{"id":95721,"date":"2025-04-06T00:00:00","date_gmt":"2025-04-06T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/?post_type=issue&#038;p=95721"},"modified":"2025-12-14T20:39:50","modified_gmt":"2025-12-14T20:39:50","slug":"non-oil-exports-up-13-1-in-january-us-imposes-10-tariffs-on-our-exports","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/ksa\/issues\/non-oil-exports-up-13-1-in-january-us-imposes-10-tariffs-on-our-exports\/","title":{"rendered":"Non-oil exports up 13.1% in January + US imposes 10% tariffs on our exports"},"content":{"rendered":"<section id=\"95723\" 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=\"95723\">\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\/04\/06\/flynas-cleared-for-ipo-trump-to-visit-the-kingdom-in-may\/\">\r\n                            THIS MORNING: Flynas cleared for IPO + Trump to visit the Kingdom in May?                        <\/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\/04\/06\/flynas-cleared-for-ipo-trump-to-visit-the-kingdom-in-may\/\" 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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We\u2019re back in your inbox after a long hiatus that we hope you enjoyed with family and friends. It was very eventful, too: Trump\u2019s \u201cliberation day\u201d saw tariffs imposed on all imports (including ours), and OPEC+ unexpectedly raised oil production more than three times originally planned.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In this morning\u2019s news well, <\/strong>we delve into latest trade figures from Gastat, and sweeping real estate reforms that aim at opening up the sector for more private investments. We also have a flurry of last-minute 2024 earnings. Let\u2019s dive in.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WEATHER-<\/strong> Riyadh is cloudy, while Makkah is expected to experience rain, and Madinah will see thunderstorms.<\/p>\n<ul>\n<li>Riyadh: 37\u00b0C daytime \/ 24\u00b0C overnight<\/li>\n<li>Makkah: 39\u00b0C daytime \/ 27\u00b0C overnight<\/li>\n<li>Madinah: 38\u00b0C daytime \/ 27\u00b0C overnight<\/li>\n<\/ul>\n<p class=\"tag-border-left\">HAPPENING TOMORROW-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The EFG Hermes One on One kicks off tomorrow morning in Dubai. <\/strong>More than 200 companies from 29 countries attended last year\u2019s iteration, meeting with 670 fund and portfolio managers from 250 global institutions. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It\u2019s difficult to imagine a more opportune time for an EM-focused equities conference <\/strong><strong>given the turmoil roiling markets<\/strong> as US President Donald Trump sets out to shake the foundations of the post-Second World War economic order. The gathering runs through Thursday. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egypt\u2019s Finance Minister Ahmed Kouchouk and CBE Deputy Governor Rami Aboulnaga are on <\/strong><strong>stage tomorrow morning<\/strong> for the headline panel, followed by a UAE-focused panel discussion and the gathering\u2019s customary EFG Hermes Live Research Poll. <strong>We\u2019ll have full coverage all week long.<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Want to catch up for coffee during the One on One? <\/strong>Hit reply to this email and let\u2019s see if our schedules intersect.<\/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>Flynas <\/strong><strong>cleared for IPO: <\/strong>Budget airline Flynas received approval from the Capital Market Authority (CMA) to proceed with an IPO that will see it offer 51.26 mn shares, representing a 30% stake, according to a <a target=\"_blank\" href=\"https:\/\/cma.org.sa\/en\/Market\/News\/pages\/CMA_N_3778.aspx\" style=\"\" rel=\"noopener\">statement<\/a>. A prospectus for the offering is yet to be published.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>We\u2019ve been expecting it: <\/strong>Plans to go public this year were <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/8825b137-d657-4797-ac16-3c08930dc5d0\/%253cmark%253eflynas%253c%2Fmark%253e-ipo-to-happen-this-year%3F-%2B-pif-backed-nesma-&-partners-is-mulling-going-public\" style=\"\" rel=\"noopener\">confirmed<\/a> by the Kingdom Holding Company\u2019s CEO Prince Al Waleed Bin Talal on the sidelines of the World Economic Forum. The airline had initially planned to make its market debut <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/e299d7ad-c3f0-4533-bc3f-4dfb58ab2eb4\/\" style=\"\" rel=\"noopener\">last year<\/a>, having tapped Goldman Sachs, Morgan Stanley, and Saudi Fransi Capital for the offering in late 2023.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN CONTEXT- <\/strong>The listing would be the Gulf's third airline IPO \u2014 and the first in nearly two decades \u2014 following UAE\u2019s Air Arabia and Kuwait\u2019s Jazeera Airways.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Flynas: <\/strong>The low-budget airliner is a private equity-backed company, operating over 1.5k weekly flights, servicing 139 routes to connect 30 countries with a 61-aircraft fleet.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO-<\/strong> <strong><a target=\"_blank\" href=\"https:\/\/www.smc.com.sa\/\" style=\"\" rel=\"noopener\">Specialize<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.smc.com.sa\/\" style=\"\" rel=\"noopener\">d Medical Company<\/a><\/strong><strong> received approval from the CMA to offer a 30% <\/strong><strong>stake <\/strong><strong>on Tadawul<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/cma.org.sa\/en\/Market\/NEWS\/Pages\/CMA_N_3774.aspx\" style=\"\" rel=\"noopener\">statement<\/a>. The hospital operator must complete the offering of some 75 mn shares within six months, pending the publication of a prospectus.<\/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><a id=\"wwtt2\"><\/a> <\/strong><strong>US Presid<\/strong><strong>ent Donald Trump signaled he might be visiting Saudi Arabia as early as next <\/strong><strong>month<\/strong> during a presser at the Oval Office <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/videos\/2025-03-31\/trump-confirms-saudi-arabia-uae-qatar-visit-video\" style=\"\" rel=\"noopener\">(watch, runtime: 3:41)<\/a>. Mid-May is pegged as the potential timeframe for the trip, four sources told <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/trump-planning-visit-saudi-arabia-mid-may-axios-reports-2025-03-30\/\" style=\"\" rel=\"noopener\">Reuters<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>On the agenda:<\/strong> The visit will focus on finalizing <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/edd31d02-8412-4caf-b141-e64841bee518\/saudi-to-invest%253cmark%253e-usd%253c%2Fmark%253e-600-bn-in-the-us\" style=\"\" rel=\"noopener\">USD 1 tn<\/a> in Saudi investments in the US, discussing the Russia-Ukraine war and the Gaza conflict, and exploring an expansion of the Abraham Accords \u2014 though The Kingdom\u2019s involvement remains uncertain.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>Crown Prince Mohammed bin Salman had <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/edd31d02-8412-4caf-b141-e64841bee518\/saudi-to-invest%253cmark%253e-usd%253c%2Fmark%253e-600-bn-in-the-us\" style=\"\" rel=\"noopener\">initially pledged<\/a> an additional USD 600 bn investment package to the US over the next four years. Trump, however, had his sights set on a larger figure of USD 1 tn.<\/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><a id=\"wwtt3\"><\/a> Homegrown auto distributor Jameel Motors and China\u2019s Chongqing Changan Automobile <\/strong><strong>plan to enter the South African market later this year<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-03-31\/saudi-s-jameel-motors-and-changan-auto-plan-south-african-entry\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports, citing statements from the two companies. The Abdul Latif Jameel Group subsidiary will invest ZAR 500 mn (USD 27.2 mn) to open 50 showrooms and offer Changan\u2019s SUVs, pick-ups, sedans, and Deepal electric vehicles to Africa\u2019s largest automotive market in 4Q 2025.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saudi has growing interest in South Africa:<\/strong> Aramco is <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/b6ddea1f-f3db-4f29-a8b2-84d459407593\/aramco-eyes-shell%25e2%2580%2599s%253cmark%253e-south-africa%253c%2Fmark%253e-downstream-business\" style=\"\" rel=\"noopener\">among the bidders<\/a> for Shell\u2019s downstream assets, while Zahid Group is <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/2bd92fe7-43da-42f7-8580-e380a8dfee26\/%253cmark%253e%253c%2Fmark%253ezahid%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253egroup%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253epursues%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253enew%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253etakeover%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253etalks%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253ewith%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253esouth%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253eafrica%253cmark%253e%253c%2Fmark%253e%25e2%2580%2599%253cmark%253e%253c%2Fmark%253es%253cmark%253e%253c%2Fmark%253e%253c%253cmark%253e%253c%2Fmark%253emark%253cmark%253e%253c%2Fmark%253e%253e%253cmark%253e%253c%2Fmark%253e%253cmark%253e%253c%2Fmark%253ebarloworld%253cmark%253e%253c%2Fmark%253e%253c%2F%253cmark%253e%253c%2Fmark%253emark%253cmark%253e%253c%2Fmark%253e%253e\" style=\"\" rel=\"noopener\">negotiating<\/a> to increase its stake in Barloworld.<\/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> <a id=\"wwtt4\"><\/a> Eight OPEC+ countries agreed to raise oil production more than three times <\/strong><strong>originally planned<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.opec.org\/pr-detail\/557-03-april-2025.html\" style=\"\" rel=\"noopener\">statement<\/a> from the group. The 411k barrels per day increase fast-tracks three months\u2019 worth of phased output hikes originally set to begin in April as part of the group\u2019s plan to gradually unwind 2.2 mn bbl\/d of voluntary cuts through September 2026. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The group said the move reflects \u201chealthy market fundamentals<\/strong>\u201d and a more positive demand outlook \u2014 though it emphasized that the hikes \u201cmay be paused or reversed subject to evolving market conditions.\u201d The countries included Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The rationale?<\/strong> The decision comes after Kazakhstan continued to report record figures at the oil pump and Iraq failed to comply with production cuts, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/seeking-punish-cheaters-saudi-arabia-pushes-opec-open-oil-taps-2025-04-04\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Friday, citing three unnamed sources. During a video conference held on Thursday, Energy Minister Prince Abdulaziz bin Salman also cautioned that non-compliance with production targets will lead to further increments, calling the unexpected May rise an \u201caperitif,\u201d said another unnamed source to <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-04-03\/opec-stuns-oil-market-with-policy-switch-to-drive-down-prices\" 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>The news saw Brent continue to fall<\/strong> <strong>in the markets<\/strong>, reaching a four-year low and collapsing around 14% to reach USD 65.58 a barrel by the end of trading on Friday. Adding fuel to the fire was the US\u2019 imposition of blanket tariffs and the prospect of reciprocal tariffs from China, the EU, and other major trading partners.<\/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>PGA Tour tur<\/strong><strong>ned down a USD 1.5 bn investment by the Public Investment Fund (PIF) into <\/strong><strong>its for-profit entity PGA Tour Enterprises<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.espn.com\/golf\/story\/_\/id\/44529361\/sources-pga-tour-rejects-pif-recent-offer-invest-15b\" style=\"\" rel=\"noopener\">ESPN<\/a> reported, citing unnamed sources. The offer was reportedly made with the condition that Liv Golf \u2014 PGA Tour\u2019s PIF-backed rival league \u2014 remain intact, a stipulation the PGA Tour was unwilling to accept.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>BACKGROUND-<\/strong> PGA Commissioner and golfer Adam Scott recently asked US President Donald Trump to mediate merger talks with Liv Golf \u201cfor the good of the game,\u201d following an Oval Office meeting <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/3eb50d27-7a60-4eff-8054-7dd7fb88f068\/pif-and-partners-to-launch-a-usd-5-bn-basketball-tournament#:~:text=PGA%20Tour%20Commissioner%20Jay%20Monahan%20and%20player%20Adam%20Scott\" style=\"\" rel=\"noopener\">in February<\/a> attended by PIF Governor Yasir Al Rumayyan. \u201cHopefully, the two tours are going to merge,\u201d Trump was quoted as saying by the <a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/trump-golf-liv-tour-pga-ab77d9aafb22c33e859fd6541b417836\" style=\"\" rel=\"noopener\">Associated Press<\/a>. <\/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>The international business press is still trying to make sense of Trump\u2019s tariffs that <\/strong><strong>began to come into play over the weekend<\/strong>, with the US now collecting a 10% universal tariff on Saturday on most imports from dozens of countries, with further \u201creciprocal\u201d tariffs of up to 50% on 57 major trading partners \u2014 including a 34% levy on Chinese goods \u2014 set to kick in on Wednesday. Countries across the globe are already starting to fight back, including China, which announced a 34% tariff on all US goods starting 10 April export controls on seven rare earth minerals used in high-tech manufacturing.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Trump\u2019s tariff announcements on Wednesday triggered the worst week for global <\/strong><strong>equities since the onset of the COVID pandemic<\/strong>, leading to the S&P 500 losing 9.1% through the week \u2014 including a 6.0% fall on Friday alone \u2014 erasing USD 5.4 tn in market value and the Nasdaq down more than 20% from its December peak. Exchanges outside the US fared little better, with the UK\u2019s FTSE 100 losing 7.0% in the week and the EURO STOXX 50 down 8.2%. (<a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/b1eda0a8-6449-4fe5-b8c6-a2afebadc823\" style=\"\" rel=\"noopener\">Financial Times<\/a> | <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/us-starts-collecting-trumps-new-10-tariff-smashing-global-trade-norms-2025-04-05\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-04-05\/china-pledges-resolute-measures-to-hit-back-at-trump-tariffs\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/us-news\/2025\/apr\/05\/trump-tariffs-come-into-effect-in-seismic-shift-to-global-trade\" 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>Also ranking highly in this morning\u2019s digital front pages are protests across the US <\/strong><strong>against the sitting administration<\/strong>, with tens of thousands of demonstrators taking to the streets in all 50 states to protest Trump\u2019s cuts to federal agencies, deportation crackdown, economic tariffs, and attack on civil liberties. (<a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2025\/04\/05\/us\/politics\/anti-trump-protests-hands-off.html\" style=\"\" rel=\"noopener\">New York Times<\/a> | <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/world\/live\/2025\/apr\/05\/hands-off-protests-trump-administration\" style=\"\" rel=\"noopener\">Guardian<\/a> | <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/us\/trump-opponents-ready-take-streets-with-nationwide-protests-2025-04-05\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-04-05\/protesters-assail-trump-musk-in-hands-off-rallies-around-us?srnd=homepage-middle-east\" style=\"\" rel=\"noopener\">Bloomberg<\/a>)<\/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\/donald-trump\/\">Donald Trump<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/flynas\/\">flynas<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/golf\/\">golf<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/liv-golf\/\">Liv Golf<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/pga-tour\/\">PGA Tour<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/public-investment-fund-pif\/\">Public Investment Fund (PIF)<\/a>\n    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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\/04\/06\/non-oil-exports-up-13-1-in-january-us-imposes-10-tariffs-on-our-exports\/\">\r\n                            Non-oil exports up 13.1% in January + US imposes 10% tariffs on our exports                        <\/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 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href=\"https:\/\/enterpriseam.com\/ksa\/2025\/04\/06\/non-oil-exports-up-13-1-in-january-us-imposes-10-tariffs-on-our-exports\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1501.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"95727\" data-permalink=\"https:\/\/enterpriseam.com\/ksa\/2025\/04\/06\/non-oil-exports-up-13-1-in-january-us-imposes-10-tariffs-on-our-exports\/1501-jpg-7\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1501.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1501.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1501.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1501.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-95726\" class=\"content-area-description single-story post-95726 post type-post status-publish format-standard has-post-thumbnail hentry category-economy tag-economy tag-enterpriseam-ksa tag-non-oil-exports tag-trade 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\/4\/.f3066dec-94d6-46bd-80c5-d7703f4ed97a.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> <\/strong><strong>Saudi A<\/strong><strong>rabia\u2019s non-oil <\/strong><strong>exports <\/strong><strong>rose 13.1% y-o-y in January 202<\/strong><strong>5<\/strong>, according to the latest data from the <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/4\/26.pdf\" style=\"\" rel=\"noopener\">General Authority for Statistics (Gastat) (pdf)<\/a>. Total non-oil exports \u2014 including re-exports \u2014 were up 10.7% y-o-y, aided by a 5.7% increase in re-exports value and a 2.4% increase in merchandise exports over the same period. Meanwhile, imports increased 8.3% y-o-y in January 2025, and the surplus of the merchandise trade balance declined 11.9% y-o-y.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">(<strong>** Tap or click the headline above to read this story with all of the links<\/strong> to our background and outside sources.)<\/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\"> EXPORTS BREAKDOWN-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Non-oil exports maintained their lead across imports<\/strong>, with the ratio of non-oil exports to imports rising to 36.5% in January 2025, compared to 35.7% in the same month a year ago.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Chemical products accounted for 23.7% of non-oil exports<\/strong>, increasing 14.4% y-o-y. Plastics, rubbers, and their derivatives followed, making up 23% of non-oil exports, with a 10.5% y-o-y rise.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Machinery, electrical equipment, and parts were the most sought after by importers<\/strong>, making up 25.9% of total imports \u2014 up by 27.4% y-o-y. Transportation equipment and parts followed, accounting for 13.8% of total imports, with a 10.3% y-o-y increase.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>China remains #1 on the trade list:<\/strong> The Kingdom\u2019s merchandise exports to China made up 15.2% of our total exports in January 2025, followed by India (10.9%) and Japan (10.2%). Meanwhile, Chinese goods accounted for just over a quarter (26.4%) of total Saudi imports over the same period, followed by the US (8.3%), and the UAE (5.5%).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ON THE OIL FRONT-<\/strong> Oil\u2019s share of total exports dropped by 2.1 percentage points y-o-y to 72.7% in January 2025, as total oil exports fell 0.4% y-o-y during the same period.<\/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\">US SLAPS THE KINGDOM WITH 10% TARIFFS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The latest trade numbers come as the US imposes a 10% tariff on all the <\/strong><strong>Kingdom\u2019s exports<\/strong>, as part of sweeping protectionist measures against all imports.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Kingdom joins Arab neighbours <\/strong>such as the UAE, Egypt, Qatar, Bahrain, Morocco, Oman, Yemen, Sudan, Kuwait, and Lebanon. However, not everyone in the region was as fortunate, with Syria set to face a 41% tariff, Iraq a 39% tariff, Libya a 31% tariff, Algeria a 30% tariff, Tunisia a 28% tariff, and Jordan a 20% tariff.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It\u2019s still unclear how the tariffs will affect trade relations<\/strong>. Our trade deficit with the US increased 121.6% y-o-y to USD 443.3 mn in 2024, according to <a target=\"_blank\" href=\"https:\/\/ustr.gov\/countries-regions\/europe-middle-east\/middle-eastnorth-africa\/saudi-arabia\" style=\"\" rel=\"noopener\">the Office of the US Trade Representative<\/a>. The US exported USD 13.2 bn to the Kingdom in 2024, down 4.8% y-o-y. Meanwhile, imports (which will face the 10% tariff) reached USD 12.7 bn, a 19.9% y-o-y 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\/non-oil-exports\/\">non-oil exports<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"95728\" 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=\"95728\">\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\">REAL ESTATE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/ksa\/2025\/04\/06\/riyadh-is-getting-serious-about-real-estate-reform-and-its-starting-with-the-north\/\">\r\n                            Riyadh is getting serious about real estate reform \u2014 and it\u2019s starting with the north                        <\/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\/04\/06\/riyadh-is-getting-serious-about-real-estate-reform-and-its-starting-with-the-north\/\" 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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A new royal directive published in the <a target=\"_blank\" href=\"https:\/\/uqn.gov.sa\/details?p=27093\" style=\"\" rel=\"noopener\">official gazette Umm Al Qura<\/a> will see the government lift land freezes in the north of the capital and introduce an overhaul to the White Land Tax Law, in addition to new rental regulations aimed at balancing the landlord-tenant relationship.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">(<strong>** Tap or click the headline above to read this story with all of the links<\/strong> to our background and outside sources.)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details: <\/strong>Land freeze has been lifted on 81.5 sq km in northern Riyadh, as the new directive lifted the suspension on land sales, development, subdivision, and building permits in two newly activated zones totaling 33.2 sq km \u2014 adding to 48.28 sq km that were previously reactivated. The newly released zones are located north of King Salman Road and are bordered by Abu Bakr Al Siddiq Road, Prince Khalid bin Bandar Road, and the neighborhoods of Al Aarid and Al Qirawan. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Plots will be offered: <\/strong>Plans will also see the government offer some 10-40k serviced residential plots annually over the next 5 years at a maximum of SAR 1.5k per sqm. The new plots will be allocated to married citizens or individuals over the age of 25 who do not currently own any real estate assets. Buyers will be prohibited from selling, renting, or mortgaging their purchased plots for 10 years, unless it is for financing construction. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>BUT- <\/strong>If the lands are not developed within this period, they will be reclaimed at the original purchase price, reads the directive.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Where to start?<\/strong> The Royal Commission for Riyadh City (RCRC) is preparing to launch a digital platform through which citizens can apply for residential land in the newly released areas \u2014 set to be launched \u201csoon,\u201d according to a <a target=\"_blank\" href=\"https:\/\/www.rcrc.gov.sa\/ar\/news\/562617\/\" style=\"\" rel=\"noopener\">statement<\/a>. The RCRC has also been tasked with providing planned and developed residential plots and monitoring real estate prices in Riyadh while submitting regular reports.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The rationale: <\/strong>The moves are being positioned as \u201ca step that enhances fairness and attractiveness in Riyadh\u2019s real estate market,\u201d which would guarantee justice for all parties involved and boost investment in a transparent and efficient manner, Commerce Minister Majid Al Qasabi told <a target=\"_blank\" href=\"https:\/\/www.alarabiya.net\/aswaq\/exclusive\/2025\/03\/29\/%D9%88%D8%B2%D9%8A%D8%B1-%D8%A7%D9%84%D8%AA%D8%AC%D8%A7%D8%B1%D8%A9-%D8%A7%D9%84%D8%B3%D8%B9%D9%88%D8%AF%D9%8A-%D9%82%D8%B1%D8%A7%D8%B1%D8%A7%D8%AA-%D9%88%D9%84%D9%8A-%D8%A7%D9%84%D8%B9%D9%87%D8%AF-%D8%AA%D8%B9%D8%B2%D8%B2-%D8%B9%D8%AF%D8%A7%D9%84%D8%A9-%D9%88%D8%AC%D8%A7%D8%B0%D8%A8%D9%8A%D8%A9-%D8%B3%D9%88%D9%82-%D8%A7%D9%84%D8%B9%D9%82%D8%A7%D8%B1-%D8%A8%D8%A7%D9%84%D8%B1%D9%8A%D8%A7%D8%B6\" style=\"\" rel=\"noopener\">Al Arabiya<\/a>. Meanwhile, Economy Minister Faisal Al Ibrahim <a target=\"_blank\" href=\"https:\/\/www.alarabiya.net\/aswaq\/exclusive\/2025\/03\/31\/%D9%88%D8%B2%D9%8A%D8%B1-%D8%A7%D9%84%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF-%D9%84%D9%84%D8%B9%D8%B1%D8%A8%D9%8A%D8%A9-%D8%A7%D9%84%D8%B3%D8%B9%D9%88%D8%AF%D9%8A%D8%A9-%D8%AA%D9%85%D9%83%D9%91%D9%86-%D8%A7%D9%84%D9%82%D8%B7%D8%A7%D8%B9-%D8%A7%D9%84%D8%AE%D8%A7%D8%B5-%D9%84%D9%84%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1-%D9%81%D9%8A-%D8%A7%D9%84%D8%AA%D8%B7%D9%88%D9%8A%D8%B1-%D8%A7%D9%84%D9%86%D9%88%D8%B9%D9%8A0\" style=\"\" rel=\"noopener\">said<\/a> the reforms would \u201cenable the private sector to participate in quality development, creating housing and infrastructure with high urban standards.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s next? <\/strong>The Kingdom is giving itself 60 days to amend the White Land Tax Law \u2014 aimed at encouraging faster development on vacant land, and 90 days to issue fresh regulations that will govern the landlord-tenant relationship.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>The Kingdom\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/8be64075-751f-431c-b788-6ea342d5a500\/%253cmark%253ereal-estate-prices%253c%2Fmark%253e-rose-2.3%2525-in-2024--gastat\" style=\"\" rel=\"noopener\">real estate price index<\/a> rose 2.3% y-o-y in 2024, while apartment prices <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/4949f330-6db7-496c-ae24-7d8450c29950\/homeownership-aspirations-may-be-a-distant-dream-for-many-in-saudi-arabia\" style=\"\" rel=\"noopener\">rose 10.6%<\/a> and villa prices rose 6.3%. The rise in housing costs, particularly rent, was the primary driver behind the rise of the Kingdom\u2019s annual inflation last year, reaching a peak of 2.0% in November.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- Riyadh\u2019s real estate prices have been driving investors to its peripheries:<\/strong> Investors have started <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/6025ee80-a6eb-4b84-8c2f-ed946f66b1c2\/investors-shift-to-riyadh%25e2%2580%2599s-outskirts-as-real-estate-prices-rise-%2B-entaj-foods-begins-trading-on-tadawul-today#:~:text=Investors%20shift%20to%20Riyadh%E2%80%99s%20outskirts%20as%20real%20estate%20prices%20rise%20in%20the\" style=\"\" rel=\"noopener\">shifting focus to the capital\u2019s outskirts<\/a> on the back of real estate prices climbing to record highs in the capital city due to a demand-supply gap, fueled by population growth far outpacing urban expansion \u2014 which has been significantly ramped up under Vision 2030.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/inflation\/\">Inflation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/real-estate\/\">Real Estate<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/riyadh\/\">Riyadh<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"95730 advertiser\" class=\"issue-section enterprise-adv\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"95730\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/ksa\/2025\/04\/06\/95730\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-95730\" class=\"content-area-description single-story post-95730 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/www.tasheelfinance.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1942.jpg?ssl=1\"><\/a><\/span><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"95731\" 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=\"95731\">\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\">IPO WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/ksa\/2025\/04\/06\/future-vision-prices-nomu-ipo-at-sar-7-a-piece\/\">\r\n                            Future Vision prices Nomu IPO at SAR 7 a piece                        <\/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\/04\/06\/future-vision-prices-nomu-ipo-at-sar-7-a-piece\/\" 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 Capital Market Authority approved the company\u2019s plan to list its shares on the parallel market in December, with the company announcing its IPO plan <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/c0bab966-7688-4ca4-bfb3-8e637c0024eb\/%253cmark%253efuture%253c%2Fmark%253e%253cmark%253e-vision%253c%2Fmark%253e-gears-up-for-nomu-listing\" style=\"\" rel=\"noopener\">last month<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Use of proceeds + timeline:<\/strong> The health training provider is standing to rake in SAR 14 mn in proceeds, of which SAR 2 mn will cover offering expenses, while the rest will go to developing the company\u2019s assets. Qualified investors can subscribe to a minimum of 100 shares and a maximum of 499k shares, starting today until Thursday, 10 April.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Post-IPO structure + lockup:<\/strong> Following the offering, major shareholders are expected to see their combined ownership drop to 53.97% from 67.46%, and they will be unable to sell their shares for 12 months.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Future Vision:<\/strong> Founded in 2019, Future Vision specializes in vocational training and education in Riyadh, Jeddah and Madinah, offering certified courses accredited by the Saudi Commission for Health Specialities and life support programs approved by the American and Saudi Heart Associations.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ADVISORS- <\/strong>Yaqeen Capital is the financial and lead manager. Receiving agents include Derayah Financial, Alinma Investment, Al Rajhi Capital, SNB Capital, BSF Capital, Riyad Capital, ANB Capital, Alistithmar Capital, Albilad Capital, AlJazira Capital, GIB Capital, Alkhabeer Capital, SAB Invest, and Sahm Capital.<\/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-vision\/\">Future Vision<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/ipo-watch\/\">IPO watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/nomu\/\">Nomu<\/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=\"95733\" 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=\"95733\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">EARNINGS WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/ksa\/2025\/04\/06\/a-flurry-of-2024-earnings-2\/\">\r\n                            A flurry of 2024 earnings                        <\/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\/04\/06\/a-flurry-of-2024-earnings-2\/\" 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\/04\/06\/a-flurry-of-2024-earnings-2\/')\">\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\/04\/06\/a-flurry-of-2024-earnings-2\/\">\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=A flurry of 2024 earnings&url=https:\/\/enterpriseam.com\/ksa\/2025\/04\/06\/a-flurry-of-2024-earnings-2\/\">\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\/04\/06\/a-flurry-of-2024-earnings-2\/&title=A flurry of 2024 earnings\">\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=A+flurry+of+2024+earnings+https%3A%2F%2Fenterpriseam.com%2Fksa%2F2025%2F04%2F06%2Fa-flurry-of-2024-earnings-2%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\/04\/06\/a-flurry-of-2024-earnings-2\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/74.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"95734\" data-permalink=\"https:\/\/enterpriseam.com\/ksa\/2025\/04\/06\/a-flurry-of-2024-earnings-2\/74-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/74.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"74.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/74.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/74.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-95733\" class=\"content-area-description single-story post-95733 post type-post status-publish format-standard has-post-thumbnail hentry category-earnings-watch tag-al-moammar-information-systems-mis tag-arabian-international-healthcare-holding-tibbiyah tag-cenomi-retail tag-earnings-watch tag-entaj tag-enterpriseam-ksa tag-mbc tag-tadweer 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\/4\/.309b28ff-7b14-4c1b-a065-0f8fbf6aeeae.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\">MBC GROUP-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> <\/strong><strong>MBC Group\u2019<\/strong><strong>s net income<\/strong><strong> rose 515.2% y-o-y to SAR 426.1 mn in FY 2024<\/strong>, pushed by a 30.7% y-o-y rise in gross income, the firm said in an <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/4\/37.pdf\" style=\"\" rel=\"noopener\">earnings release (pdf)<\/a>. Meanwhile, revenue increased by 13.1% to SAR 4.2 bn, buoyed by gains in broadcasting and other commercial activities (up 21% y-o-y) and its streaming platform Shahid (up 27.9% y-o-y), despite a 19.8% y-o-y decline in advertising from delayed revenue recognition of completed projects.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> The Public Investment Fund (PIF) is the majority shareholder of MBC, after acquiring Istedamah Holding\u2019s entire <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/928c2282-89c3-498d-9eec-e5db1558da64\/pif-acquires-majority-stake-in%253cmark%253e-mbc%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">54% stake<\/a> for SAR 7.5 bn under a binding share sale and purchase agreement last year. The move was part of the PIF\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/f86b6c50-58ae-4b6a-bbe2-62fd4b6a41ec\/everything-you-need-to-know-from-day-one-of-fii-2024\" style=\"\" rel=\"noopener\">shift in strategy<\/a> towards domestic investments.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">(<strong>** Tap or click the headline above to read this story with all of the links<\/strong> to our background and outside sources.)<\/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\">SADARA-<\/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.sadara.com\/en\" style=\"\" rel=\"noopener\">Sadara Chem<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.sadara.com\/en\" style=\"\" rel=\"noopener\">ical Company<\/a><\/strong><strong> saw its net losses increase to SAR 4 bn in F<\/strong><strong>Y 2024<\/strong>, up from SAR 3.5 bn in the previous year, mainly due to an accounting adjustment that had a positive impact on the previous year\u2019s financials, the company\u2019s subsidiary Sadara Basic Services said in a <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/?anId=86262&anCat=1&cs=2315&locale=en\" style=\"\" rel=\"noopener\">disclosure to Tadawul<\/a>. Meanwhile, revenues were up 8.2% y-o-y at SAR 11.5 bn during the year as a result of the impact of a major hydrocarbon turnaround on sales volume in FY 2023.<\/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\">CENOMI RETAIL-<\/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.cenomiretail.com\/\" style=\"\" rel=\"noopener\">Cenomi R<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.cenomiretail.com\/\" style=\"\" rel=\"noopener\">etail<\/a><\/strong><strong> saw its n<\/strong><strong>et loss narrowed to SAR 197.5 mn in 2024, down from SAR 1.1 bn <\/strong><strong>the<\/strong><strong> year prior<\/strong>, driven by stable gross margins, a 23.2% decrease in selling, general, and admin expenses, and a 4.2% reduction in net finance costs, according to an <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/4\/35.pdf\" style=\"\" rel=\"noopener\">earnings release (pdf)<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Meanwhile<\/strong>, the company\u2019s revenues were up 3.7% y-o-y at SAR 4.8 bn during the year, with mixed performances across its sectors. Local retail revenues fell 1.7% y-o-y due to the optimization program, while international operations grew 26.5%, led by strong results in Azerbaijan, Georgia, and Uzbekistan. The food and beverage segment saw a 13.5% drop, and online sales fell 2.9%.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A red flag from the auditor: <\/strong>The auditor flagged material uncertainty regarding the company\u2019s ability to continue as a going concern, citing its SAR 1.61 bn in accumulated losses \u2014140% of capital \u2014 and its current liabilities exceeding current assets by SAR 2.92 bn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In 4Q 2024<\/strong>, the company\u2019s net losses shrank to SAR 149 mn from SAR 1 bn in the same quarter a year earlier, mainly due to accounting adjustments. Revenues grew 14.3% y-o-y to SAR 1.32 bn during the quarter.<\/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\">ENTAJ-<\/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:\/\/entaj.com\/\" style=\"\" rel=\"noopener\">Arabian C<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/entaj.com\/\" style=\"\" rel=\"noopener\">ompany fo<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/entaj.com\/\" style=\"\" rel=\"noopener\">r Agricultural and Industrial Investment<\/a><\/strong><strong> (Entaj Foods) reported a <\/strong><strong>56.8% y-o-y drop in net income to SAR 27.1 mn in 2024<\/strong>, according to its <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/4\/33.pdf\" style=\"\" rel=\"noopener\">earnings release<\/a><a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/4\/33.pdf\" style=\"\" rel=\"noopener\">(pdf)<\/a>. The decline was driven by a 20.5% rise in the cost of sales, SAR 25 mn in depreciation linked to capacity expansion, SAR 9 mn in finance costs, and an SAR 8 mn impact from bio-asset revaluation and impairments. The company expects margins to recover in 2025 as recent investments and farm-level efficiencies begin to yield results.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>MEANWHILE- Revenues rose 13.2% y-o-y to SAR 1.2 bn during the year<\/strong>, supported by a 14.3% increase in poultry sales (96% of total revenue) and a 56.5% rise in egg revenue (3% of total revenue).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- <\/strong>Entaj\u2019s board recommended distributing SAR 15 mn in dividends for 2024 at SAR 0.5 per share, it said in a <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/?anId=86278&anCat=1&cs=2287&locale=en\" style=\"\" rel=\"noopener\">disclosure to Tadawul<\/a>. The distribution date is yet to be announced.<\/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\">TADWEER-<\/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.tadweer.ae\/\" style=\"\" rel=\"noopener\">National E<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.tadweer.ae\/\" style=\"\" rel=\"noopener\">nvironmental<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.tadweer.ae\/\" style=\"\" rel=\"noopener\">Recycling<\/a><\/strong><strong> (Tadweer) saw its net income grow 40.2% y-o-y in 2024 <\/strong><strong>to SAR 36.2 mn<\/strong> on the back of improved production efficiency, tighter cost controls, and lower operational expenses from replacing rental assets with owned assets, according to a <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/?anId=86212&anCat=1&cs=9540&locale=en\" style=\"\" rel=\"noopener\">disclosure to Tadawul<\/a>. Meanwhile, the company recorded a 27.6% y-o-y growth in revenues during the year to SAR 806 mn, supported by the launch of a new production line and better utilization of existing lines.<\/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\">SAUDI RESEARCH AND MEDIA GROUP (SRMG)-<\/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.srmg.com\/en\/home\" style=\"\" rel=\"noopener\">Saudi Res<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.srmg.com\/en\/home\" style=\"\" rel=\"noopener\">earch and Media Group<\/a><\/strong><strong> (SRMG) saw a 64% y-o-y drop in net income to <\/strong><strong>SAR <\/strong><strong>201.7 mn in FY 2024<\/strong> due to provisions for expected credit losses on trade receivables and impairment losses on goodwill, property, plant, equipment, and spare parts inventory linked to its printing and packaging segment, it said in <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/?anId=86128&anCat=1&cs=4210&locale=en\" style=\"\" rel=\"noopener\">a disclosure to Tadawu<\/a> l. Revenues also fell 12.9% y-o-y to SAR 3.3 bn during the period on the back of declines across multiple operating segments, including PR and advertising, publishing and visual and digital content, and printing and packaging.<\/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\">SAMCO-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Saudi <\/strong><strong>Marketing Company (Samco)<\/strong><strong> sa<\/strong><strong>w its net income rise 16.7% y-o-y to SAR 25.4 <\/strong><strong>mn in FY 2024<\/strong>, while revenues inched up 1.2% y-o-y to SAR 1.8 bn, driven by healthier returns from its entertainment segment and newly opened branches during the year, it said in a <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/?anId=86124&anCat=1&cs=4006&locale=en\" style=\"\" rel=\"noopener\">disclosure to Tadawul<\/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\">SMASCO-<\/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.smasco.com\/\" style=\"\" rel=\"noopener\">Saudi Man<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.smasco.com\/\" style=\"\" rel=\"noopener\">power Solutions<\/a><\/strong><strong> (<\/strong><strong>Smasco<\/strong><strong>)<\/strong><strong> saw its net income fall 24% y-o-y to SAR 126.4 mn <\/strong><strong>in FY 2024<\/strong>, while revenues grew 3.6% y-o-y to SAR 1.9 bn over the same period, it said in a <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/?anId=86112&anCat=1&cs=1834&locale=en\" style=\"\" rel=\"noopener\">disclosure to Tadawul<\/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\">MIS-<\/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.mis.com.sa\" style=\"\" rel=\"noopener\">Al Moamm<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.mis.com.sa\" style=\"\" rel=\"noopener\">ar Information Systems<\/a><\/strong> <strong> (MIS) posted a 785.7% y-o-y increase in net income to <\/strong><strong>SAR 124 mn in FY 2024<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/?anId=86236&anCat=1&cs=7200&locale=en\" style=\"\" rel=\"noopener\">disclosure to Tadawul<\/a>. The company\u2019s revenue declined 16.92% y-o-y to SAR 1.2 bn during the period, impacted by a drop in some operations and a change in its role as principal and agent.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- <\/strong>MIS will distribute SAR 96 mn in dividends for FY 2024 at SAR 3.2 per share, it said in a separate <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/?anId=86270&anCat=1&cs=7200&locale=en\" style=\"\" rel=\"noopener\">disclosure<\/a>. The eligibility date is 9 April, with distribution set for 23 April.<\/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\/al-moammar-information-systems-mis\/\">Al Moammar Information Systems (MIS)<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/arabian-international-healthcare-holding-tibbiyah\/\">Arabian International Healthcare Holding (Tibbiyah)<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/cenomi-retail\/\">Cenomi Retail<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/earnings-watch\/\">EARNINGS WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/entaj\/\">Entaj<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/mbc\/\">MBC<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/tadweer\/\">Tadweer<\/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=\"95735\" 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=\"95735\">\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\">ALSO ON OUR RADAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/ksa\/2025\/04\/06\/elm-secures-sar-1-9-bn-financing-to-fuel-acquisitions\/\">\r\n                            Elm secures SAR 1.9 bn financing to fuel acquisitions                        <\/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\/04\/06\/elm-secures-sar-1-9-bn-financing-to-fuel-acquisitions\/\" 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 homegrown digital solutions provider will use the five-year facility to finance corporate expansion and acquisitions.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>Elm\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/5e75b5a1-75a7-4519-8929-dabdca551a96\/hassana-investment-buys-into-berain-water#:~:text=Elm%20shareholders%20greenlight%20Thiqah%20transaction%3A%20Homegrown\" style=\"\" rel=\"noopener\">board approved<\/a> its acquisition of the PIF\u2019s full stake in <a target=\"_blank\" href=\"https:\/\/www.thiqah.sa\/en\/\" style=\"\" rel=\"noopener\">Thiqah Business<\/a><a target=\"_blank\" href=\"https:\/\/www.thiqah.sa\/en\/\" style=\"\" rel=\"noopener\">Services<\/a> in a SAR 3.4 bn transaction, following a share purchase agreement signed <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/223434bc-631e-47fe-873f-9ab33a8178fb\/%253cmark%253eelm%253c%2Fmark%253e-inches-closer-to-thiqah-sar-3.4-bn-takeover\" style=\"\" rel=\"noopener\">in January<\/a>. Elm also agreed to a term sheet to raise its stake in Smart National Solutions to 40% <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/0f36b036-137c-418c-b02b-ccb9768a3edb\/saudi-to-get-its-first-locally-constructed-offshore-rig#:~:text=%234%2D%20Homegrown%20digital%20solutions%20provider%20Elm%20Company%20signed%20a\" style=\"\" rel=\"noopener\">in February<\/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>#2- <\/strong><strong><a target=\"_blank\" href=\"https:\/\/shlfinance.com\/en\" style=\"\" rel=\"noopener\">SHL Fina<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/shlfinance.com\/en\" style=\"\" rel=\"noopener\">nce Company<\/a><\/strong><strong> secured a SAR 200 mn renewed shariah-compliant loan<\/strong><strong> from Bank Aljazira<\/strong>, with 125% of the outstanding balance of the facility covered by receivables, according to a <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/?anId=86130&anCat=1&cs=1183&locale=en\" style=\"\" rel=\"noopener\">disclosure to Tadawul<\/a>. The five-year financing, to be renewed annually, is aimed at driving the company\u2019s expansion and sales growth.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI- <\/strong>SHL Finance renewed a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/6c3036c2-0f63-4228-8c8a-0672cc24cdaf\/%253cmark%253eshl%253c%2Fmark%253e-finance-renews-sar-1.9-bn-sharia-compliant-facility-with-anb\" style=\"\" rel=\"noopener\">SAR 1.9 bn<\/a> shariah-compliant credit facilities agreement with Arab National Bank (ANB) last month.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">OIL & GAS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Aramco is eyeing investment in two planned Indian state-owned refineries,<\/strong> as it seeks long-term stable outlet for its crude oil in the world\u2019s fastest growing emerging market, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/commodities\/saudi-aramco-looks-invest-indian-refineries-sources-say-2025-03-27\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported, citing Indian sources it says are in the know. Aramco is reportedly proposing to supply crude equivalent to three times its stake in each of the Bharat Petroleum Corp and Oil and Natural Gas Corp ventures \u2014 a condition Indian refiners have called \u201cnot possible,\u201d a source told the newswire. An agreement may be reached ahead of Indian PM Narendra Modi\u2019s expected visit to the Kingdom in 2Q 2025.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO-<\/strong> <strong>J<\/strong><strong>apanese drone services startup <\/strong><strong><a target=\"_blank\" href=\"https:\/\/terra-drone.net\/global\/\" style=\"\" rel=\"noopener\">Terra Drone<\/a><\/strong><strong> signed an MoU with Aramco to <\/strong><strong>begin test runs later this year for inspecting Aramco\u2019s facilities<\/strong>, with actual operations expected to begin in 2027, the company said in a <a target=\"_blank\" href=\"https:\/\/terra-drone.net\/global\/2025\/04\/03\/terra-drone-signs-mou-with-aramco-to-drive-innovation-and-localization-in-drone-technology\/\" style=\"\" rel=\"noopener\">press release<\/a>. If officially awarded, the contract would be Terra Drone\u2019s largest to date for drone inspection of oil and gas facilities, which marks a more enhanced inspection process than Aramco\u2019s current method which requires two to three weeks for manual inspections.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Terra Drone entered the Saudi market in 2023 after securing USD 14 mn from Aramco\u2019s <\/strong><strong>VC arm Wa\u2019ed Ventures.<\/strong> The drone startup has been conducting inspections and surveying for other firms in the Middle East. The story also got ink from <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/japans-terra-drone-boost-cooperation-with-saudi-aramco-inspections-2025-04-02\/\" style=\"\" rel=\"noopener\">Reuters<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">(<strong>** Tap or click the headline above to read this story with all of the links<\/strong> to our background and outside sources.)<\/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\">M&A WATCH-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Alareeb acq<\/strong><strong>uires 30% of Pioneer Landmarks:<\/strong> <a target=\"_blank\" href=\"https:\/\/alareeb.sa\/ar\/home\/\" style=\"\" rel=\"noopener\">Alareeb Holding<\/a> completed the acquisition of a 30% stake in local engineering consultancy services company Pioneer Landmarks, according to a <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/alareebsa_aepaesaehaezaeyaeqabraepaesaeqaepaeqaeeaer-activity-7310778182100553728-2hsh?utm_source=share&utm_medium=member_desktop&rcm=ACoAADKzrWYB_Vh_KTSGtQ4AAAAhQQSbfVysFkc\" style=\"\" rel=\"noopener\">statement<\/a> on LinkedIn. This follows a joint MoU signed in February and is part of Alareeb's plan to grow in the consultancy sector and expand regionally. The transaction\u2019s value was 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\">ENERGY-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Mitsubis<\/strong><strong>hi Power + Doosan<\/strong><strong> Enerbility to supply turbines for two IPP projects: <\/strong><a target=\"_blank\" href=\"https:\/\/power.mhi.com\/\" style=\"\" rel=\"noopener\">Mitsubishi<\/a><a target=\"_blank\" href=\"https:\/\/power.mhi.com\/\" style=\"\" rel=\"noopener\">Power<\/a> and <a target=\"_blank\" href=\"https:\/\/www.doosanenerbility.com\/en\" style=\"\" rel=\"noopener\">Doosan Enerbility<\/a> secured orders to supply six M501JAC gas turbines and related equipment for the Rumah-1 and Al-Nairyah-1 independent power plant (IPP) projects, the company said in a <a target=\"_blank\" href=\"https:\/\/power.mhi.com\/regions\/mena\/news\/250328.html\" style=\"\" rel=\"noopener\">press release<\/a>. The turbines will be assembled locally in Mitsubishi's Dammam factory.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>The <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/3992bded-5db5-4736-9579-de3069ba89c2\/a-new-rixos-branded-sar-1.4-bn-resort-in-the-eastern-province\" style=\"\" rel=\"noopener\">Rumah-1 and Al-Nairyah-1 plants<\/a>, located in the Central and the Eastern Provinces, each have a production capacity of 1.8 MW, with both making up for nearly 2.5% of the national grid\u2019s capacity. Acwa Power owns a 35% stake in both plants, with the Saudi Electricity Company and Korea Electric Power Corp. (Kepco) also as shareholders.<\/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\/elm-company\/\">Elm Company<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/saudi-national-bank-snb\/\">Saudi National Bank (SNB)<\/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=\"95737\" 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src=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/66.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"95738\" data-permalink=\"https:\/\/enterpriseam.com\/ksa\/2025\/04\/06\/trumps-liberation-day-tariffs-spark-retaliation-from-china-trigger-market-sell-off\/66-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/66.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"66.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/66.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/66.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-95737\" class=\"content-area-description single-story post-95737 post type-post status-publish format-standard has-post-thumbnail hentry category-planet-finance tag-enterpriseam-ksa tag-financial-markets tag-ipo tag-planet-finance tag-trade 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\/4\/.3a48c50a-a751-461d-a9f7-a8ce6eef6b93.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Trump follows through with protectionist measures: <\/strong>US President Donald Trump announced on Wednesday a universal 10% tariff on all US imports, and higher reciprocal tariffs on specific countries, as he vowed to liberate the US from the \u201clooting, pillaging, and raping\u201d of the US by other countries.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>(Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Who is targeted? <\/strong>The US slapped China with a 34% tariff, taking the total tariff on Chinese imports to 54%. It also targeted the EU with 20%, Vietnam with 46%, and Taiwan with 32%. The higher reciprocal tariffs will begin on 9 April, while customs agents have already begun collecting the baseline <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/us-starts-collecting-trumps-new-10-tariff-smashing-global-trade-norms-2025-04-05\/\" style=\"\" rel=\"noopener\">10% tariff<\/a> since yesterday.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A slight reprieve:<\/strong> Mexico and Canada will not be subject to tariffs beyond the 25% announced earlier. Products like steel, aluminum, and auto parts will also be exempt from the reciprocal tariffs and only subject to the previously announced levies. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>China strikes back, others might soon follow:<\/strong> The move is set to ignite a global trade war after decades of liberal trade measures from the US, with trading partners widely expected to retaliate. Beijing led the pack with a 34% tariff on all goods imported from the US, with the EU expected to follow soon. Other countries are attempting to negotiate their way out of the measures, including Vietnam, whose president To Lam had a \u201c <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/asia\/vietnam-foreign-ministry-says-regrets-us-tariff-decision-2025-04-04\/\" style=\"\" rel=\"noopener\">productive call<\/a> \u201d with Trump, and will meet to negotiate a trade deal soon.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Off to bumpy start? <\/strong>Trump\u2019s announcements on Wednesday triggered the worst week for US equities since the onset of the Covid pandemic, leading to the S&P 500 losing 9.1% through the week \u2014 including a 6.0% fall on Friday alone \u2014 erasing USD 5.4 tn in market value and the Nasdaq down 22.7% from its December peak. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Tech stocks in particular had a rough week<\/strong>, with chip maker Nvidia dipping 10.3% throughout the week and Apple seeing its share price fall 13.3% throughout the same period. Companies with significant exposure to China also saw a sell off, while recession fears drove investors to sell shares in banks and energy companies.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Exchanges outside the US fared little better,<\/strong> with the UK\u2019s FTSE 100 losing 7.0% in the week and the EURO STOXX 50 down 8.2%. Further afield, Japan\u2019s Nikkei 225 clocked a 7.3% decline during the week, Hong Kong\u2019s Hang Seng recorded a 3.5% fall, while Korea\u2019s Kospi and China\u2019s Shanghai index survived the week in a better shape \u2014 albeit still in the red.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Investors across the globe are looking to government bonds as a way to guard against <\/strong><strong>market volatility<\/strong>. Ten-year US Treasury notes saw yields fall 12.2 basis points to a six month low, while government debt instruments in Germany and elsewhere also saw their yields drop significantly. \u201cA lot of investors I've talked to have just said in this kind of environment, let's go to cash and just wait it out,\u201d Cherry Lane Investments Partner Rick Meckler told <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/global-markets-wrapup-1-2025-04-04\/\" style=\"\" rel=\"noopener\">Reuters<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Some are already warning of an incoming recession<\/strong>, including Barclays Global Research Chair Ajay Rajadhyaksha, who told the <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/b1eda0a8-6449-4fe5-b8c6-a2afebadc823\" style=\"\" rel=\"noopener\">Financial Times<\/a> that \u201cif the reciprocal tariffs are not walked back by April 9, which I don\u2019t think they will be, you will probably be looking at a recession in the United States and the European Union.\u201d Fed head Jay Powell is also warning that the tariffs will lead to \u201chigher inflation and slower growth,\u201d limiting the reserve\u2019s monetary policy wriggle room with a growing concern that the country could enter into a period of stagflation. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The uncertainty also loomed over IPOs and M&A transactions: <\/strong>Swedish fintech Klarna, US-Based Chime and Stubhub all delayed IPOs or roadshows, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/deals\/tariff-turmoil-puts-freeze-global-ma-dealmaking-2025-04-04\/?utm_source=chatgpt.com\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. Market uncertainty, higher debt costs, and valuation risks are making it harder to close deals, an unnamed senior banker told the news agency.<\/p>\n<div class='stock-ticker-panel'>\n<table class='table stock-ticker-table markets-table'>\n<tbody>\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>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\">11,883<\/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\">-1.2% (YTD: -1.3%)<\/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>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\">1,504<\/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\">-1.3% (YTD: -0.3%)<\/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>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\">30,641<\/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: -2.7%)<\/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-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>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\">31,700<\/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: +6.6%)<\/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>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\">9,187<\/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: \u20132.5%)<\/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>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\">4,951<\/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\">-1.5% (YTD: -4.0%)<\/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>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\">5,074<\/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\">-6.0% (YTD: -13.7%)<\/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>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\">8,055<\/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% (YTD: -1.4%)<\/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>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\">4,878<\/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\">-4.6% (YTD: -0.4%)<\/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 65.58<\/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\">-6.5%<\/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>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 3.84<\/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 3,035.40<\/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\">-2.8%<\/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 82,917.00<\/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: -11.4%)<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\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>fell 1.3% <strong>yesterday <\/strong>on turnover of SAR 5.5 bn. The index is down 1.3% 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>Fitaihi Group (+9.7%), Zamil Indust (+6.6%) and Zain KSA (+5.0%).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the red: <\/strong>Tadco (-8.6%), Entaj (-7.6%) and Raydan (-7.4%).<\/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> fell 2.7% <strong>yesterday <\/strong>on turnover of SAR 35.4 mn. The index is down 2.7% 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>Horizon Educational (+13.1%), United Mining (+10.0%) and NBM (+9.0%).<\/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 (-14.9%), Albattal Factory (-12.9%) and Leen Alkhair (-12.6%).<\/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\">CORPORATE ACTIONS-<\/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.gig.sa\/\" style=\"\" rel=\"noopener\">Gulf Ins<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.gig.sa\/\" style=\"\" rel=\"noopener\">. Group<\/a><\/strong><strong>\u2019s BoD recommended a SAR 63 mn dividend distribution for FY 2024 at <\/strong><strong>SAR 1.2 per share<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/?anId=86269&anCat=1&cs=8250&locale=en\" style=\"\" rel=\"noopener\">filing to Tadawul<\/a>. The move is still pending shareholders\u2019 and regulatory approval, after which a distribution date will be set.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Banque S<\/strong><strong>audi Fransi\u2019s BoD recommended a share buyback of up to 15 mn treasury <\/strong><strong>shares<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/?anId=86234&anCat=1&cs=1050&locale=en\" style=\"\" rel=\"noopener\">disclosure to Tadawul<\/a>. The bank will use its own resources to fund the move, and the shares will be allocated to the share-based employee remuneration plan. The move is pending shareholders\u2019 and regulatory approvals. <\/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:\/\/horizonfood.sa\/en\/\" style=\"\" rel=\"noopener\">Horizon<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/horizonfood.sa\/en\/\" style=\"\" rel=\"noopener\">Food<\/a><\/strong><strong>\u2019s BoD <\/strong><strong>approved the company\u2019s transition <\/strong><strong>to the main market <\/strong><strong>from the<\/strong> <strong>parallel market<\/strong>, it said in a <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/?anId=86283&anCat=1&cs=9564&locale=en\" style=\"\" rel=\"noopener\">disclosure to Tadawul<\/a>. Financial Al Istithmar Capital was appointed as advisor for the transition, pending approval from the Capital Market Authority.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Wasata Ca<\/strong><strong>pital was appointed as financial advisor to oversee the capital reduction of <\/strong><strong><a target=\"_blank\" href=\"http:\/\/www.tihama.com\/\" style=\"\" rel=\"noopener\">Tihama Advertising<\/a><\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/?anId=86294&anCat=1&cs=4070&locale=en\" style=\"\" rel=\"noopener\">filing to Tadawul<\/a>.<\/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:\/\/tadco-agri.com\/en\/\" style=\"\" rel=\"noopener\">Tabuk Agric<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/tadco-agri.com\/en\/\" style=\"\" rel=\"noopener\">ultural De<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/tadco-agri.com\/en\/\" style=\"\" rel=\"noopener\">velopment<\/a><\/strong><strong>\u2019s (Tadco) BoD recommended a 52.9% capital reduction <\/strong><strong>through the cancellation of 20.7 mn shares<\/strong>, it said in a <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/?anId=86274&anCat=1&cs=6040&locale=en\" style=\"\" rel=\"noopener\">disclosure to Tadawul<\/a>. The operation will shrink the company\u2019s capital to SAR 184.4 mn to offset accumulated losses. The proposal is still pending regulatory and shareholders' approval, with a financial advisor yet to be appointed.<\/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\/ipo\/\">IPO<\/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\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"95739\" 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=\"95739\">\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\">DIPLOMACY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/ksa\/2025\/04\/06\/crown-prince-meets-sudans-al-burhan-in-makkah\/\">\r\n                            Crown Prince meets Sudan\u2019s Al Burhan in Makkah                        <\/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\/04\/06\/crown-prince-meets-sudans-al-burhan-in-makkah\/\" 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\/04\/06\/crown-prince-meets-sudans-al-burhan-in-makkah\/')\">\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\/04\/06\/crown-prince-meets-sudans-al-burhan-in-makkah\/\">\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=Crown Prince meets Sudan\u2019s Al Burhan in Makkah&url=https:\/\/enterpriseam.com\/ksa\/2025\/04\/06\/crown-prince-meets-sudans-al-burhan-in-makkah\/\">\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\/04\/06\/crown-prince-meets-sudans-al-burhan-in-makkah\/&title=Crown Prince meets Sudan\u2019s Al Burhan in Makkah\">\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=Crown+Prince+meets+Sudan%E2%80%99s+Al+Burhan+in+Makkah+https%3A%2F%2Fenterpriseam.com%2Fksa%2F2025%2F04%2F06%2Fcrown-prince-meets-sudans-al-burhan-in-makkah%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\/04\/06\/crown-prince-meets-sudans-al-burhan-in-makkah\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/68.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"95740\" data-permalink=\"https:\/\/enterpriseam.com\/ksa\/2025\/04\/06\/crown-prince-meets-sudans-al-burhan-in-makkah\/68-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/68.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"68.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/68.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/68.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-95739\" class=\"content-area-description single-story post-95739 post type-post status-publish format-standard has-post-thumbnail hentry category-diplomacy tag-diplomacy tag-enterpriseam-ksa tag-sudan 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\/4\/.74f4d3c5-3bb5-4fd2-b0e1-d9a94a14d936.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Crown Pri<\/strong><strong>nce Mohammed bin Salman met with Sudan\u2019s<\/strong><strong> Sovereign Council <\/strong><strong>President Abdel Fattah Al Burhan in Makkah on Friday, 28 March<\/strong>, the <a target=\"_blank\" href=\"https:\/\/saudigazette.com.sa\/article\/650506\/SAUDI-ARABIA\/Crown-Prince-receives-Sudans-Sovereign-Council-President-in-Makkah-agrees-to-establish-coordination-council\" style=\"\" rel=\"noopener\">Saudi Gazette<\/a> reports. The two leaders discussed the latest developments in Sudan and efforts to bring peace and stability to the country. They also agreed to form a coordination council to strengthen mutual ties.<\/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\/diplomacy\/\">Diplomacy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/ksa\/tag\/sudan\/\">Sudan<\/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=\"95741\" 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\/04\/06\/95741\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-95741\" class=\"content-area-description single-story post-95741 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;\">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>10 April<\/span><span> (Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.tesla.com\/en_sa\/event\/tesla-kingdom-of-saudi-arabia\" style=\"\">Tesla launch event<\/a><\/span><span style=\"font-weight:400;\">, Bujairi Terrace, 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>13-14 April (Sunday-Monday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/humancapabilityinitiative.org\/en\/\" style=\"\">Human Capability Initiative (HCI) Conference<\/a><\/span><span style=\"font-weight:400;\">, King Abdulaziz International Conference Center, Riyadh.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>13-16 April (Sunday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/edgex.humancapabilityinitiative.org\/en\" style=\"\">EdgeX HCI<\/a><\/span><span style=\"font-weight:400;\">, The Ritz Carlton, Riyadh.<\/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>14-16 April (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/umrah-ziyarah.com\/#prId=334725\" style=\"\">Umrah and Ziyarah Forum<\/a><\/span><span style=\"font-weight:400;\">, King Salman International Convention Center, Madinah.<\/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;\">14-15 April (Monday-Tuesday): MESH Core Riyadh Conference for Innovation in Healthcare, 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;\">17-23 April (Thursday-Wednesday): 11th edition of the Saudi Film Festival, Dhahran. <\/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:\/\/www.formula1.com\/en\/racing\/2025\/saudi-arabia\" style=\"\">Saudi Arabian Grand Prix<\/a><\/span><span style=\"font-weight:400;\">, Jeddah Corniche Circuit, 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>23-25 April (Wednesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.spa.gov.sa\/N2254996\" style=\"\">Construction and Real Estate Development Exhibition<\/a><\/span><span style=\"font-weight:400;\">, Jazan. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>25 April- 3 May (Friday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.the-afc.com\/en\/club\/afc_champions_league_elite.html\/news\/stage-set-for-aclelite-finals-jeddah-2025\" style=\"\">AFC Champions League Elite Finals<\/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>28 April- 30 April (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/automechanika-riyadh.ae.messefrankfurt.com\/riyadh\/en.html\" style=\"\">Automechanika Riyadh<\/a><\/span><span style=\"font-weight:400;\">, Riyadh International Convention and Exhibition Center, Riyadh. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>29 April<\/span><span style=\"font-weight:400;\"> (Tuesday): Deadline to submit feedback on proposed amendments to the rules for special purpose entities (SPEs). <\/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>May: The <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wipo.int\/web\/awards\/global\/index\" style=\"\">World Intellectual Property Organization (WIPO) Global Awards 2025<\/a><\/span><span style=\"font-weight:400;\"> announces its results.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>3 May (Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.dazn.com\/en-US\/news\/boxing\/canelo-alvarez-vs-william-scull-fight-time-ringwalks-running-order-streaming-watch\/e9f34ppx1yzc1e2hw18lzsdgg\" style=\"\">Canelo Alvarez vs William Scull<\/a><\/span><span style=\"font-weight:400;\">, Anb arena, Riyadh.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>5 May<\/span><span style=\"font-weight:400;\"> (Monday): Opec+ 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;\">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>9 May (Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/pflmena.com\/\" style=\"\">PFL Mena<\/a><\/span><span style=\"font-weight:400;\"> Season 2 Kick-off<\/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>19-20 May (Monday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/toss-summit.com\/\" style=\"\">Tech-ecO-System Summit (ToSS)<\/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;\">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>30 June (Monday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/zatca.gov.sa\/ar\/MediaCenter\/News\/Pages\/news_1346.aspx\" style=\"\">Deadline<\/a><\/span><span style=\"font-weight:400;\"> for Cancellation of Fines and Exemption of Financial Penalties Initiative by the Zakat, Tax and Customs Authority (Zatca).<\/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>July: The <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wipo.int\/web\/awards\/global\/index\" style=\"\">World Intellectual Property Organization (WIPO) Global Awards 2025<\/a><\/span><span style=\"font-weight:400;\"> awards ceremony, Geneva.<\/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>4-13 December (Thursday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/redseafilmfest.com\/en\/\" style=\"\">Red Sea International Film Festval<\/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>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>8-12 February (Sunday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.worlddefenseshow.com\/en\" style=\"\">World Defense Show<\/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;\">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 style=\"font-weight:400;\"> 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>Real estate reforms | OPEC+ raises production | Future Vision prices Nomu IPO.<\/p>\n","protected":false},"featured_media":95722,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-95721","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"e13806c5-8435-4cc7-81d7-31afd7d20d31","teaser":"Real estate reforms | OPEC+ raises production | Future Vision prices Nomu IPO.","photo_url":"https:\/\/ent.news\/2024\/4\/1812.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>Non-oil exports up 13.1% in January + US imposes 10% tariffs on our exports - 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\/non-oil-exports-up-13-1-in-january-us-imposes-10-tariffs-on-our-exports\/\" \/>\n<meta property=\"og:locale\" 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