{"id":93485,"date":"2025-01-19T00:00:00","date_gmt":"2025-01-19T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/?post_type=issue&#038;p=93485"},"modified":"2025-12-14T20:02:07","modified_gmt":"2025-12-14T20:02:07","slug":"real-gdp-growth-projections-slashed-to-3-2-in-2025-imf","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/ksa\/issues\/real-gdp-growth-projections-slashed-to-3-2-in-2025-imf\/","title":{"rendered":"Real GDP growth projections slashed to 3.2% in 2025 -IMF"},"content":{"rendered":"<section id=\"93487\" 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=\"93487\">\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\/2025\/01\/19\/manara-minerals-is-mulling-investments-in-zambia-riyadh-air-delays-launch-to-3q-2025\/\">\r\n                            THIS MORNING: Manara Minerals is mulling investments in Zambia + Riyadh Air delays launch to 3Q 2025                        <\/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\/2025\/01\/19\/manara-minerals-is-mulling-investments-in-zambia-riyadh-air-delays-launch-to-3q-2025\/\" 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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Let\u2019s dive in.<\/p>\n<p class=\"tag-border-left\">HAPPENING THIS WEEK-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The five-day <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.weforum.org\/\" style=\"\" rel=\"noopener\">World Economic Forum (WEF)<\/a><\/strong><strong> Annual Meeting will kick off tomorrow in <\/strong><strong>Davos, Switzerland.<\/strong> The event will address global challenges, including geopolitical tensions, economic growth, technological advancements, and energy transitions.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saudi Arabia at the WEF: <\/strong>A Saudi delegation led by Foreign Minister Prince Faisal bin Farhan will be present at the WEF meeting, with ministers of tourism, investment, finance, economy and planning, industry and mineral resources, and communications and information technology (CIT), according to <a target=\"_blank\" href=\"https:\/\/spa.gov.sa\/N2244686\" style=\"\" rel=\"noopener\">state news agency SPA<\/a>. A session titled Saudi Arabia's Economic Shifts will take place on Thursday, where the Saudi ministers of economy, finance, and CIT will take the podium.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Kingdom will also debut its first standalone <\/strong><strong>Saudi House pavilion<\/strong>, hosting over 15 sessions, including 10 WEF-accredited discussions on trade, logistics, investment, sustainable tourism, and the global economy, <a target=\"_blank\" href=\"https:\/\/spa.gov.sa\/N2244744\" style=\"\" rel=\"noopener\">SPA reports<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WEATHER- <\/strong>Riyadh will see a high of 21\u00b0C and a low of 9\u00b0C today, while Jeddah\u2019s mercury will go as high as 30\u00b0C before tapering off to 23\u00b0C. Makkah\u2019s weather will see a 32\u00b0C high and 20\u00b0C low.<\/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\"> WATCH THIS SPACE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> <a id=\"wwtt1\"><\/a> <\/strong><strong>#1- PIF-backed Manara Minerals is scanning Zambian minerals projects for potential <\/strong><strong>investments, with a mining agreement likely to happen this year<\/strong>, Zambian Mines and Minerals Development Minister Paul Kabuswe told <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/commodities\/zambia-says-saudis-manara-interested-its-copper-assets-2025-01-16\/\" style=\"\" rel=\"noopener\">Reuters<\/a>. Manara has yet to decide which projects it will invest in, but has clearly expressed interest, Kabuswe added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> Manara Minerals \u2014 a JV between the Public Investment Fund and mining giant Ma\u2019aden \u2014 was reportedly <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/950fd0a5-b1ba-4f9f-a60e-b80cda8090dc\/manara-minerals-in-advanced-talks-for-usd-1.5-2-bn-stake-in-zambia-mines\" style=\"\" rel=\"noopener\">in advanced talks<\/a> with Canada\u2019s <a target=\"_blank\" href=\"https:\/\/first-quantum.com\/\" style=\"\" rel=\"noopener\">First Quantum Minerals<\/a> for a 15-20% stake in its Zambian copper and nickel mines, before Japanese trading house Mitsui <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/c18802d8-50a6-4edd-a25a-ef1c2b8c1cf4\/aramco-has-more-debt-plans-in-the-pipeline,-cfo-says#:~:text=%232%2D%20Manara%E2%80%99s%20plans%20to%20snap%20up%20stakes%20in%20Zambian%20mines%20have%20fallen%20through%3A%20Japanese\" style=\"\" rel=\"noopener\">put down USD 2 bn<\/a> to outbid Manara. The Zambian government is aware of ongoing talks between Manara and First Quantum but is not in on the details, Kabuswe told the news agency on Thursday.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Gulf investors, including Saudi Arabia and the UAE, are expected to play a pivotal role in<\/strong><strong> Zambia\u2019s push to increase its copper output<\/strong> to some 1 mn tons this year, up from the 720k tons it produced in 2024, Jito Kayumba, special assistant for finance and investment to Zambia\u2019s president, was quoted as saying by <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-01-17\/zambia-looks-to-uae-and-saudi-arabia-to-back-copper-expansion\" style=\"\" rel=\"noopener\">Bloomberg<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Manara is doubling down on copper investments: <\/strong>Manara is also in talks for joint investments in copper with Chile\u2019s <a target=\"_blank\" href=\"https:\/\/www.codelco.com\/\" style=\"\" rel=\"noopener\">Codelco<\/a>, the world\u2019s largest producer of the metal, with an announcement likely to emerge in the coming months, the state-owned company\u2019s Chairman Maximo Pacheco told <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/commodities\/codelco-saudi-talks-copper-investment-2025-output-seen-up-2025-01-17\/\" style=\"\" rel=\"noopener\">Reuters<\/a> on the sidelines of FMF. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO IN THE MINING SECTOR-<\/strong> Saudi Arabia is on the verge of finalizing its investment in Pakistan\u2019s Reko Diq mine in the next few months after an agreement was approved by both sides to bring foreign exchange earnings into Pakistan instead of an overseas account, Pakistani news outlet <a target=\"_blank\" href=\"https:\/\/www.thenews.com.pk\/print\/1273473-pakistan-ksa-eyeing-reko-diq-deal-in-next-few-months\" style=\"\" rel=\"noopener\">The News International<\/a> reports, citing a senior official familiar with the talks.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WE KNEW THIS WAS COMING- <\/strong>Pakistani Petroleum Minister Musadik Malik <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/6db3c561-ad78-4064-8e49-1c391fb54fd8\/news-on%253cmark%253e-reko%253c%2Fmark%253e%253cmark%253e-diq%253c%2Fmark%253e-and-more-from-fmf\" style=\"\" rel=\"noopener\">told Reuters<\/a> last week that Manara could finalize its investment in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/84d44bd2-0d47-4890-be03-074d970fb26f\/manara%25e2%2580%2599s-stake-acquisition-in%253cmark%253e-reko-diq%253c%2Fmark%253e-mining-project-gets-pakistani-cabinet-approval\" style=\"\" rel=\"noopener\">Reko Diq<\/a> within the next two quarters. He also expressed optimism about significant copper-related announcements this year, which may include additional investments by Manara at Reko Diq and nearby mines.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <a id=\"wwtt2\"><\/a> <strong>#2- Riyadh Air delays launch to 3Q 2025 amid Boeing delivery setbacks: <\/strong>PIF-owned Riyadh Air opted to push back its launch to 3Q 2025 from early this year after facing delays in its Boeing aircraft order, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-01-16\/boeing-delays-cause-schedule-slip-at-saudi-startup-riyadh-air\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports, citing anonymous sources. The delivery delay is expected to see the airline receive as many as four Boeing 787 Dreamliners this year \u2014 half of the original delivery.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong>Riyadh Air also placed an order of <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/cc99c6af-22bb-4009-8fd1-a45222058526\/%253cmark%253eriyadh-air%253c%2Fmark%253e-puts-in-usd-4-bn-order-for-60-a321neo-aircraft\" style=\"\" rel=\"noopener\">60 Airbus A321neos<\/a> in October which are scheduled to arrive between 2H 2026 and 2030. The startup airline is also to place a new <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/83c3ba99-8359-4914-a4e5-e68a74d558d5\/no-liv-pga-merger-just-yet\" style=\"\" rel=\"noopener\">wide-body jet order<\/a> by 1H 2025 to further expand its fleet, eyeing the Boeing 777X and Airbus A350-1000.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Turbulence in the aviation sector: <\/strong>Boeing\u2019s 2024 was marred by delivery delays and general supply chain disruptions which are <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/8fbf1655-c4ef-496a-93e0-00b09ff13b53\/today:-saudi%25e2%2580%2599s-bahri-secures-usd-800-mn-in-financing-%2B-uae-backs-a-new-european-interconnection-project\" style=\"\" rel=\"noopener\">set to persist well into 2025<\/a>. Lags in the aviation supply chain are impacting the sector at a global scale amid shortages of spare parts and issues with engine maintenance. Analysts <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/03f347a8-9e2b-4d58-b99b-14a03fe7a1d7\" style=\"\" rel=\"noopener\">expect<\/a> the aviation sector\u2019s challenges will persist for years with no quick resolution in sight.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- Reins. firms ease restrictions for Middle East policies amid progress on Gaza<\/strong><strong> ceasefire <\/strong><strong>agreement: <\/strong>Reins. firms, including Swiss Re, dropped a restrictive clause that allowed them to cancel Middle East coverage if the war on Gaza were to escalate, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/finance\/reinsurers-drop-some-middle-east-restrictions-sources-say-2025-01-17\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing industry insiders. Introduced in January 2024, the clause was removed as a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/196da61d-7b5e-4cbb-8712-f1ac75961cd8\/this-morning:-another-season-with-ronaldo-for-al-nassr\" style=\"\" rel=\"noopener\">ceasefire agreement<\/a> between Israel and Hamas was recently reached.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What does it mean? <\/strong>The change could be indicative of increased market competition, rather than an improved regional outlook, according to one source. While restrictions remain in high-risk areas like Israel and Yemen, analysts suggest that sustained stability could lead to further relaxation of underwriting policies.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt3\"><\/a> <strong>#4- A GCC-UK freetrade agreement (FTA) could be finalized within a week in London<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.aleqt.com\/2025\/01\/18\/article_2755736.html\" style=\"\" rel=\"noopener\">Aleqtisadiah<\/a> reports citing a UK government spokesman. A delegation from the six GCC states will finalize the FTA, which could add GBP 8.6 bn annually to the trade balance between the UK and the GCC, up 16%, with a focus on technology, AI, and renewable energy. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>We knew this was coming: <\/strong>The talks reportedly entered their <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/27a1f325-0008-46af-86f4-1026f0542c8d\/saudi-needs-to-add-115k-homes-per-year-for-the-next-six-years,-knight-frank-says\" style=\"\" rel=\"noopener\">final stages<\/a> in November. GCC nations have been working on the draft agreement since 2022, which could be followed by individual trade pacts between the UK and GCC countries.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AND- <\/strong><strong>Saudi and Thai Trade officials talk freetrade: <\/strong>Commerce Minister Majed Al Qasabi and Thai Trade representative Nalinee Thavisi discussed a potential FTA between Thailand and the GCC, according to Thailand\u2019s <a target=\"_blank\" href=\"http:\/\/nationthailand\" style=\"\" rel=\"noopener\">The Nation<\/a>. No further details on the meeting were provided.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> . <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>We\u2019ve been getting warmer with Bangkok: <\/strong>Thailand\u2019s Board of Investment opened up an office in Riyadh <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/aab8d580-b2ce-4670-b9be-b2beb4e56d26\/egypt-focused,-lse-listed-miner-centamin-is-looking-at-saudi-arabia\" style=\"\" rel=\"noopener\">back in July<\/a>, aiming to bolster trade and investment ties between the two countries.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#5- Automotive oil manufacturer <\/strong><strong><a target=\"_blank\" href=\"https:\/\/aqaseem.com\/en\/home\/\" style=\"\" rel=\"noopener\">Aqaseem<\/a><\/strong><strong> secured approval from the Capital Market<\/strong> <strong>Authority for the public offering of debt instruments <\/strong>under a SAR 500 mn program, according to a <a target=\"_blank\" href=\"https:\/\/cma.org.sa\/en\/Market\/News\/pages\/CMA_N_3721.aspx\" style=\"\" rel=\"noopener\">statement<\/a> from the authority. A prospectus for the undisclosed offering will be released in due time, the statement read.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#6-<\/strong> <strong>Amak to quadruple exploration spending: <\/strong>Tadawul-listed <a target=\"_blank\" href=\"https:\/\/amak.com.sa\/\" style=\"\" rel=\"noopener\">Almasane Alkobra<\/a><a target=\"_blank\" href=\"https:\/\/amak.com.sa\/\" style=\"\" rel=\"noopener\">Mining<\/a> (Amak) plans to quadruple its y-o-y exploration spending in 2025, with exploration licenses expanding to 25 this year, up from only two licenses five years ago, CEO Geoffrey MacDonald Day told <a target=\"_blank\" href=\"https:\/\/www.argaam.com\/en\/article\/articledetail\/id\/1783038\" style=\"\" rel=\"noopener\">Argaam<\/a>.<\/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\">DATA POINTS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt4\"><\/a> Aramco maintained its spot as the most profitable company for the third consecutive <\/strong><strong>year<\/strong> on the <a target=\"_blank\" href=\"https:\/\/fortune.com\/ranking\/global500\/\" style=\"\" rel=\"noopener\">Fortune Global 500 index<\/a>. The company recorded the largest earnings of any company in 2024 with USD 120.7 bn, surpassing Apple (USD 97 bn), Berkshire Hathaway (USD 96.2 bn), and Alphabet (USD 73.8 bn).<\/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\">OIL WATCH-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>China and India are looking to the Middle East for oil supplies in Russia\u2019s stead<\/strong> after the US Treasury Department\u2019s <a target=\"_blank\" href=\"https:\/\/home.treasury.gov\/news\/press-releases\/jy2777\" style=\"\" rel=\"noopener\">recent package of sanctions<\/a> on Russia from the US, estimated to be the toughest since the start of the war in Ukraine in 2022, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-01-17\/russian-oil-us-sanctions-send-china-and-india-looking-for-new-supplies\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports. The sanctions were imposed on some 161 Russian oil tankers, with analysts like Macquarie Group estimating that the move could cause a loss of as many as 2.15 mn bbl \/ d in exports.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details: <\/strong>Chinese and Indian buyers reportedly asked Saudi Arabia, Iraq, the UAE, and Kuwait for more oil, which might prove difficult to provide given their commitments to OPEC+ \u2014 where Moscow is a leading force \u2014 to keep supply short, writes the business information service. Aramco already turned down requests for February-loading cargos from some Chinese buyers, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/commodities\/qatar-hikes-march-al-shaheen-oil-term-price-over-2-year-high-2025-01-16\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing sources it says are familiar with the matter.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Shipping rates are also on the rise<\/strong>, driven by the sanctions and higher demand for vessels to transport Middle Eastern crude to Asia, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/commodities\/tanker-rates-extend-rally-sanctions-demand-load-mideast-oil-2025-01-15\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. The charter cost of a supertanker from the Middle East to China rose 15% to reach USD 4.1 mn, with tankers on other routes seeing similar hikes, shipbrokers told the news agency.<\/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\">SPORTS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- Fox Sports lands LIV Golf broadcasting rights:<\/strong> US broadcaster Fox Sports will start broadcasting LIV Golf events under a multi-year contract, according to a <a target=\"_blank\" href=\"https:\/\/www.livgolf.com\/news\/fox-sports-and-liv-golf-to-enter-multi-year-media-rights-agreement\" style=\"\" rel=\"noopener\">statement<\/a> from LIV Golf. Upwards of half of the league\u2019s schedule will be aired on FOX or the FS1 network under the agreement, with select events set to air on FS2, FOX Business Network, and the FOX Sports App. The value of the agreement was not disclosed. The story got ink from <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-01-16\/fox-sports-to-air-liv-golf-competitions-under-new-rights-deal\" style=\"\" rel=\"noopener\">Bloomberg<\/a> and the <a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/liv-golf-fox-sports-tv-deal-saudi-9264b39429c37da39926f5735eed72d6\" style=\"\" rel=\"noopener\">Associated Press<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Rory McIlroy praises new LIV Golf CEO: <\/strong>PGA Tour star Rory McIlroy sang the praises of LIV Golf\u2019s new CEO Scott O\u2019Neil, who assumed the position on <a target=\"_blank\" href=\"https:\/\/www.livgolf.com\/news\/liv-golf-announces-scott-oneil-as-new-ceo-of-the-global-golf-league\" style=\"\" rel=\"noopener\">Wednesday<\/a> to replace the outgoing Greg Norman, with whom McIlroy had a public spat during his tenure at the helm of the PIF-backed circuit, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/sports\/golf\/rory-mcilroy-calls-livs-ceo-swap-probably-good-move-2025-01-17\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. O\u2019Neil previously served as CEO of the parent company of the NBA's Philadelphia 76ers and NHL's New Jersey Devils, as well as the president of Madison Square Garden.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- Yazeed Al Rajhi became the first Saudi to take the Dakar Rally title<\/strong>, outpacing his closest competitor, South Africa's Henk Lategan, by almost four minutes, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/sports\/saudi-arabias-al-rajhi-takes-maiden-dakar-crown-sanders-wins-motorcycle-category-2025-01-17\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. The <a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/dakar-rally-alrajhi-sanders-69f9c5f1cedb469c37004910e106af9b\" style=\"\" rel=\"noopener\">Associated Press<\/a> also had the story.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- FROM THE RUMOR MILL-<\/strong> <strong>Massimiliano Allegri set to replace Matthias Jaissle as Al<\/strong> <strong>Ahli coach:<\/strong> Massimiliano Allegri, who was <a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/allegri-juventus-fired-109af65144ad163a229fb952c6a85f31\" style=\"\" rel=\"noopener\">fired by Juventus<\/a> last season due to an outburst towards the referees in the Coppa Italia final, is reportedly in the running to take over Al Ahli\u2019s helm from Matthias Jaissle, <a target=\"_blank\" href=\"https:\/\/www.goal.com\/ar\/%D8%A3%D8%AE%D8%A8%D8%A7%D8%B1\/%D9%85%D8%A7%D8%AA%D9%8A%D8%A7%D8%B3-%D9%8A%D8%A7%D9%8A%D8%B3%D9%84%D9%87-%D8%A7%D9%84%D8%A7%D9%94%D9%87%D9%84%D9%8A-%D9%85%D8%A7%D8%B3%D9%8A%D9%85%D9%8A%D9%84%D9%8A%D8%A7%D9%86%D9%88-%D8%A7%D9%94%D9%84%D9%8A%D8%AC%D8%B1%D9%8A-%D8%AF%D9%88%D8%B1%D9%8A-%D8%B1%D9%88%D8%B4%D9%86-%D8%A7%D9%84%D8%B3%D8%B9%D9%88%D8%AF%D9%8A\/bltde1e6930571adcfa\" style=\"\" rel=\"noopener\">Goal.com<\/a> reports. Al Ahli currently is placed in the 5th spot at the Saudi Pro League.<\/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: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/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 target=\"_blank\" href=\"ksa\/en\/user\/NewsLetters\" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;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;orphans:2;widows:2;text-align:left\"><strong>EnterpriseAM Saudi is available without charge <\/strong>thanks to the generous support of our friends at Tas\u2019heel.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;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 target=\"_blank\" href=\"mailto:climate@enterprisemea.com\" style=\"\" rel=\"noopener\">saudi@enterpriseAM.com<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DID YOU KNOW <\/strong>that we also cover <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\" style=\"\" rel=\"noopener\">Egypt<\/a>, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\" style=\"\" rel=\"noopener\">the UAE<\/a>, the MENA <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\" style=\"\" rel=\"noopener\">logistics<\/a> and  <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\" style=\"\" rel=\"noopener\">climate<\/a>  industries?<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Were you forwarded this email? <\/strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/user\/news-letters\" style=\"\" rel=\"noopener\">Tap or click here<\/a> to get your own copy of EnterpriseAM Saudi delivered every weekday.<br \/><strong>***<\/strong><\/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\">THE BIG STORY ABROAD- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It\u2019s a busy day in global news,<\/strong> with an approaching ceasefire in Gaza set to begin in just over a couple of hours, the commentariat in a frenzy ahead of Trump being inaugurated as the 47th president tomorrow, and TikTok\u2019s US operations potentially getting thrown a lifeline by the incoming administration all battling for digital ink.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Our corner of the world is for the first time in a while leading with positive news<\/strong>, with a ceasefire between Hamas and Israel set to begin at 8:30am Cairo time after 15 months of a brutal assault on Gaza that has killed tens of thousands \u2014 of which the UN estimates 70% to be women and children. The Egypt, Qatar, and US-brokered agreement from today sets out a six week period that will see an end to the assault, the entry of much needed aid, and the release of 33 Israeli and 2k Palestinian hostages, followed by more released throughout the period, before the more fragile second and third phases seeking to put an end to the war for good begins. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/israeli-cabinet-approves-gaza-ceasefire-accord-due-take-effect-sunday-2025-01-17\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2025\/01\/18\/world\/middleeast\/israel-gaza-ceasefire.html?searchResultPosition=1\" style=\"\" rel=\"noopener\">New York Times<\/a> | <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/world\/middle-east\/israel-gaza-and-egypt-prepare-for-cease-fire-deal-e4781a24?mod=hp_lead_pos3\" style=\"\" rel=\"noopener\">Wall Street Journal<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-01-17\/israel-s-cabinet-approves-deal-for-ceasefire-starting-sunday?srnd=homepage-middle-east\" style=\"\" rel=\"noopener\">Bloomberg<\/a> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>But the likes of Netanyahu and other warhawks seem to already be laying the <\/strong><strong>groundwork for a potential return to the war<\/strong>, with the Israeli prime minister saying in a televised statement just hours ahead of the ceasefire that the country\u2019s \u201ccampaign is not over\u201d and that he has both Biden and Trump\u2019s backing to restart its assault on Gaza \u201cif the second stage [of the ceasefire] is fruitless. (<a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/world\/live\/2025\/jan\/18\/middle-east-crisis-live-israel-says-737-prisoners-to-initially-be-freed-after-cabinet-approves-gaza-ceasefire\" style=\"\" rel=\"noopener\">Guardian<\/a>)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>While over in business news, Trump signaled he may grant TikTok a 90-day extension to<\/strong><strong> avoid a nationwide ban set for today<\/strong>, citing the need for a \u201cpolitical resolution.\u201d The Supreme Court upheld the ban as recently as Friday over national security concerns, giving the ByteDance-owned company the choice of divesting from its parent company or closing down its US operations. (<a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/acd9fa8c-5ff8-4418-9d21-fa4012012883\" style=\"\" rel=\"noopener\">Financial Times<\/a> | <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/technology\/tiktok-faces-us-ban-deadline-users-brace-fallout-2025-01-18\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/tiktok-us-ban-trump-extension-a3936a93f174d176d3633a67554d771b\" style=\"\" rel=\"noopener\">Associated Press<\/a> | <a target=\"_blank\" href=\"https:\/\/www.washingtonpost.com\/technology\/2025\/01\/18\/trump-tiktok-ban-90-day-reprieve\/\" style=\"\" rel=\"noopener\">Washington Post<\/a>) <\/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\"> CIRCLE YOUR CALENDAR-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- The three-day <\/strong><strong><a target=\"_blank\" href=\"https:\/\/therff.com\/new\/index_en.php\" style=\"\" rel=\"noopener\">Real Estate Future Forum<\/a><\/strong><strong> kicks off on 27 January at the Four Seasons<\/strong>, Riyadh. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- The UFC returns to the Kingdom on 1 February<\/strong>, kicking off its 2025 collaboration with Riyadh Season, according to <a target=\"_blank\" href=\"https:\/\/www.forbes.com\/sites\/brianmazique\/2024\/12\/28\/ufc-saudi-arabia-card-order-released-with-former-champ-9-ranked-fighters\/\" style=\"\" rel=\"noopener\">Forbes<\/a>. The main event will see former middleweight champion Israel Adesanya face Nassourdine Imavov. The co-main event will see Shara Magomedov square off with Michael \u201cVenom\u201d Page. The <a target=\"_blank\" href=\"https:\/\/www.ufc.com\/event\/ufc-fight-night-february-01-2025\" style=\"\" rel=\"noopener\">card also includes<\/a> several ranked fighters, with matchups spanning multiple divisions. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- <\/strong><strong><a target=\"_blank\" href=\"https:\/\/onegiantleap.com\/?utm_source=google&utm_medium=paid&utm_content=awareness&utm_campaign=leap25&gad_source=1&gclid=Cj0KCQiAsaS7BhDPARIsAAX5cSBz3wEr-jwQUv4anTN34AABD2USIz5sBMWgLDV_MA9lmMKz2Z2hC4gaAtp-EALw_wcB\" style=\"\" rel=\"noopener\">LEAP 2025<\/a><\/strong><strong> will take place between 9-12 February at the Riyadh Exhibition &<\/strong> <strong>Convention Center in Malham. <\/strong>The tech event will bring together over 1.8k global tech brands, 1k experts and some 680 startups. LEAP 2025 will feature over 300 hours of content across 17 tracks, covering AI, fintech, edtech, smart cities, and more. <strong>Co-located with LEAP is <\/strong><strong><a target=\"_blank\" href=\"https:\/\/deepfest.com\/?utm_source=google&utm_medium=paid&utm_content=delprom&utm_campaign=deepfest25&gad_source=1&gclid=Cj0KCQiAsaS7BhDPARIsAAX5cSAs6go_HF8cfSJzWZ7cLnuG1235sUKrj5zA4e36unoL1XlBEADPABQaAkypEALw_wcB\" style=\"\" rel=\"noopener\">DeepFest<\/a><\/strong>, a major AI-focused event bringing thought leaders and innovators under one roof.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- The eight-day <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.big5constructsaudi.com\/\" style=\"\" rel=\"noopener\">Big 5 Construct Saudi<\/a><\/strong><strong> will take place from 15-18 February and 24-27<\/strong><strong> February<\/strong> at the Riyadh Front Exhibition & Conference Center. The Kingdom\u2019s largest construction event will feature over 2k exhibitors from more than 60 countries, showcasing innovations across the sector. The event is expected to attract over 75k participants.<\/p>\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\/aviation\/\">AVIATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/boeing\/\">Boeing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/mining\/\">mining<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/riyadh-air\/\">Riyadh Air<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a 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<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\/15542.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>From OUR FAMILY to YOURS<\/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=\"93490\" 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=\"93490\">\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\">ECONOMY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/ksa\/2025\/01\/19\/imf-lowers-real-gdp-growth-projections-to-3-2-in-2025\/\">\r\n                            IMF lowers real GDP growth projections to 3.2% in 2025                        <\/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\/2025\/01\/19\/imf-lowers-real-gdp-growth-projections-to-3-2-in-2025\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> 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href=\"https:\/\/api.whatsapp.com\/send?text=IMF+lowers+real+GDP+growth+projections+to+3.2%25+in+2025+https%3A%2F%2Fenterpriseam.com%2Fksa%2F2025%2F01%2F19%2Fimf-lowers-real-gdp-growth-projections-to-3-2-in-2025%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\/2025\/01\/19\/imf-lowers-real-gdp-growth-projections-to-3-2-in-2025\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1185.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"93491\" data-permalink=\"https:\/\/enterpriseam.com\/ksa\/2025\/01\/19\/imf-lowers-real-gdp-growth-projections-to-3-2-in-2025\/1185-jpg-7\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1185.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1185.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1185.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1185.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-93490\" class=\"content-area-description single-story post-93490 post type-post status-publish format-standard has-post-thumbnail hentry category-economy tag-economy tag-enterpriseam-ksa tag-gdp tag-international-monetary-fund-imf wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/1\/.e9db17eb-c434-4da9-a27e-1241afa5cb2b.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>The International Monetary Fund (IMF) slashed the Kingdom\u2019s growth projections <\/strong><strong>to 3.2% <\/strong><strong>this year<\/strong>, according to its <a target=\"_blank\" href=\"https:\/\/www.imf.org\/en\/Publications\/WEO\/Issues\/2025\/01\/17\/world-economic-outlook-update-january-2025\" style=\"\" rel=\"noopener\">World Economic Outlook (WEO) Update<\/a> published Friday. The most recent projection is a downward revision of 1.3 percentage points from the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/b60aa707-2d10-47e1-9117-c4f377cd7609\/\" style=\"\" rel=\"noopener\">IMF\u2019s previous WEO in October<\/a>. The IMF also penciled in a 4.1% growth clip in 2026, a downward revision of 0.3 percentage points, and revised its 2024 growth estimate \u2014 for the fifth time \u2014 to 1.4%.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The culprit?<\/strong> Extended Opec+ production cuts. The oil group decided <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/bcbe499a-5e67-420b-ae35-54ad983a4b36\" style=\"\" rel=\"noopener\">in December<\/a> to push back the start date of production increases by three months to April 2025, with the overall production increases slated to be gradually implemented until the end of 2026. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> The Fund\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/2661e741-caa7-4415-ab9d-47944a4e8e64\" style=\"\" rel=\"noopener\">last projections<\/a> saw Saudi\u2019s real GDP growing 4.6% in 2025, and 4.4% in 2026 as oil production cuts were expected to gradually ease. This was in line with government targets of 4.6% growth in FY 2025, based on a pick-up in non-oil activities and private sector participation.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Moody\u2019s and Standard Chartered weigh in: <\/strong><a target=\"_blank\" href=\"https:\/\/www.moodys.com\/research\/docid--PBC_1425226\" style=\"\" rel=\"noopener\">Moody\u2019s<\/a> expects MENA\u2019s economic growth to reach 2.9% in 2025, up from 2.1% in 2024 with hydrocarbon exporters \u2014 Saudi Arabia, the UAE, Iraq, Kuwait, and Oman \u2014 growing by 3.5%. Meanwhile, Standard Chartered sees the GCC outperforming global growth in 2025, fueled by non-oil sector expansion, private-sector growth, and lower interest rates supporting industries in Saudi Arabia, the UAE, and Qatar, <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/economy\/gcc\/gcc-economy-will-stay-resilient-this-year-stanchart-nhjbc1gd\" style=\"\" rel=\"noopener\">Zawya<\/a> reports.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The regional picture:<\/strong> The revised growth figures for Saudi weighed on the IMF\u2019s growth projections for the Middle East and Central Asia region in 2025 to 3.6%, from 3.9% projected in October. Despite the downward revision, the region\u2019s growth outlook remains higher than projections for the global economy, which the fund sees at 3.3% in both 2025 and 2026.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Energy prices to go down: <\/strong>The IMF also sees energy commodity prices declining by 2.6% in 2025, on the back of lower Chinese demand and higher supply from countries outside of Opec+. However, increases in gas prices \u2014 due to colder weather and supply disruptions \u2014 are expected to ease the decline.<\/p>\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\/economy\/\">ECONOMY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/gdp\/\">GDP<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/international-monetary-fund-imf\/\">International Monetary Fund (IMF)<\/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=\"93492\" 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=\"93492\">\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\">MINING<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/ksa\/2025\/01\/19\/future-minerals-forum-wraps-with-sar-107-bn-in-agreements\/\">\r\n                            Future Minerals Forum wraps with SAR 107 bn in agreements                        <\/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\/2025\/01\/19\/future-minerals-forum-wraps-with-sar-107-bn-in-agreements\/\" 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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The agreements covered exploration, financing, R&D, and sustainability, among others.<\/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\">MODON\u2019S LOCALIZATION PUSH-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- The Saudi Authority for Industrial Cities and <\/strong><strong>Technology Zones (Modon) signed SAR 2.3 bn-worth of agreements<\/strong> to localize mining industries. The agreements include:<\/p>\n<ul>\n<li><strong>A SAR 1.3 bn <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/saudi-authority-for-industrial-cities-and-technology-zones_%D8%A8%D8%B1%D8%B9%D8%A7%D9%8A%D8%A9-%D9%88%D8%AD%D8%B6%D9%88%D8%B1-%D9%85%D8%B9%D8%A7%D9%84%D9%8A-%D9%88%D8%B2%D9%8A%D8%B1-%D8%A7%D9%84%D8%B5%D9%86%D8%A7%D8%B9%D8%A9-%D9%88%D8%A7%D9%84%D8%AB%D8%B1%D9%88%D8%A9-%D8%A7%D9%84%D9%85%D8%B9%D8%AF%D9%86%D9%8A%D8%A9-activity-7285646798482771969-AWjK?utm_source=social_share_sheet&utm_medium=member_desktop_web\" style=\"\" rel=\"noopener\">agreement<\/a><\/strong> <strong> with <\/strong><strong><a target=\"_blank\" href=\"https:\/\/tahweelholding.com.sa\/\" style=\"\" rel=\"noopener\">Tahweel Holding<\/a><\/strong> <strong> to build an aluminum foil plant<\/strong> in Dammam\u2019s third industrial city spanning 205k sqm;<\/li>\n<li><strong>A SAR 125 mn <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/saudi-authority-for-industrial-cities-and-technology-zones_%D8%A8%D8%B1%D8%B9%D8%A7%D9%8A%D8%A9-%D9%88%D8%AD%D8%B6%D9%88%D8%B1-%D9%85%D8%B9%D8%A7%D9%84%D9%8A-%D9%88%D8%B2%D9%8A%D8%B1-%D8%A7%D9%84%D8%B5%D9%86%D8%A7%D8%B9%D8%A9-%D9%88%D8%A7%D9%84%D8%AB%D8%B1%D9%88%D8%A9-%D8%A7%D9%84%D9%85%D8%B9%D8%AF%D9%86%D9%8A%D8%A9-activity-7285656431280738304-8ms6?utm_source=social_share_sheet&utm_medium=member_desktop_web\" style=\"\" rel=\"noopener\">agreement<\/a><\/strong><strong> with <\/strong><strong><a target=\"_blank\" href=\"https:\/\/epc-battery.com\/\" style=\"\" rel=\"noopener\">Energy Projects Company<\/a><\/strong><strong> for a car battery manufacturing plant<\/strong> in Shaqraa Industrial City, spanning 69k sqm;<\/li>\n<li><strong>A SAR 195 mn <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/saudi-authority-for-industrial-cities-and-technology-zones_%D8%A8%D8%B1%D8%B9%D8%A7%D9%8A%D8%A9-%D9%88%D8%AD%D8%B6%D9%88%D8%B1-%D9%85%D8%B9%D8%A7%D9%84%D9%8A-%D9%88%D8%B2%D9%8A%D8%B1-%D8%A7%D9%84%D8%B5%D9%86%D8%A7%D8%B9%D8%A9-%D9%88%D8%A7%D9%84%D8%AB%D8%B1%D9%88%D8%A9-%D8%A7%D9%84%D9%85%D8%B9%D8%AF%D9%86%D9%8A%D8%A9-activity-7285682262250065923-yvVM?utm_source=social_share_sheet&utm_medium=member_desktop_web\" style=\"\" rel=\"noopener\">agreement<\/a><\/strong><strong> with STA Industry<\/strong> <strong>to establish a sustainable cement manufacturing facility<\/strong> in Al Kharj Industrial City, spanning 120k sqm.<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- <\/strong>Modon signed an <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/saudi-authority-for-industrial-cities-and-technology-zones_%D8%A8%D8%B1%D8%B9%D8%A7%D9%8A%D8%A9-%D9%88%D8%AD%D8%B6%D9%88%D8%B1-%D9%85%D8%B9%D8%A7%D9%84%D9%8A-%D9%88%D8%B2%D9%8A%D8%B1-%D8%A7%D9%84%D8%B5%D9%86%D8%A7%D8%B9%D8%A9-%D9%88%D8%A7%D9%84%D8%AB%D8%B1%D9%88%D8%A9-%D8%A7%D9%84%D9%85%D8%B9%D8%AF%D9%86%D9%8A%D8%A9-activity-7285680983935242241-Ro2y?utm_source=social_share_sheet&utm_medium=member_desktop_web\" style=\"\" rel=\"noopener\">agreement<\/a> with PIF\u2019s mining unit Ma\u2019aden to develop the infrastructure in the residential area of the Wa\u2019ad Al Shamal Industrial City\u2019s second phase, spanning 365k sqm. Further details on the investment ticket and timeline were not disclosed.<\/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\">ALSO SIGNED AT THE FMF-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- RCJY inks agreements with Turkish and Brazilian manufacturers: <\/strong>The Royal Commission for Jubail and Yanbu (RCJY) signed an agreement with Turkish steel conglomerate <a target=\"_blank\" href=\"https:\/\/www.tosyaliholding.com.tr\/en\" style=\"\" rel=\"noopener\">Tosyali Holding<\/a> to establish a flat steel production plant in Ras Al Khair, as well as a land reservation <a target=\"_blank\" href=\"https:\/\/vale.com\/w\/vale-and-royal-comission-of-jubail-and-yanbu-sign-land-reservation-agreement-for-multi-million-dollar-mega-hub-at-ras-al-khair\/-\/categories\/1968812\" style=\"\" rel=\"noopener\">agreement<\/a> with Brazil\u2019s sustainable mining company <a target=\"_blank\" href=\"https:\/\/www.vale.com\/\" style=\"\" rel=\"noopener\">Vale<\/a> for a two-phase \u201cmega hub\u201d to manufacture cold-briquetted iron ore, with a full operational capacity of up to 12 mn tonnes annually.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>RCJY also inked an MoU with India\u2019s <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.vedantalimited.com\/\" style=\"\" rel=\"noopener\">Vedanta<\/a><\/strong><strong> to establish a copper smelter <\/strong><strong>and refinery<\/strong> with an annual capacity of 400k tonnes, along with a copper rod plant that has a yearly capacity of 300k tonnes in Ras Al Khair.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- A USD 1.4 bn fund for deep-sea exploration: <\/strong><a target=\"_blank\" href=\"https:\/\/mekyal.com\/en\/\" style=\"\" rel=\"noopener\">Mekyal Financial Technologies<\/a> and Marine Mining signed <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/business\/investment\/saudi-mekyal-atlantis-blu-mining-gmbh-announce-14bln-fund-at-fmf-2025-nznd389p\" style=\"\" rel=\"noopener\">an MoU<\/a> with Atlantis Blu Mining GmbH to launch a USD 1.4 bn fund, to support deep-sea mineral exploration projects. No further information was disclosed.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4-<\/strong> <strong>An innovation ecosystem for the mining industry: <\/strong>The National Industrial Development and Logistics Program <a target=\"_blank\" href=\"https:\/\/x.com\/NIDLP_2030\/status\/1879855621295796558\" style=\"\" rel=\"noopener\">launched<\/a> the Mining Innovation Studio, an accelerator program for mining tech startups aimed at attracting global startups to the Kingdom. The Studio was established in partnership with the Industry and Mineral Resources Ministry, Newlab, the Saudi Geological Survey, King Abdulaziz City for Science and Technology (KACST), Ma\u2019aden and Esnad.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#5-<\/strong> <strong>KACST also <\/strong><strong><a target=\"_blank\" href=\"https:\/\/x.com\/KACST\/status\/1879921053935468567\" style=\"\" rel=\"noopener\">teamed up<\/a><\/strong><strong> with the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.cemi.ca\/\" style=\"\" rel=\"noopener\">Canadian Center of Excellence for Mining Innovation<\/a><\/strong> to develop and use fresh mining tech to boost mineral exploration.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI-<\/strong> <strong>The Kingdom is<\/strong> <strong>embarking on a <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/8d139399-47f2-452e-a556-6e70cec24288\/going-fast-and-furious-with-usd-100-bn-mining-push\" style=\"\" rel=\"noopener\">USD 100 bn mineral investment project<\/a><\/strong> as part of a \u201cfast and furious\u201d push to deepen the Kingdom\u2019s mining footprint and position itself as a global mining hub. The nation\u2019s untapped mineral resources are estimated to be worth c. USD 2.5 tn, or 90% more than the last forecast in 2016.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/future-minerals-forum\/\">Future Minerals Forum<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/investment-watch\/\">INVESTMENT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/mining\/\">mining<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/saudi-arabian-mining-company-maaden\/\">Saudi Arabian Mining Company 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class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-93494\" class=\"content-area-description single-story post-93494 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/www.tasheelfinance.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1942.jpg?ssl=1\"><\/a><\/span><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"93495\" 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=\"93495\">\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\">MANUFACTURING<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/ksa\/2025\/01\/19\/maaden-awards-usd-922-mn-in-contracts-for-fertilizers-megaproject\/\">\r\n                            Ma\u2019aden awards USD 922 mn in contracts for fertilizers megaproject                        <\/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 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<\/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\/2025\/01\/19\/maaden-awards-usd-922-mn-in-contracts-for-fertilizers-megaproject\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1058.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"93496\" data-permalink=\"https:\/\/enterpriseam.com\/ksa\/2025\/01\/19\/maaden-awards-usd-922-mn-in-contracts-for-fertilizers-megaproject\/1058-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1058.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1058.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1058.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1058.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-93495\" class=\"content-area-description single-story post-93495 post type-post status-publish format-standard has-post-thumbnail hentry category-manufacturing tag-enterpriseam-ksa tag-maaden tag-manufacturing tag-mining wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/1\/.1515edbc-a317-43e4-955b-f6f51585821b.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Saudi Arabian Mining (Ma'aden) signed three construction agreements <\/strong><strong>worth over USD 922 mn<\/strong> for its third phosphate fertilizers project in Wa\u2019ad Al Shamal and Ras Al Khair, according to a <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/?anId=84772&anCat=1&cs=1211&locale=en\" style=\"\" rel=\"noopener\">disclosure<\/a> to Tadawul.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The agreements include:<\/strong><\/p>\n<ul>\n<li><strong>A USD 363 mn (SAR 1.4 bn) contract with China based <\/strong><strong><a target=\"_blank\" href=\"http:\/\/www.segroup.cn\/segroup\/en\/about_us\/fzgs\/snei.shtml\" style=\"\" rel=\"noopener\">Sinopec Nanjing Engineering & Construction<\/a><\/strong> for acid production units and related infrastructure at Wa\u2019ad Al Shamal;<\/li>\n<li><strong>A USD 234 mn (SAR 877 mn) agreement with Turkey\u2019s <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.tekfeninsaat.com.tr\/\" style=\"\" rel=\"noopener\">Tekfen Construction<\/a><\/strong> for construction of a beneficiation plant at Wa\u2019ad Al Shamal;<\/li>\n<li><strong>A USD 325 mn (SAR 1.2 bn) contract with the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.cncec.com.cn\/index\/sy\" style=\"\" rel=\"noopener\">China National Chemical Engineering Company<\/a><\/strong> for general construction works at the Ras Al Khair facility.<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>On the project: <\/strong>Ma'aden announced its third project for manufacturing phosphate fertilizers <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/?anId=44678&anCat=1&cs=1211&locale=en\" style=\"\" rel=\"noopener\">back in 2016<\/a>, estimating the project\u2019s total cost at SAR 24 bn. The complex is <a target=\"_blank\" href=\"https:\/\/www.maaden.com.sa\/en\/news\/details\/573\" style=\"\" rel=\"noopener\">set to increase<\/a> the company\u2019s annual production capacity by 50% to 9 mn tonnes.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI- <\/strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/e8dd61d3-d711-48fb-b572-06c2a8d91e97\" style=\"\" rel=\"noopener\">In December<\/a>, the PIF-backed company acquired Mosaic Phosphates BV\u2019s full 25% stake in the Ma\u2019aden Wa\u2019ad Al Shamal Phosphate Company joint venture, raising Ma\u2019aden\u2019s ownership in the JV to 85%.<\/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\">ALSO FROM MA\u2019ADEN-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Ma'aden is mulling an international bond issuance to fund a USD 12 bn investment <\/strong><strong>program <\/strong>set to run until 2030, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-01-16\/saudi-arabia-s-biggest-miner-maaden-considers-bond-sale-to-fund-expansion\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports citing an interview with CEO Bob Wilt. \u201cWe are going to spend on average USD 2.5 bn a year over the next five years in growing our phosphates business, our aluminum business, and our gold and base metals business,\u201d Wilt said. No details were provided on the potential size or timeline of the issuance.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Where we stand: <\/strong>The company is already in discussions with banks, and will decide on the financing later this year, the newswire reports.<\/p>\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\/maaden\/\">Ma\u2019aden<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/manufacturing\/\">manufacturing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/mining\/\">mining<\/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=\"93497\" 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=\"93497\">\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\">REGULATION WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/ksa\/2025\/01\/19\/fresh-regulations-for-customs-clearance-procedures\/\">\r\n                            Fresh regulations for customs clearance procedures                        <\/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\/2025\/01\/19\/fresh-regulations-for-customs-clearance-procedures\/\" 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\/2025\/01\/19\/fresh-regulations-for-customs-clearance-procedures\/')\">\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\/2025\/01\/19\/fresh-regulations-for-customs-clearance-procedures\/\">\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=Fresh regulations for customs clearance procedures&url=https:\/\/enterpriseam.com\/ksa\/2025\/01\/19\/fresh-regulations-for-customs-clearance-procedures\/\">\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\/2025\/01\/19\/fresh-regulations-for-customs-clearance-procedures\/&title=Fresh regulations for customs clearance procedures\">\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=Fresh+regulations+for+customs+clearance+procedures+https%3A%2F%2Fenterpriseam.com%2Fksa%2F2025%2F01%2F19%2Ffresh-regulations-for-customs-clearance-procedures%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\/2025\/01\/19\/fresh-regulations-for-customs-clearance-procedures\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/1984.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"93498\" data-permalink=\"https:\/\/enterpriseam.com\/ksa\/2025\/01\/19\/fresh-regulations-for-customs-clearance-procedures\/1984-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/1984.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1984.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/1984.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/1984.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-93497\" class=\"content-area-description single-story post-93497 post type-post status-publish format-standard has-post-thumbnail hentry category-regulation-watch tag-customs tag-enterpriseam-ksa tag-maritime tag-regulation-watch tag-trade tag-zakat-tax-and-customs-authority-zatca wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/1\/.821bcd88-5268-49a8-815e-cae4e5b2b3f7.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>The Zakat, Tax, and Customs Authority introduced new <\/strong><strong><a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/1\/1160.pdf\" style=\"\" rel=\"noopener\">regulations (pdf)<\/a><\/strong><strong> for data <\/strong><strong>pre-submission of goods arriving via sea customs ports<\/strong>, aiming to streamline the customs clearance process, incorporating both pre-clearance and post-arrival clearance across maritime ports. The rules are up for public consultation on <a target=\"_blank\" href=\"https:\/\/istitlaa.ncc.gov.sa\/ar\/Finance\/GAZT\/zatcaracirthcs\/Pages\/default.aspx\" style=\"\" rel=\"noopener\">Istitlaa<\/a> until 2 February, and are set to take effect 30 days after their publication in the Official Gazette.<\/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 YOU NEED TO KNOW-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Shipping agent and importer responsibilities: <\/strong>Shipping agents must submit shipping manifests and goods data at least 24-72 hours before the ship\u2019s arrival, depending on the port's distance. Importers must also submit customs declarations, including detailed information about the goods, and attach required documents.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A streamlined process: <\/strong>The new rules introduce pre-clearance procedures which involve fulfilling all necessary import restrictions and paying customs duties, taxes, and other fees either before or after the goods arrive at customs, ensuring that all legal and regulatory requirements are met in advance. Once the goods arrive at the customs department, post-arrival clearance allows for their automatic release, provided compliance with the pre-submitted data and verification of import restrictions.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Non-compliance and penalties: <\/strong>Non-compliance may result in fines ranging from SAR 500 to SAR 1k with certain exceptions. <\/p>\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\/customs\/\">customs<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/maritime\/\">MARITIME<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/regulation-watch\/\">REGULATION WATCH<\/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                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/zakat-tax-and-customs-authority-zatca\/\">Zakat Tax and Customs Authority (ZATCA)<\/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=\"93499\" 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=\"93499\">\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\">MOVES<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/ksa\/2025\/01\/19\/mepco-appoints-new-ceo\/\">\r\n                            MEPCO appoints new CEO                        <\/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\/2025\/01\/19\/mepco-appoints-new-ceo\/\" 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\/2025\/01\/19\/mepco-appoints-new-ceo\/')\">\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\/2025\/01\/19\/mepco-appoints-new-ceo\/\">\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=MEPCO appoints new CEO&url=https:\/\/enterpriseam.com\/ksa\/2025\/01\/19\/mepco-appoints-new-ceo\/\">\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\/2025\/01\/19\/mepco-appoints-new-ceo\/&title=MEPCO appoints new CEO\">\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=MEPCO+appoints+new+CEO+https%3A%2F%2Fenterpriseam.com%2Fksa%2F2025%2F01%2F19%2Fmepco-appoints-new-ceo%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\/2025\/01\/19\/mepco-appoints-new-ceo\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1181.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"93500\" data-permalink=\"https:\/\/enterpriseam.com\/ksa\/2025\/01\/19\/mepco-appoints-new-ceo\/1181-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1181.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1181.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1181.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1181.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-93499\" class=\"content-area-description single-story post-93499 post type-post status-publish format-standard has-post-thumbnail hentry category-moves tag-enterpriseam-ksa tag-middle-east-paper-company-mepc tag-moves wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/1\/.929c2cf0-509b-429a-85f7-27461b86e322.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a target=\"_blank\" href=\"https:\/\/www.mepco.biz\/Website\/En\/\" style=\"\" rel=\"noopener\">Middle East Paper Company (MEPCO)<\/a><\/strong> appointed <strong>Faisal Alawi Haddawi <\/strong>(<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/haddawi\/?originalSubdomain=sa\" style=\"\" rel=\"noopener\">LinkedIn<\/a>) as its new <strong>CEO<\/strong>, replacing Rob Jan Renders (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/rob-jan-renders-2007b628\/?originalSubdomain=be\" style=\"\" rel=\"noopener\">LinkedIn<\/a>), according to a <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/?anId=84769&anCat=1&cs=1202&locale=en\" style=\"\" rel=\"noopener\">disclosure to Tadawul<\/a>. Haddawi brings some 15 years of experience in C-suite positions in companies including Abdullah Abdulaziz AlRajhi & Sons Holding and Al Rajhi Industrial Group. <\/p>\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\/middle-east-paper-company-mepc\/\">Middle East Paper Company (MEPC)<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/moves\/\">MOVES<\/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=\"93501\" 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=\"93501\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">SAUDI IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/ksa\/2025\/01\/19\/ipos-in-saudi-arabia-outperformed-regional-peers-in-2024\/\">\r\n                            IPOs in Saudi Arabia outperformed regional peers in 2024                        <\/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\/2025\/01\/19\/ipos-in-saudi-arabia-outperformed-regional-peers-in-2024\/\" 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\/2025\/01\/19\/ipos-in-saudi-arabia-outperformed-regional-peers-in-2024\/')\">\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\/2025\/01\/19\/ipos-in-saudi-arabia-outperformed-regional-peers-in-2024\/\">\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=IPOs in Saudi Arabia outperformed regional peers in 2024&url=https:\/\/enterpriseam.com\/ksa\/2025\/01\/19\/ipos-in-saudi-arabia-outperformed-regional-peers-in-2024\/\">\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\/2025\/01\/19\/ipos-in-saudi-arabia-outperformed-regional-peers-in-2024\/&title=IPOs in Saudi Arabia outperformed regional peers in 2024\">\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=IPOs+in+Saudi+Arabia+outperformed+regional+peers+in+2024+https%3A%2F%2Fenterpriseam.com%2Fksa%2F2025%2F01%2F19%2Fipos-in-saudi-arabia-outperformed-regional-peers-in-2024%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\/2025\/01\/19\/ipos-in-saudi-arabia-outperformed-regional-peers-in-2024\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1196.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"93502\" data-permalink=\"https:\/\/enterpriseam.com\/ksa\/2025\/01\/19\/ipos-in-saudi-arabia-outperformed-regional-peers-in-2024\/1196-jpg-24\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1196.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1196.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1196.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1196.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-93501\" class=\"content-area-description single-story post-93501 post type-post status-publish format-standard has-post-thumbnail hentry category-saudi-in-the-news tag-enterpriseam-ksa tag-ipo tag-saudi-in-the-news tag-tadawul wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/1\/.f0db5b79-ab95-4b5f-b50d-5c8d771514cf.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saudi\u2019s IPO market has been a \u201cstar performer\u201d in the region<\/strong>, with a strong lineup of new listings on the Tadawul in 2024 rising on their debuts and broadly remaining above their offer price, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-01-16\/saudi-listings-grab-the-spotlight-in-gulf-s-ipo-boom\" style=\"\" rel=\"noopener\">Bloomberg<\/a> says. The positive performance of recent IPOs in the Kingdom compares to recent disappointing debuts in other markets, including <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/2c446c1d-1831-4124-a0f9-dc6291fcfa36\/talabat-shares-fall-after-strong-ipo\" style=\"\" rel=\"noopener\">Talabat Holding<\/a> and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/86ce4520-03d3-4a1d-b3f3-270e701290d0\/largest-ipo-of-2024-flat-on-adx-debut\" style=\"\" rel=\"noopener\">Lulu Retail<\/a> in Dubai, as well as <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/ed72a943-b589-4695-affa-cbe541378ea4\/\" style=\"\" rel=\"noopener\">OQ Base Industries<\/a> in Oman. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Outperforming regional peers, despite a handful of weaker debuts:<\/strong> \u201cWhile not all Saudi listings have done well over the past 12 months \u2014 including three flour millers and a real estate investment trust which are still below offer price \u2014 stocks that went public in the kingdom have seen more first-day pops and better after-market performance than in any other Gulf bourse,\u201d Bloomberg says, citing its own data. <\/p>\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\/ipo\/\">IPO<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/saudi-in-the-news\/\">SAUDI IN THE NEWS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/tadawul\/\">Tadawul<\/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=\"93503\" 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=\"93503\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">ALSO ON OUR RADAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/ksa\/2025\/01\/19\/al-akaria-taps-bank-al-jazira-for-sar-700-mn-sharia-compliant-financing\/\">\r\n                            Al Akaria taps Bank Al Jazira for SAR 700 mn sharia-compliant financing                        <\/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\/2025\/01\/19\/al-akaria-taps-bank-al-jazira-for-sar-700-mn-sharia-compliant-financing\/\" 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\/2025\/01\/19\/al-akaria-taps-bank-al-jazira-for-sar-700-mn-sharia-compliant-financing\/')\">\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\/2025\/01\/19\/al-akaria-taps-bank-al-jazira-for-sar-700-mn-sharia-compliant-financing\/\">\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=Al Akaria taps Bank Al Jazira for SAR 700 mn sharia-compliant financing&url=https:\/\/enterpriseam.com\/ksa\/2025\/01\/19\/al-akaria-taps-bank-al-jazira-for-sar-700-mn-sharia-compliant-financing\/\">\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\/2025\/01\/19\/al-akaria-taps-bank-al-jazira-for-sar-700-mn-sharia-compliant-financing\/&title=Al Akaria taps Bank Al Jazira for SAR 700 mn sharia-compliant financing\">\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=Al+Akaria+taps+Bank+Al+Jazira+for+SAR+700+mn+sharia-compliant+financing+https%3A%2F%2Fenterpriseam.com%2Fksa%2F2025%2F01%2F19%2Fal-akaria-taps-bank-al-jazira-for-sar-700-mn-sharia-compliant-financing%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\/2025\/01\/19\/al-akaria-taps-bank-al-jazira-for-sar-700-mn-sharia-compliant-financing\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1187.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"93504\" data-permalink=\"https:\/\/enterpriseam.com\/ksa\/2025\/01\/19\/al-akaria-taps-bank-al-jazira-for-sar-700-mn-sharia-compliant-financing\/1187-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1187.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1187.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1187.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1187.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-93503\" class=\"content-area-description single-story post-93503 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-enterpriseam-ksa tag-saudi-real-estate-al-akaria wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/1\/.418650f3-bb59-4d40-8943-9a1b5336f3d8.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">DEBT WATCH-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.al-akaria.com\/en\/\" style=\"\" rel=\"noopener\">Saudi Real Estate Company (Al Akaria)<\/a><\/strong><strong> lined up a total of SAR 700 mn in <\/strong><strong>shariah-compliant loans with Bank Al Jazira<\/strong>, including a one-year facility and a long-term facility of up to 10 years, it said in a <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/?anId=84762&anCat=1&cs=4020&locale=en\" style=\"\" rel=\"noopener\">disclosure to Tadawul<\/a>. No details were provided on the size of each facility. The funding will be used to back the company\u2019s ongoing and future projects, with up to SAR 100 mn earmarked for the company\u2019s working capital needs.<\/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\">FINANCIAL SERVICES-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/company\/namafinancing\/about\/\" style=\"\" rel=\"noopener\">Nama United Financing Company<\/a><\/strong><strong> received the green light from the Saudi Central Bank <\/strong><strong>(Sama) <\/strong>to launch its financing activities, including mortgage, production assets, SME, and consumer finance, as well as finance lease, according to a <a target=\"_blank\" href=\"https:\/\/www.sama.gov.sa\/en-us\/news\/pages\/news-1070.aspx\" style=\"\" rel=\"noopener\">statement<\/a> from Sama. This brings the number of Sama-licensed finance companies to 64.<\/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\">HEALTHCARE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Riyadh-based King Faisal Specialist Hospital and Research Center performed the world\u2019s <\/strong><strong>first artificial heart pump implant surgery assisted by a robot<\/strong>, according to <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/saudi-hospital-performs-the-worlds-1st-artificial-heart-implantation-by-a-robot-yewo548c\" style=\"\" rel=\"noopener\">a press release<\/a>. The surgery was led by Dr. Feras Khaliel, head of cardiac surgery and director of the Robotics and Minimally Invasive Surgery Program at the hospital. The implanted pump was a <a target=\"_blank\" href=\"https:\/\/www.cardiovascular.abbott\/us\/en\/hcp\/products\/heart-failure\/left-ventricular-assist-devices\/heartmate-3\/about.html\" style=\"\" rel=\"noopener\">HeartMate 3<\/a> developed by US healthcare giant Abbott.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> Dr. Khaliel led the world\u2019s first robotic transplant at King Faisal Specialist Hospital <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/14ae0fd7-cac7-4d45-9940-b25f91c27d5d\/\" style=\"\" rel=\"noopener\">last September<\/a>, with the use of robotic techniques in the three-hour surgery minimizing surgical intervention, reducing pain, and shortening recovery time. <\/p>\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\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/saudi-real-estate-al-akaria\/\">Saudi Real Estate (Al Akaria)<\/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=\"93505\" 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=\"93505\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/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\/2025\/01\/19\/us-core-inflation-undershoots-forecasts-raises-early-rate-cut-speculations\/\">\r\n                            US core inflation undershoots forecasts, raises early rate cut speculations                        <\/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\/2025\/01\/19\/us-core-inflation-undershoots-forecasts-raises-early-rate-cut-speculations\/\" 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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Forecasts had predicted a fifth consecutive 0.3% rise.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Fed needs more proof to speed up cuts:<\/strong> This development will not merit a rate cut in the next Federal Reserve meeting <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/9e6bcee5-3413-4cb3-b8b7-ed433c28cbfd\/%253cmark%253efed%253c%2Fmark%253e-cuts-rates-by-another-25-bps,-signals-slower-easing-cycle-next-year\" style=\"\" rel=\"noopener\">later this month<\/a>, but if next month turns up with another \u201csoft CPI print\u201d and a \"weakening in payrolls\u201d then a March rate cut is plausible, chief global strategist at Principal Asset Management Seema Shah tells <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-01-15\/us-core-cpi-eases-to-0-2-after-months-of-firm-inflation?srnd=phx-markets\" style=\"\" rel=\"noopener\">Bloomberg<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Still, all options are on the table:<\/strong> The current pricing patterns and future predictions indicate a 50-50 chance of two rate cuts throughout 2025 by 25 bps, with markets expecting the next cut to take place in May or June, <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2025\/01\/15\/cpi-inflation-december-2024-.html\" style=\"\" rel=\"noopener\">CNBC<\/a> reports.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Growth levels of jobs and wages support a longer hold on cuts<\/strong>, as the US economy added 256k jobs in December, according to data from the <a target=\"_blank\" href=\"https:\/\/www.bls.gov\/news.release\/empsit.nr0.htm\" style=\"\" rel=\"noopener\">Bureau of Labor Statistics<\/a>. The unemployment rate declined to 4.1%, one-tenth of a point below expectations, <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2025\/01\/10\/jobs-report-december-2024.html\" style=\"\" rel=\"noopener\">CNBC<\/a> reports. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Trump\u2019s policies might pressure inflation:<\/strong> Some economists predict that Donald Trump\u2019s tariffs will put extra pressure on inflation after his inauguration next week. Trump <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/ea1e7aea-ce90-498b-a6f2-ba13a621912e\/us-trade-policies-remain-uncertain-as-trump-denies-mulling-scaled-back%253cmark%253e-tariffs%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">vowed to impose<\/a> a 60% tariff on Chinese goods, followed by an additional 10%, as well as a 10% tariff on imports from other countries, denying any intentions to water down the rates.<\/p>\n<div class='stock-ticker-panel'>\n<table class='table stock-ticker-table markets-table'>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>TASI<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">12,256<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.4% (YTD: +1.8%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>MSCI Tadawul 30<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">1,536<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.6% (YTD: +1.7%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>NomuC<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">31,499<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.6% (YTD: +0.07%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-none'>\n<td class='td-list-none'>\n<p><svg class='e-icon e-TypeMarkets'><use xlink:href='#e-TypeMarkets'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>USD : SAR (SAMA)<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 3.75 Sell<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\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'>\n<p><svg class='e-icon e-TypeMarkets'><use xlink:href='#e-TypeMarkets'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Interest rates<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">5.0% repo <\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">4.5% reverse repo<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>EGX30<\/strong> <\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">29,605<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.7% (YTD: -0.5%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>ADX<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">9499<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.1% (YTD: +0.9%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>DFM<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">5212<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.5% (YTD: +1.0%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>S&P 500 <\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">5997<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+1.0% (YTD: +2.0%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>FTSE 100 <\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">8505<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+1.4% (YTD: +4.1%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Euro Stoxx 50<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">5148<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.8% (YTD: +5.2%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Brent crude<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 80.79<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.6%<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Natural gas (Nymex)<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 3.95<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-7.3%<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Gold<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 2748.70<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.2%<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>BTC<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 103,889.80<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.7% (YTD: +11.0%)<\/p>\n<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\"> THE CLOSING BELL: TADAWUL-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The TASI <\/strong>rose 0.4% <strong>yesterday <\/strong>on turnover of SAR 6.1 bn. The index is up 1.8% YTD.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the green:<\/strong> Burgerizzr (+5.3%), Fourth Milling (+4.5%) and SPM (+3.4%).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the red: <\/strong>Riyadh Cables (-2.9%), NCLE (-2.7%) and Buruj (-2.6%).<\/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\">THE CLOSING BELL: NOMU-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The NomuC<\/strong> rose 0.6% <strong>yesterday <\/strong>on turnover of SAR 42.5 mn. The index is up 0.07% YTD.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the green:<\/strong> First Avenue (+9.3%), Osool and Bakheet (+9.2%) and AlMohafaza for Education (+6.8%).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the red:<\/strong> Alqemam (-6.3%), WSM (-6.1%) and Academy of Learning (-3.8%).<\/p>\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\/financial-markets\/\">Financial markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/inflation\/\">Inflation<\/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                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/us-federal-reserve\/\">US Federal Reserve<\/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=\"93507\" 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\/2025\/01\/19\/93507\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-93507\" class=\"content-area-description single-story post-93507 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\">JANUARY <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>21 January (Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/datacenternation.com\/dcn-riyadh-2025\/\" style=\"\">Data Center Nation<\/a><\/span><span style=\"font-weight:400;\">, Mandarin Oriental Al Fasisaliah, Riyadh. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>21-23 January (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/handlingexpo-ksa.com\/\" style=\"\">The International Exhibition for Material Handling, Equipment, Warehouse Supplies, Forklifts & Heavy Equipment<\/a><\/span><span style=\"font-weight:400;\">, Riyadh International Exhibition Center. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>21-23 January (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/sidmc-sa.com\/\" style=\"\">Saudi International Exhibition for E-Marketing and E-Commerce<\/a><\/span><span style=\"font-weight:400;\">, Riyadh International Convention and Exhibition Center. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>24-25 January (Friday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.e1series.com\/news\/144_E1-to-make-spectacular-return--to-Saudi-Arabia-as-it-opens-second-season-in-Jeddah\" style=\"\">UIM E1 World Championship Jeddah<\/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>25 January (Saturday): The opening of the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/biennale.org.sa\/en\/the-2025-islamic-arts-biennale-presents-title-and-theme-and-announces-participation-of-over-30-global-institutions-and-more-than-20-artists\" style=\"\">2025 Islamic Arts Biennale<\/a><\/span><span style=\"font-weight:400;\">, Western Hajj Terminal of King Abdulaziz International Airport, Jeddah<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>27-29 January (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/therff.com\/new\/index_en.php\" style=\"\">Real Estate Future Forum<\/a><\/span><span style=\"font-weight:400;\">, Four Seasons Hotel, Riyadh. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>27-29 January (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.saudifranchiseexpo.com\/\" style=\"\">Saudi Franchise Expo<\/a><\/span><span style=\"font-weight:400;\">, Riyadh International Convention and 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:400;\">28-29 January (Tuesday-Wednesday): Federal Open Market Committee meeting.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>28-29 January (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/sustainmideast.com\/\" style=\"\">Sustainability Forum Middle East<\/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>29-30 January (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/x.com\/Global_LMC?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor\" style=\"\">Global Labor Market Conference<\/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:400;\">31 January (Friday): Deadline for businesses to update their registered customs items.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>1Q: BinDawood Holding expected to close <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.argaam.com\/en\/article\/articledetail\/id\/1765279\" style=\"\">100% acquisition<\/a><\/span><span style=\"font-weight:400;\"> of Zahrat Al Rawdah Pharma  <\/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;\">1Q: Roshn expected to raise SAR 2.6 bn from international bank<\/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;\">FEBRUARY <\/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;\">1 February (Saturday): UFC Fight Night: Adesanya vs Imavov, The Venue, 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;\">2 February (Sunday): Flyadeal launches direct flights to Karachi, Pakistan, departing from Riyadh and Jeddah twice a week.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>3-5 February (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/en.simec-expo.com\/\" style=\"\">Saudi International Marine Exhibition (SIMEC)<\/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>4-5 February (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.prnewswire.com\/news-releases\/rlc-global-forum-debuts-in-riyadh-shaping-the-future-of-global-retail-302264227.html\" style=\"\">The RLC Global Forum<\/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:400;\">4-5 February (Tuesday-Wednesday): Capital Markets & ESG Finance, Hilton Riyadh Hotel & Residences. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>6 February (Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/x.com\/RERSaudi\/status\/1853003668976538016\" style=\"\">Property registration deadline<\/a><\/span><span style=\"font-weight:400;\"> for owners in several districts of seven Qassim cities.<\/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;\">6-8 February (Thursday-Saturday): LIV Golf season opener, Riyadh Golf Club, Riyadh. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>8 February (Saturday): Sotheby\u2019s <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.sothebys.com\/en\/buy\/auction\/2025\/origins?locale=en&cmp=msotw\" style=\"\">first auction<\/a><\/span><span style=\"font-weight:400;\"> in the Kingdom, Diriyah. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>9-12 February (Sunday-Wednesday): <\/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 style=\"font-weight:400;\">, Malham, Riyadh. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>9-12 February (Sunday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/deepfest.com\/?utm_source=google&utm_medium=paid&utm_content=delprom&utm_campaign=deepfest25&gad_source=1&gclid=CjwKCAiA34S7BhAtEiwACZzv4WynydAnL6UGiUkIxyl-k8I5UfyRJ12EttbjhQClkPb-Ma1p8VcQvRoCPn4QAvD_BwE\" style=\"\">DeepFest<\/a><\/span><span style=\"font-weight:400;\"> by Leap, Riyadh. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>10-12 February (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.stmksa.com\/\" style=\"\">Saudi Travel Market<\/a><\/span><span style=\"font-weight:400;\">, Riyadh International 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:400;\">10-13 February (Monday-Thursday): Leap 2025, the Kingdom\u2019s premier tech investment conference.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>14-15 February (Friday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.fiaformulae.com\/en\/news\/501062\" style=\"\">Formula E<\/a><\/span><span style=\"font-weight:400;\">, Diriyah.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>15-18 February (Saturday-Tuesday): Week one of <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.big5constructsaudi.com\/\" style=\"\">Big 5 Construct Saudi<\/a><\/span><span style=\"font-weight:400;\">, Riyadh Front Exhibition & Conference Center. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>16-17 February (Sunday-Monday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.imf.org\/en\/News\/Articles\/2024\/11\/13\/pr24418-saudi-arabia-imf-hold-high-level-annual-conference-emerging-markets\" style=\"\">AlUla Conference for Emerging Market Economies<\/a><\/span><span style=\"font-weight:400;\">, AlUla.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>18 February (Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/global-cmf.com\/riyadh2025\/\" style=\"\">The Capital Markets Forum<\/a><\/span><span style=\"font-weight:400;\">, KAFD Conference Centre, Riyadh.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>19-20 February (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/global-cmf.com\/riyadh2025\/\" style=\"\">The Capital Markets Forum<\/a><\/span><span style=\"font-weight:400;\">, The Four Seasons, Riyadh.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>19 February (Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/?anId=83735&anCat=1&cs=4339&locale=en\" style=\"\">Derayah REIT dividend distribution<\/a><\/span><span style=\"font-weight:400;\">.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>19-21 February (Wednesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/saudimf.sa\/en\" style=\"\">Saudi Media Forum<\/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>21-22 February (Friday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/jcsa.sa\/en\/saudi-cup\/\" style=\"\">The Saudi 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:400;\">22 February (Saturday): Founding Day.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>22 February (Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.boxingnews24.com\/2024\/12\/bivol-vs-beterbiev-ii-fear-or-fight\/\" style=\"\">Dazn Boxing event: Beterbiev vs Bivol II<\/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>23-27 February (Sunday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ridw.org\/\" style=\"\">Riyadh International Disputes Week<\/a><\/span><span style=\"font-weight:400;\">, Hilton Riyadh Hotel Granada. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>24-25 February (Monday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/rihf.ksrelief.org\/\" style=\"\">The Riyadh International Humanitarian Forum<\/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>24-27 February (Monday-Thursday): Week two of <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.big5constructsaudi.com\/\" style=\"\">Big 5 Construct Saudi<\/a><\/span><span style=\"font-weight:400;\">, Riyadh Front Exhibition & 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:700;\">MARCH <\/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;\">1-30 March: Ramadan (TBC).<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>18-19 March (Tuesday-Wednesday): Federal Open Market Committee meeting and Summary of Economic Projections.<\/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;\">31 March- 3 April (Monday-Thursday): Eid Al Fitr.<\/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>7-9 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 (SIF)<\/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>3-20 April (Thursday-Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.the-afc.com\/en\/national\/afc_u17_asian_cup\/news\/afcu17_qualifiers_set_to_ignite_road_to_saudi_arabia_2025.html\" style=\"\">AFC Asian U17 Cup<\/a><\/span><span style=\"font-weight:400;\">.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>14-16 April (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.futurehospitality.com\/\" style=\"\">Future Hospitality Summit<\/a><\/span><span style=\"font-weight:400;\">, Mandarin Oriental Al Faisaliah, Riyadh. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>18-20 April (Friday-Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/f1experiences.com\/2025-saudi-arabian-grand-prix\" style=\"\">Saudi Arabian Grand Prix<\/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>21-24 April (Monday-Thursday): <\/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.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>22-23 April (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.eventbrite.co.uk\/e\/aam-middle-east-riyadh-conference-2025-tickets-1110177433589?aff=oddtdtcreator\" style=\"\">AAM Middle East<\/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:400;\">25 April- 4 May (Friday-Sunday): AFC Champions League Elite Finals <\/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 style=\"font-weight:400;\">6-7 May (Tuesday-Wednesday): Federal Open Market Committee meeting.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>12-15 May (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/saudi-smartmanufacturing.com\/\" style=\"\">Saudi Smart Manufacturing<\/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>13-14 May (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/gemtechforum.com\/\" style=\"\">Global EV & Mobility Technology Forum<\/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 style=\"font-weight:400;\">23 May (Friday): Guns N\u2019 Roses Show, 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;\">31 May-5 June (Saturday-Thursday): Hajj.<\/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 style=\"font-weight:400;\">6-9 June ( Friday-Monday): Eid Al Adha.<\/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;\">17-18 June (Tuesday-Wednesday): US Federal Reserve\u2019s Federal Open Market Committee meeting.<\/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;\">26 June (Thursday): 2024-2025 academic year ends.<\/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 style=\"font-weight:400;\">31 July (Thursday): Deadline for companies with SAR 2.5 mn or more in 2022\/2023 revenues to integrate e-invoicing solutions with Fatoora. <\/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;\">29-30 July (Tuesday-Wednesday): Federal Open Market Committee meeting.<\/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>5-17 August (Tuesday-Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.fiba.basketball\/en\/events\/fiba-asiacup-2025-qualifiers\" style=\"\">Fiba Asian Cup<\/a><\/span><span style=\"font-weight:400;\">.<\/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 (Sunday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/money2020middleeast.com\/\" style=\"\">Money 20\/20 Middle East<\/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>17-18 September (Tuesday-Wednesday): Federal Open Market Committee meeting and Summary of Economic Projections. <\/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 (Tuesday): 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>28-29 October (Tuesday-Wednesday): Federal Open Market Committee meeting.<\/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>3-9 November (Monday- Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wtatennis.com\/tournament\/808\/wta-finals\/2025\/overview\" style=\"\">WTA Tour Finals<\/a><\/span><span style=\"font-weight:400;\">. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>24-26 November (Monday-Wednesday) <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wamsaudi.com\/\" style=\"\">The World Advanced Manufacturing & Logistics Saudi Expo<\/a><\/span><span style=\"font-weight:400;\">, Riyadh Front Convention & Exhibition Centre, 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;\">27-30 November (Thursday-Sunday): The World Rally Championship (WRC), Jeddah.<\/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;\">DECEMBER <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>1-4 December (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.iaea.org\/events\/epr2025\" style=\"\">International Conference on Nuclear Emergencies<\/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>December: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/fortune.com\/2024\/11\/15\/fortune-global-forum-2025-riyadh-saudi-arabia\/\" style=\"\">The Fortune Global Forum 2025<\/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:400;\">9-10 December (Tuesday-Wednesday): Federal Open Market Committee meeting and Summary of Economic Projections. <\/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;\">2026<\/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\">UN Trade and Development Global Supply Chain Forum <\/span><span style=\"font-weight:400;\">to take place in Saudi Arabia.<\/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;\">26-29 October (Monday-Thursday): World Energy Congress, 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\">2027<\/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\">The World Water Forum <\/span><span style=\"font-weight:400;\">takes place in 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\">The Ocean Race<\/span><span style=\"font-weight:400;\"> finishes in Amaala on the Red Sea.<\/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\">Riyadh-Kudmi transmission line<\/span><span> to be completed.<\/span><\/p>\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","protected":false},"excerpt":{"rendered":"<p>FMF wraps with SAR 107 bn in agreements | Ma\u2019aden inks USD 922 mn agreements for fertilizers megaproject | Riyadh Air delays launch to 3Q 2025<\/p>\n","protected":false},"featured_media":93486,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-93485","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"7538b991-6573-4881-b0c6-11443413198e","teaser":"FMF wraps with SAR 107 bn in agreements | Ma\u2019aden inks USD 922 mn agreements for fertilizers megaproject | Riyadh Air delays launch to 3Q 2025","photo_url":"https:\/\/ent.news\/2024\/1\/2612.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Real GDP growth projections slashed to 3.2% in 2025 -IMF - KSA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/ksa\/issues\/real-gdp-growth-projections-slashed-to-3-2-in-2025-imf\/\" \/>\n<meta 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