{"id":100578,"date":"2025-09-15T00:00:00","date_gmt":"2025-09-15T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2025\/09\/15\/south-africa-to-double-down-on-saudi-investments\/"},"modified":"2025-09-15T00:00:00","modified_gmt":"2025-09-15T00:00:00","slug":"south-africa-to-double-down-on-saudi-investments","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2025\/09\/15\/south-africa-to-double-down-on-saudi-investments\/","title":{"rendered":"South Africa to double down on Saudi investments"},"content":{"rendered":"

Good morning, ladies and gents<\/strong>. Summer is officially over and done with, but its long days took their toll on business, resulting in a very light issue this morning.<\/p>\n

In today\u2019s issue: <\/strong>We talked to experts on how the Kingdom\u2019s growing, youthful population can become a powerhouse of non-oil growth \u2014 or a burden. Meanwhile, Cenomi Retail obtained a SAR 1.6 bn loan to refinance debt payments, following Al Futtaim\u2019s recent agreement to join the struggling company\u2019s shareholder base. Let\u2019s dive in.<\/p>\n

HAPPENING TODAY-<\/p>\n

#1- <\/strong>The<\/strong> General Authority for Statistics is set to publish the Consumer Price Index for <\/strong>August 2025 today<\/strong>, according to the authority\u2019s calendar<\/a>. The annual inflation slowed to 2.1% y-o-y in July<\/a>, down 0.2 percentage points from June, marking its lowest reading since February.<\/p>\n

#2- The <\/strong>Global Infrastructure Forum<\/a><\/strong> kicks off today at Riyadh International<\/strong> Convention and Exhibition Center. <\/strong>The three-day event will bring together over 25 countries, 300 exhibitors, and 50 experts for panel discussions, workshops, and exhibitions covering technology, investment, sustainability, and urban development.<\/p>\n

#3-<\/strong> ALSO-<\/strong> The three-day<\/strong> Money 20\/20 Middle East<\/a><\/strong> takes off today at Riyadh<\/strong> Exhibition and Convention Center. <\/strong>The event will feature panel discussions with local and international experts, presentations from more than 450 brands and 445 speakers, networking prospects with 973 investors, and sessions for startups to pitch and scale up their ideas. It also explores innovations in payments, AI, cloud, and digital banking.<\/p>\n

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WEATHER- Fall is in the air: <\/strong>It\u2019s officially fall in the Kingdom, bringing hope for relief from the summer heat. Its arrival coincides with the Qiran 19 astronomical event, marking the conjunction of the moon and the Pleiades star cluster. Heavy rain returns to pour over Makkah, Asir, Al Baha, while moderate to light showers persist over Jazan, along with air-borne dust on the Eastern Province, Riyadh, and Najran.<\/p>\n