\/24\/arabian-dyar-al-rajhi-capital-launch-sar-4-5-bn-real-estate-fund\/\">\r\n                            New SAR 4.5 bn real estate fund targets the holy cities                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/ksa\/2026\/03\/24\/arabian-dyar-al-rajhi-capital-launch-sar-4-5-bn-real-estate-fund\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/ksa\/2026\/03\/24\/arabian-dyar-al-rajhi-capital-launch-sar-4-5-bn-real-estate-fund\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/ksa\/2026\/03\/24\/arabian-dyar-al-rajhi-capital-launch-sar-4-5-bn-real-estate-fund\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Arabian Dyar, Al Rajhi Capital launch SAR 4.5 bn real estate fund&url=https:\/\/enterpriseam.com\/ksa\/2026\/03\/24\/arabian-dyar-al-rajhi-capital-launch-sar-4-5-bn-real-estate-fund\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/ksa\/2026\/03\/24\/arabian-dyar-al-rajhi-capital-launch-sar-4-5-bn-real-estate-fund\/&title=Arabian Dyar, Al Rajhi Capital launch SAR 4.5 bn real estate fund\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Arabian+Dyar%2C+Al+Rajhi+Capital+launch+SAR+4.5+bn+real+estate+fund+https%3A%2F%2Fenterpriseam.com%2Fksa%2F2026%2F03%2F24%2Farabian-dyar-al-rajhi-capital-launch-sar-4-5-bn-real-estate-fund%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/ksa\/2026\/03\/24\/arabian-dyar-al-rajhi-capital-launch-sar-4-5-bn-real-estate-fund\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2026\/3\/1080.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"106311\" data-permalink=\"https:\/\/enterpriseam.com\/ksa\/2026\/03\/24\/arabian-dyar-al-rajhi-capital-launch-sar-4-5-bn-real-estate-fund\/1080-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/3\/1080.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1080.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/3\/1080.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/3\/1080.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-106310\" class=\"content-area-description single-story post-106310 post type-post status-publish format-standard has-post-thumbnail hentry category-real-estate tag-al-rajhi-capital tag-arabian-dyar tag-enterpriseam-ksa tag-real-estate wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Dyar, Al Rajhi wager on the holy sites: <\/strong>Arabian Dyar and Al Rajhi Capital are launching an SAR 4.5 bn real estate fund to develop \u201chigh-quality\u201d residential and hospitality projects in Makkah and Madinah, Arabian Dyar said in a <a href=\"https:\/\/arabiandyar.sa\/arabian-dyar-fund-for-haramian-projects\/\" target=\"_blank\" rel=\"noopener\">statement<\/a>.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Who\u2019s doing what? <\/strong>The Haramain Projects Fund will see Al Rajhi Capital finance projects, while Arabian Dyar will be responsible for the development and selling processes, Arabian Dyar CEO Naif Alatawi told <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-03-18\/saudi-bank-developer-start-1-2-billion-fund-for-holy-cities\" target=\"_blank\" rel=\"noopener\">Bloomberg<\/a>.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>The pitch: <\/strong>The fund is designed to significantly increase the real estate supply in the area surrounding the Two Holy Mosques, targeting the creation of thousands of new units. \u201cThe current property supply in Mecca is very limited as most projects are just starting. Prices could hit SAR 50k per sqm when the market opens,\u201d Alatawi added.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>The supply is meant to meet the expected new demand from non-Saudi Muslims<\/strong>, who can now own property in Makkah and Madinah under the Real Estate Foreign Ownership Law, which went into effect last January.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Just a start: <\/strong>Alatawi says the fund could eventually deploy up to SAR 20 bn to meet the projected surge in foreign demand. The company is already working on SAR 10 bn worth of projects in Makkah\u2019s Masar district, including 13 towers and 4k apartments, Alatawi said.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Dyar is not worried about the regional turbulence:<\/strong> \u201cThe demand is strong for the holy cities even in the current circumstances. These cities are seen as stable investment destinations that have stood there for centuries,\u201d Alatawi argued.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/al-rajhi-capital\/\">Al Rajhi Capital<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/arabian-dyar\/\">Arabian Dyar<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/real-estate\/\">Real Estate<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"106312\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"106312\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">EARNINGS WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/ksa\/2026\/03\/24\/almunajem-foods-umm-al-qura-for-development-lazurde-report-2025-results\/\">\r\n                            More 2025 earnings roll in                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/ksa\/2026\/03\/24\/almunajem-foods-umm-al-qura-for-development-lazurde-report-2025-results\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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Meanwhile, revenue inched down 0.2% y-o-y to SAR 3.3 bn during the year due to decreased selling prices of the red and white meat segments.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>On a quarterly basis<\/strong>, the company\u2019s bottom line decreased 5.1% y-o-y to SAR 57.2 mn during 4Q 2025, while its top line inched up 1% y-o-y to SAR 826.3 mn over the same period.<\/p>\n<p class=\"tag-border-left\">Umm Al Qura for Development<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong><a href=\"https:\/\/www.ummalqura.com.sa\/en\" target=\"_blank\" rel=\"noopener\">Umm Al Qura for Development and Construction<\/a><\/strong><strong>\u2019s net income soared <\/strong><strong>97.2% y-o-y to SAR 983.4 mn in 2025<\/strong>, it said in a <a href=\"https:\/\/ent.news\/2026\/3\/1037.pdf\" target=\"_blank\" rel=\"noopener\">Tadawul disclosure (pdf)<\/a>. Revenue rose 59.2% y-o-y to SAR 2.9 bn, thanks to revenue from the sale of a large number of land plots, as the year 2025 is being described as the company\u2019s \u201cbest year yet,\u201d according to CEO Yasser Abuateek.<\/p>\n<p class=\"tag-border-left\">L\u2019azurde<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Jewelry maker L\u2019azurde\u2019s net loss narrowed to SAR 33.7 mn in 2025<\/strong>, compared to SAR 63.2 mn in the previous year, it said in a <a href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/?anId=93743&amp;anCat=1&amp;cs=4011&amp;locale=en\" target=\"_blank\" rel=\"noopener\">disclosure to Tadawul<\/a>. However, revenue rose 37.8% y-o-y to SAR 2.9 bn over the same year, fueled by increased global gold prices and improved performance.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Dividends:<\/strong> The company\u2019s board will not distribute dividends for 2025 due to losses incurred in the financial year, according to a separate <a href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/?anId=93753&amp;anCat=1&amp;cs=4011&amp;locale=en\" target=\"_blank\" rel=\"noopener\">bourse filing<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/almunajem-foods\/\">Almunajem Foods<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/earnings-watch\/\">EARNINGS WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/lazurde-2\/\">L\u2019azurde<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/umm-al-qura\/\">Umm Al Qura<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"106314\" class=\"issue-section markets\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"106314\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">PLANET FINANCE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/ksa\/2026\/03\/24\/the-regional-war-hits-the-international-bond-market\/\">\r\n                            Bond market loses USD bns as war drags on                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/ksa\/2026\/03\/24\/the-regional-war-hits-the-international-bond-market\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/ksa\/2026\/03\/24\/the-regional-war-hits-the-international-bond-market\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/ksa\/2026\/03\/24\/the-regional-war-hits-the-international-bond-market\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=The regional war hits the international bond market&url=https:\/\/enterpriseam.com\/ksa\/2026\/03\/24\/the-regional-war-hits-the-international-bond-market\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/ksa\/2026\/03\/24\/the-regional-war-hits-the-international-bond-market\/&title=The regional war hits the international bond market\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=The+regional+war+hits+the+international+bond+market+https%3A%2F%2Fenterpriseam.com%2Fksa%2F2026%2F03%2F24%2Fthe-regional-war-hits-the-international-bond-market%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/ksa\/2026\/03\/24\/the-regional-war-hits-the-international-bond-market\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2026\/3\/1043.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"106315\" data-permalink=\"https:\/\/enterpriseam.com\/ksa\/2026\/03\/24\/the-regional-war-hits-the-international-bond-market\/1043-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/3\/1043.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1043.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/3\/1043.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/3\/1043.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-106314\" class=\"content-area-description single-story post-106314 post type-post status-publish format-standard has-post-thumbnail hentry category-planet-finance tag-bonds tag-debt tag-enterpriseam-ksa tag-financial-markets tag-planet-finance wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>The damage to the international bond market from the regional w<\/strong><strong>ar is starting to show<\/strong>, with USD 2.5 tn wiped off global bond values this month alone, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-03-23\/bonds-lose-2-5-trillion-in-iran-war-wipeout-that-mirrors-2022\" target=\"_blank\" rel=\"noopener\">Bloomberg<\/a> reports. Government, corporate, and securitized debt have fallen from USD 77 tn at the end of last month to USD 74.4 tn currently. The usual safe haven has been experiencing <a href=\"https:\/\/enterpriseam.com\/uae\/2026\/03\/04\/energy-spike-rekindles-inflation-fears-prompting-bond-rout\/\" target=\"_blank\" rel=\"noopener\">a rout for some time now<\/a> as the conflict continues to escalate.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Government debt is leading declines<\/strong>, with a Bloomberg index of sovereign securities falling 3.3% during the month, surpassing the decline in corporate bonds by 3.1%, the data show.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>The culprit? <\/strong>An uptick in inflation is expected to erode the value of returns on bonds, making them suddenly not so attractive to investors. The <a href=\"https:\/\/enterpriseam.com\/uae\/2026\/03\/23\/fed-holds-steady-as-uncertainty-due-to-the-war-drives-caution\/\" target=\"_blank\" rel=\"noopener\">US Federal Reserve\u2019s recent decision<\/a> to hold interest rates steady, and subsequent forecasts of a hike later in the year, is likely to add fuel to the inflation-concern fire and see the bond sell-off continue for the time being.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>IN CONTEXT-<\/strong> Predictions for inflation growth have skyrocketed on the back of the ongoing war between the US\/Israel and Iran. Look no further than the jumps seen in oil prices as more and more energy infrastructure is taken out and the movement, or lack thereof, of shipments through the Strait of Hormuz remains sticky.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Similar situations around the world are hammering home the fact that the implications of this war are anything but regional<\/strong>, with the US, Japan, the UK, India, Australia, New Zealand, and South Korea all seeing an uptick in government bond yields as anticipation of higher inflation hits the market. In New Zealand, yields are at their highest in nearly a year, while over in Australia, certain bonds are seeing the highest yields since 2011.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>The impact is most stark in markets that are the most reliant on energy imports<\/strong>, with the UK seeing a sell-off of government bonds wiping off GBP 108 bn in market value, the <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-03-23\/gilts-face-worst-month-since-truss-as-oil-spike-jolts-uk-market\" target=\"_blank\" rel=\"noopener\">business information service<\/a> reported elsewhere. That marks the worst month for bonds since the rout that preceded the ouster of Prime Minister Liz Truss in 2022.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>The phenomenon seems to be yet another manifestation of stagflation.<\/strong> We recently reported on this unfortunate cocktail of stagnating economic growth and inflation <a href=\"https:\/\/enterpriseam.com\/uae\/2026\/03\/16\/stagflation-rewrites-the-hedge-book-as-oil-breaks-old-safe-havens-2\/\" target=\"_blank\" rel=\"noopener\">rewriting the hedging rulebook<\/a> \u2014 and it seems markets are already pricing in that sentiment, analysts say.<\/p>\n<p class=\"tag-border-left\">MARKETS THIS MORNING-<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\">Asian-Pacific markets are up in early trading this morning, rebounding from losses seen a day earlier after statements from US President Donald Trump ignited hope that we\u2019re nearing the end of the regional war. Over on Wall Street, futures are in the red after a trading day that saw all major indices jump over 1%.<\/p>\n<div class=\"stock-ticker-panel\">\n<table class=\"table stock-ticker-table markets-table\">\n<tbody>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\"><\/td>\n<td style=\"border-right-style: solid;padding: 5pt 5pt 5pt 5pt;border-right-width: 1pt;border-top-style: solid;border-left-style: solid;border-bottom-width: 1pt;width: 139.2pt\" colspan=\"1\" rowspan=\"1\">\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>TASI<\/strong><\/p>\n<\/td>\n<td style=\"border-right-style: solid;padding: 5pt 5pt 5pt 5pt;border-right-width: 1pt;border-top-style: solid;border-left-style: solid;border-bottom-width: 1pt;width: 139.2pt\" colspan=\"1\" rowspan=\"1\">\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\">10,946<\/p>\n<\/td>\n<td style=\"border-right-style: solid;padding: 5pt 5pt 5pt 5pt;border-right-width: 1pt;border-top-style: solid;border-left-style: solid;border-bottom-width: 1pt;width: 139.2pt\" colspan=\"1\" rowspan=\"1\">\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\">+0.6% (YTD: +4.3%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\"><\/td>\n<td style=\"border-right-style: solid;padding: 5pt 5pt 5pt 5pt;border-right-width: 1pt;border-top-style: solid;border-left-style: solid;border-bottom-width: 1pt;width: 139.2pt\" colspan=\"1\" rowspan=\"1\">\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>MSCI Tadawul 30<\/strong><\/p>\n<\/td>\n<td style=\"border-right-style: solid;padding: 5pt 5pt 5pt 5pt;border-right-width: 1pt;border-top-style: solid;border-left-style: solid;border-bottom-width: 1pt;width: 139.2pt\" colspan=\"1\" rowspan=\"1\">\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\">1,480<\/p>\n<\/td>\n<td style=\"border-right-style: solid;padding: 5pt 5pt 5pt 5pt;border-right-width: 1pt;border-top-style: solid;border-left-style: solid;border-bottom-width: 1pt;width: 139.2pt\" colspan=\"1\" rowspan=\"1\">\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\">+0.3% (YTD: +6.7%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\"><\/td>\n<td style=\"border-right-style: solid;padding: 5pt 5pt 5pt 5pt;border-right-width: 1pt;border-top-style: solid;border-left-style: solid;border-bottom-width: 1pt;width: 139.2pt\" colspan=\"1\" rowspan=\"1\">\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>NomuC<\/strong><\/p>\n<\/td>\n<td style=\"border-right-style: solid;padding: 5pt 5pt 5pt 5pt;border-right-width: 1pt;border-top-style: solid;border-left-style: solid;border-bottom-width: 1pt;width: 139.2pt\" colspan=\"1\" rowspan=\"1\">\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\">22,735<\/p>\n<\/td>\n<td style=\"border-right-style: solid;padding: 5pt 5pt 5pt 5pt;border-right-width: 1pt;border-top-style: solid;border-left-style: solid;border-bottom-width: 1pt;width: 139.2pt\" colspan=\"1\" rowspan=\"1\">\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\">+1.3% (YTD: -2.4%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-none\">\n<td class=\"td-list-none\"><\/td>\n<td style=\"border-right-style: solid;padding: 5pt 5pt 5pt 5pt;border-right-width: 1pt;border-top-style: solid;border-left-style: solid;border-bottom-width: 1pt;width: 139.2pt\" colspan=\"1\" rowspan=\"1\">\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>USD : SAR (SAMA)<\/strong><\/p>\n<\/td>\n<td style=\"border-right-style: solid;padding: 5pt 5pt 5pt 5pt;border-right-width: 1pt;border-top-style: solid;border-left-style: solid;border-bottom-width: 1pt;width: 139.2pt\" colspan=\"1\" rowspan=\"1\">\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\">USD 3.75 Sell<\/p>\n<\/td>\n<td style=\"border-right-style: solid;padding: 5pt 5pt 5pt 5pt;border-right-width: 1pt;border-top-style: solid;border-left-style: solid;border-bottom-width: 1pt;width: 139.2pt\" colspan=\"1\" rowspan=\"1\">\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\">USD 3.75 Buy<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-none\">\n<td class=\"td-list-none\"><\/td>\n<td style=\"border-right-style: solid;padding: 5pt 5pt 5pt 5pt;border-right-width: 1pt;border-top-style: solid;border-left-style: solid;border-bottom-width: 1pt;width: 139.2pt\" colspan=\"1\" rowspan=\"1\">\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Interest rates<\/strong><\/p>\n<\/td>\n<td style=\"border-right-style: solid;padding: 5pt 5pt 5pt 5pt;border-right-width: 1pt;border-top-style: solid;border-left-style: solid;border-bottom-width: 1pt;width: 139.2pt\" colspan=\"1\" rowspan=\"1\">\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\">4.25% repo<\/p>\n<\/td>\n<td style=\"border-right-style: solid;padding: 5pt 5pt 5pt 5pt;border-right-width: 1pt;border-top-style: solid;border-left-style: solid;border-bottom-width: 1pt;width: 139.2pt\" colspan=\"1\" rowspan=\"1\">\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\">3.75% reverse repo<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\"><\/td>\n<td style=\"border-right-style: solid;padding: 5pt 5pt 5pt 5pt;border-right-width: 1pt;border-top-style: solid;border-left-style: solid;border-bottom-width: 1pt;width: 139.2pt\" colspan=\"1\" rowspan=\"1\">\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>EGX30<\/strong><\/p>\n<\/td>\n<td style=\"border-right-style: solid;padding: 5pt 5pt 5pt 5pt;border-right-width: 1pt;border-top-style: solid;border-left-style: solid;border-bottom-width: 1pt;width: 139.2pt\" colspan=\"1\" rowspan=\"1\">\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\">47,612<\/p>\n<\/td>\n<td style=\"border-right-style: solid;padding: 5pt 5pt 5pt 5pt;border-right-width: 1pt;border-top-style: solid;border-left-style: solid;border-bottom-width: 1pt;width: 139.2pt\" colspan=\"1\" rowspan=\"1\">\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\">+3.4% (YTD: +13.8%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\"><\/td>\n<td style=\"border-right-style: solid;padding: 5pt 5pt 5pt 5pt;border-right-width: 1pt;border-top-style: solid;border-left-style: solid;border-bottom-width: 1pt;width: 139.2pt\" colspan=\"1\" rowspan=\"1\">\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>ADX<\/strong><\/p>\n<\/td>\n<td style=\"border-right-style: solid;padding: 5pt 5pt 5pt 5pt;border-right-width: 1pt;border-top-style: solid;border-left-style: solid;border-bottom-width: 1pt;width: 139.2pt\" colspan=\"1\" rowspan=\"1\">\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\">9,423<\/p>\n<\/td>\n<td style=\"border-right-style: solid;padding: 5pt 5pt 5pt 5pt;border-right-width: 1pt;border-top-style: solid;border-left-style: solid;border-bottom-width: 1pt;width: 139.2pt\" colspan=\"1\" rowspan=\"1\">\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\">-1.6% (YTD: -5.7%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\"><\/td>\n<td style=\"border-right-style: solid;padding: 5pt 5pt 5pt 5pt;border-right-width: 1pt;border-top-style: solid;border-left-style: solid;border-bottom-width: 1pt;width: 139.2pt\" colspan=\"1\" rowspan=\"1\">\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>DFM<\/strong><\/p>\n<\/td>\n<td style=\"border-right-style: solid;padding: 5pt 5pt 5pt 5pt;border-right-width: 1pt;border-top-style: solid;border-left-style: solid;border-bottom-width: 1pt;width: 139.2pt\" colspan=\"1\" rowspan=\"1\">\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\">5,383<\/p>\n<\/td>\n<td style=\"border-right-style: solid;padding: 5pt 5pt 5pt 5pt;border-right-width: 1pt;border-top-style: solid;border-left-style: solid;border-bottom-width: 1pt;width: 139.2pt\" colspan=\"1\" rowspan=\"1\">\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\">-3.0% (YTD: -11.0%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\"><\/td>\n<td style=\"border-right-style: solid;padding: 5pt 5pt 5pt 5pt;border-right-width: 1pt;border-top-style: solid;border-left-style: solid;border-bottom-width: 1pt;width: 139.2pt\" colspan=\"1\" rowspan=\"1\">\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>S&amp;P 500 <\/strong><\/p>\n<\/td>\n<td style=\"border-right-style: solid;padding: 5pt 5pt 5pt 5pt;border-right-width: 1pt;border-top-style: solid;border-left-style: solid;border-bottom-width: 1pt;width: 139.2pt\" colspan=\"1\" rowspan=\"1\">\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\">6,581<\/p>\n<\/td>\n<td style=\"border-right-style: solid;padding: 5pt 5pt 5pt 5pt;border-right-width: 1pt;border-top-style: solid;border-left-style: solid;border-bottom-width: 1pt;width: 139.2pt\" colspan=\"1\" rowspan=\"1\">\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\">+1.2% (YTD: -3.9%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\"><\/td>\n<td style=\"border-right-style: solid;padding: 5pt 5pt 5pt 5pt;border-right-width: 1pt;border-top-style: solid;border-left-style: solid;border-bottom-width: 1pt;width: 139.2pt\" colspan=\"1\" rowspan=\"1\">\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>FTSE 100<\/strong><\/p>\n<\/td>\n<td style=\"border-right-style: solid;padding: 5pt 5pt 5pt 5pt;border-right-width: 1pt;border-top-style: solid;border-left-style: solid;border-bottom-width: 1pt;width: 139.2pt\" colspan=\"1\" rowspan=\"1\">\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\">9,894<\/p>\n<\/td>\n<td style=\"border-right-style: solid;padding: 5pt 5pt 5pt 5pt;border-right-width: 1pt;border-top-style: solid;border-left-style: solid;border-bottom-width: 1pt;width: 139.2pt\" colspan=\"1\" rowspan=\"1\">\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\">-0.2% (YTD: -0.4%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\"><\/td>\n<td style=\"border-right-style: solid;padding: 5pt 5pt 5pt 5pt;border-right-width: 1pt;border-top-style: solid;border-left-style: solid;border-bottom-width: 1pt;width: 139.2pt\" colspan=\"1\" rowspan=\"1\">\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Euro Stoxx 50<\/strong><\/p>\n<\/td>\n<td style=\"border-right-style: solid;padding: 5pt 5pt 5pt 5pt;border-right-width: 1pt;border-top-style: solid;border-left-style: solid;border-bottom-width: 1pt;width: 139.2pt\" colspan=\"1\" rowspan=\"1\">\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\">5,574<\/p>\n<\/td>\n<td style=\"border-right-style: solid;padding: 5pt 5pt 5pt 5pt;border-right-width: 1pt;border-top-style: solid;border-left-style: solid;border-bottom-width: 1pt;width: 139.2pt\" colspan=\"1\" rowspan=\"1\">\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\">+1.3% (YTD: -3.8%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\"><\/td>\n<td style=\"border-right-style: solid;padding: 5pt 5pt 5pt 5pt;border-right-width: 1pt;border-top-style: solid;border-left-style: solid;border-bottom-width: 1pt;width: 139.2pt\" colspan=\"1\" rowspan=\"1\">\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Brent crude<\/strong><\/p>\n<\/td>\n<td style=\"border-right-style: solid;padding: 5pt 5pt 5pt 5pt;border-right-width: 1pt;border-top-style: solid;border-left-style: solid;border-bottom-width: 1pt;width: 139.2pt\" colspan=\"1\" rowspan=\"1\">\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\">USD 99.94<\/p>\n<\/td>\n<td style=\"border-right-style: solid;padding: 5pt 5pt 5pt 5pt;border-right-width: 1pt;border-top-style: solid;border-left-style: solid;border-bottom-width: 1pt;width: 139.2pt\" colspan=\"1\" rowspan=\"1\">\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\">-10.9%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\"><\/td>\n<td style=\"border-right-style: solid;padding: 5pt 5pt 5pt 5pt;border-right-width: 1pt;border-top-style: solid;border-left-style: solid;border-bottom-width: 1pt;width: 139.2pt\" colspan=\"1\" rowspan=\"1\">\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Natural gas (Nymex)<\/strong><\/p>\n<\/td>\n<td style=\"border-right-style: solid;padding: 5pt 5pt 5pt 5pt;border-right-width: 1pt;border-top-style: solid;border-left-style: solid;border-bottom-width: 1pt;width: 139.2pt\" colspan=\"1\" rowspan=\"1\">\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\">USD 2.91<\/p>\n<\/td>\n<td style=\"border-right-style: solid;padding: 5pt 5pt 5pt 5pt;border-right-width: 1pt;border-top-style: solid;border-left-style: solid;border-bottom-width: 1pt;width: 139.2pt\" colspan=\"1\" rowspan=\"1\">\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\">+0.5%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\"><\/td>\n<td style=\"border-right-style: solid;padding: 5pt 5pt 5pt 5pt;border-right-width: 1pt;border-top-style: solid;border-left-style: solid;border-bottom-width: 1pt;width: 139.2pt\" colspan=\"1\" rowspan=\"1\">\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Gold <\/strong><\/p>\n<\/td>\n<td style=\"border-right-style: solid;padding: 5pt 5pt 5pt 5pt;border-right-width: 1pt;border-top-style: solid;border-left-style: solid;border-bottom-width: 1pt;width: 139.2pt\" colspan=\"1\" rowspan=\"1\">\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\">USD 4,453<\/p>\n<\/td>\n<td style=\"border-right-style: solid;padding: 5pt 5pt 5pt 5pt;border-right-width: 1pt;border-top-style: solid;border-left-style: solid;border-bottom-width: 1pt;width: 139.2pt\" colspan=\"1\" rowspan=\"1\">\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\">+0.3%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\"><\/td>\n<td style=\"border-right-style: solid;padding: 5pt 5pt 5pt 5pt;border-right-width: 1pt;border-top-style: solid;border-left-style: solid;border-bottom-width: 1pt;width: 139.2pt\" colspan=\"1\" rowspan=\"1\">\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>BTC <\/strong><\/p>\n<\/td>\n<td style=\"border-right-style: solid;padding: 5pt 5pt 5pt 5pt;border-right-width: 1pt;border-top-style: solid;border-left-style: solid;border-bottom-width: 1pt;width: 139.2pt\" colspan=\"1\" rowspan=\"1\">\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\">USD 70,588<\/p>\n<\/td>\n<td style=\"border-right-style: solid;padding: 5pt 5pt 5pt 5pt;border-right-width: 1pt;border-top-style: solid;border-left-style: solid;border-bottom-width: 1pt;width: 139.2pt\" colspan=\"1\" rowspan=\"1\">\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\">+4.0% (YTD: -19.4%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\"><\/td>\n<td style=\"border-right-style: solid;padding: 5pt 5pt 5pt 5pt;border-right-width: 1pt;border-top-style: solid;border-left-style: solid;border-bottom-width: 1pt;width: 139.2pt\" colspan=\"1\" rowspan=\"1\">\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Sukuk\/bond market index<\/strong><\/p>\n<\/td>\n<td style=\"border-right-style: solid;padding: 5pt 5pt 5pt 5pt;border-right-width: 1pt;border-top-style: solid;border-left-style: solid;border-bottom-width: 1pt;width: 139.2pt\" colspan=\"1\" rowspan=\"1\">\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\">916.67<\/p>\n<\/td>\n<td style=\"border-right-style: solid;padding: 5pt 5pt 5pt 5pt;border-right-width: 1pt;border-top-style: solid;border-left-style: solid;border-bottom-width: 1pt;width: 139.2pt\" colspan=\"1\" rowspan=\"1\">\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\">+0.1% (YTD: -0.3%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\"><\/td>\n<td style=\"border-right-style: solid;padding: 5pt 5pt 5pt 5pt;border-right-width: 1pt;border-top-style: solid;border-left-style: solid;border-bottom-width: 1pt;width: 139.2pt\" colspan=\"1\" rowspan=\"1\">\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>S&amp;P MENA Bond &amp; Sukuk<\/strong><\/p>\n<\/td>\n<td style=\"border-right-style: solid;padding: 5pt 5pt 5pt 5pt;border-right-width: 1pt;border-top-style: solid;border-left-style: solid;border-bottom-width: 1pt;width: 139.2pt\" colspan=\"1\" rowspan=\"1\">\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\">149.15<\/p>\n<\/td>\n<td style=\"border-right-style: solid;padding: 5pt 5pt 5pt 5pt;border-right-width: 1pt;border-top-style: solid;border-left-style: solid;border-bottom-width: 1pt;width: 139.2pt\" colspan=\"1\" rowspan=\"1\">\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\">-0.6% (YTD: -1.8%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\"><\/td>\n<td style=\"border-right-style: solid;padding: 5pt 5pt 5pt 5pt;border-right-width: 1pt;border-top-style: solid;border-left-style: solid;border-bottom-width: 1pt;width: 139.2pt\" colspan=\"1\" rowspan=\"1\">\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>VIX (Volatility Index)<\/strong><\/p>\n<\/td>\n<td style=\"border-right-style: solid;padding: 5pt 5pt 5pt 5pt;border-right-width: 1pt;border-top-style: solid;border-left-style: solid;border-bottom-width: 1pt;width: 139.2pt\" colspan=\"1\" rowspan=\"1\">\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\">26.15<\/p>\n<\/td>\n<td style=\"border-right-style: solid;padding: 5pt 5pt 5pt 5pt;border-right-width: 1pt;border-top-style: solid;border-left-style: solid;border-bottom-width: 1pt;width: 139.2pt\" colspan=\"1\" rowspan=\"1\">\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\">-2.4% (YTD: +74.9%)<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p class=\"tag-border-left\">THE CLOSING BELL: TADAWUL-<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>The TASI rose 0.6% on 16 March <\/strong>on turnover of SAR 6.3 bn. The index is up 4.3% YTD.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>In the green:<\/strong> Almajdiah (+8.6%), Emaar EC (+8.3%), and Gasco (+6.6%).<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>In the red: <\/strong>Al Etihad (-9.9%), Build Station (-4.5%), and Yansab (-3.8%).<\/p>\n<p class=\"tag-border-left\">THE CLOSING BELL: NOMU-<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>The NomuC<\/strong><strong> rose 1.3%<\/strong> <strong>on 16 March<\/strong> on turnover of SAR 23.9 mn. The index is down 2.4% YTD.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>In the green:<\/strong> AME (+8.3%), Group Five (+8.1%), and Taqat (+8.0%).<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>In the red:<\/strong> Paper Home (-5.0%), Knowledgenet (-3.7%), and Riyadh Steel (-3.7%).<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/bonds\/\">Bonds<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/debt\/\">debt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/financial-markets\/\">Financial markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/planet-finance\/\">PLANET FINANCE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"106316\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"calendar\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/ksa\/2026\/03\/24\/106316\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-106316\" class=\"content-area-description single-story post-106316 post type-post status-publish format-standard hentry category-calendar wpautop entry\">\n\n\t\t\t<hr class=\"wp-block-separator has-text-color has-primary-color has-alpha-channel-opacity has-primary-background-color has-background is-style-wide\">\n\n\t\t<h2 class=\"wp-block-heading mt-0 has-primary-color has-text-color has-link-color has-normal-font-size\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\">\n\t\t\t<strong> CALENDAR<\/strong>\n\t\t<\/h2>\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">MARCH<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>25-27 March (Wednesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/fii-institute.org\/conference\/fii-priority-miami-2026#:~:text=When%20and%20where%20will%20the,the%20Faena%20Hotel%2C%20Miami%20Beach.\" style=\"\">Future Investment Initiative Institute<\/a><\/span><span style=\"font-weight:400;\">, Faena Hotel, Miami Beach. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>31 March (Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/zatca.gov.sa\/ar\/MediaCenter\/News\/Pages\/news_1396.aspx\" style=\"\">Zatca<\/a><\/span><span>\u2019s 23rd E-invoicing integration wave deadline.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">APRIL<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">6 April (Monday): Procurement and Supply Chain Futures Forum, Al Faisaliah Hotel, Riyadh.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>6-7 April (Monday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.rscforum.com\/\" style=\"\">Real Estate Supply Chain Forum<\/a><\/span><span style=\"font-weight:400;\">, Mandarin Oriental Al Faisaliah Hotel, Riyadh.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>12-15 April (Sunday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/saudi-pp.com\/\" style=\"\">Saudi Print & Pack<\/a><\/span><span style=\"font-weight:400;\">, Riyadh International Convention & Exhibition Center.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>12-15 April (Sunday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/riyadhiiw.com\/\" style=\"\">Riyadh International Industry Week<\/a><\/span><span style=\"font-weight:400;\">, Riyadh International Convention & Exhibition Center.<br \/><\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>12-15 April (Sunday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/saudipp.com\/\" style=\"\">Saudi Plastics & Petrochem<\/a><\/span><span style=\"font-weight:400;\">, Riyadh International Convention & Exhibition Center.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>12-15 April (Sunday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/saudi-smartlogistics.com\/\" style=\"\">Saudi Smart Logistics<\/a><\/span><span style=\"font-weight:400;\">, Riyadh International Convention & Exhibition Center.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>20-22 April (Monday-Wednesday): The <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.futurehospitality.com\/sa\" style=\"\">Future Hospitality Summit<\/a><\/span><span style=\"font-weight:400;\">, Mandarin Oriental Al Faisaliah Hotel, Riyadh.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>20-22 April (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.saudisignageexpo.com\/saudi-paper-packaging-expo-2026\/\" style=\"\">Saudi Paper and Packaging Expo<\/a><\/span><span style=\"font-weight:400;\">, Riyadh International Convention & Exhibition Center.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>20-22 April (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/saudisf.com\/en\/\" style=\"\">Sports Investment Forum<\/a><\/span><span style=\"font-weight:400;\"> (SIF), Riyadh<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>22-23 April (Wednesday-Thursday): The World Economic Forum\u2019s <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.weforum.org\/press\/2026\/01\/annual-meeting-2026-a-spirit-of-dialogue-ceb3ae9c08\/#:~:text=The%20Global%20Collaboration%20and%20Growth%20Meeting%20will%20be%20held%20in%20Jeddah%2C%20Saudi%20Arabia%20on%2022%2D23%20April%202026.\" style=\"\">Global Collaboration and Growth Meeting<\/a><\/span><span style=\"font-weight:400;\">, Jeddah.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>27-29 April (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.aluminium-exhibition.com\/arabia\/en-gb.html\" style=\"\">Aluminum Arabia<\/a><\/span><span style=\"font-weight:400;\">, The Arena, Riyadh.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>28 April (Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.legal500.com\/events\/gc-summit-saudi-arabia-2026\/\" style=\"\">GC Summit Saudi Arabia<\/a><\/span><span style=\"font-weight:400;\">, Riyadh.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">MAY<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>3-9 May (Sunday-Sunday): The <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/globalsustainabilityexpo.com\/\" style=\"\">Global Sustainability Expo<\/a><\/span><span style=\"font-weight:400;\">, The Arena Riyadh Venue.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>5-6 May (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.skymovemena.com\/\" style=\"\">SkyMove Air Cargo MENA<\/a><\/span><span style=\"font-weight:400;\">, Riyadh. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>19-21 May (Tuesday-Thursday): The <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.saudientertainmentexpo.com\/?utm_source=google&utm_medium=organic&utm_campaign=seo\" style=\"\">Saudi Entertainment and Amusement Expo<\/a><\/span><span style=\"font-weight:400;\">, Riyadh Front Exhibition and Conference Center.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">24-28 May (Sunday-Thursday): Eid Al Adha holiday.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">JUNE<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>21-24 June (Sunday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.saudifoodexpo.com\/\" style=\"\">Saudi Food Exhibition and Conference<\/a><\/span><span style=\"font-weight:400;\">, Riyadh Front Expo.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">JULY<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>6 July-23 August (Monday-Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.linkedin.com\/posts\/mike-mccabe-600532_esportsworldcup-ewc2026-esports-activity-7383046360637456384-FXWl?utm_source=share&utm_medium=member_desktop&rcm=ACoAADcc9s0BqbX_KIfcdiR9Co3ThUUfykvz4-o\" style=\"\">Esports World Cup<\/a><\/span><span style=\"font-weight:400;\">, Riyadh.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">AUGUST<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>31 August-3 Sep (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/onegiantleap.com\/\" style=\"\">Leap Tech Conference<\/a><\/span><span>, Riyadh Exhibition & Convention Center - Malham.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">SEPTEMBER<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>15-17 September (Tuesday-Thursday) The <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/globalaisummit.org\/en\/Pages\/About.aspx\" style=\"\">Global AI Summit<\/a><\/span><span style=\"font-weight:400;\">, King Abdulaziz International Convention Center, Riyadh.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">23 September (Wednesday): Saudi National Day.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">OCTOBER<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>12-15 October (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.worldenergy.org\/experiences-events\/world-energy-congress\" style=\"\">World Energy Congress<\/a><\/span><span style=\"font-weight:400;\">, Riyadh.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>26-28 October (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/achema-middle-east.ksa.messefrankfurt.com\/ksa\/ppc.html?utm_source=ppc-landingpage&utm_medium=cpc&utm_campaign=kreativeclan_brand_exact_MENA_GCC&utm_content=homepage&gad_source=1&gad_campaignid=23591771694&gbraid=0AAAABBPuheGu3HUwCgxv7inX_RLac-B3S&gclid=CjwKCAiA2PrMBhA4EiwAwpHyC5npsmz5GRyYSeppI3k19DPZWLNG42F9H46N02ivlImv5gKzFI9D5RoCQGUQAvD_BwE\" style=\"\">ACHEMA Middle East<\/a><\/span><span style=\"font-weight:400;\">, Riyadh International Convention & Exhibition Center.  <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">NOVEMBER<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>24-28 November (Tuesday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/sandnfun.com\/en\/\" style=\"\">Aero Middle East and Sand & Fun<\/a><\/span><span style=\"font-weight:400;\">, Thumamah Airport, Riyadh.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Signposted to happen sometime in 2026:<\/span><\/p>\n<ul>\n<li><span style=\"font-weight:400;\">2H: Sabic\u2019s USD 6.4 bn Fujian project in China to start production;<\/span><\/li>\n<li><span style=\"font-weight:400;\">November: The UN Trade and Development Global Supply Chain Forum to take place in Saudi Arabia;<\/span><\/li>\n<li><span style=\"font-weight:400;\">November: The Esports Nations Cup, Riyadh;  <\/span><\/li>\n<li><span>The <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/intervision.world\/en\/\" style=\"\">Intervision<\/a><\/span><span style=\"font-weight:400;\"> international music competition will take place in Saudi Arabia.<\/span><\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Signposted to happen sometime in 2027:<\/span><\/p>\n<ul>\n<li><span style=\"font-weight:700\">The World Water Forum <\/span><span style=\"font-weight:400;\">takes place in Riyadh;<\/span><\/li>\n<li><span style=\"font-weight:700\">The Ocean Race<\/span><span style=\"font-weight:400;\"> finishes in Amaala on the Red Sea;<\/span><\/li>\n<li><span style=\"font-weight:700\">Riyadh-Kudmi transmission line<\/span><span style=\"font-weight:400;\"> to be completed.<\/span><\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">Signposted to happen sometime in 2Q 2027:<\/span><\/p>\n<ul>\n<li><span style=\"font-weight:700\">The Hail Region Water Networks Project<\/span><span style=\"font-weight:400;\"> is expected to be completed.<\/span><\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n   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