{"id":101295,"date":"2025-10-09T00:00:00","date_gmt":"2025-10-09T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2025\/10\/09\/saudi-national-omar-yaghi-gets-a-nobel-in-chemistry-gaza-agreement-reached\/"},"modified":"2025-10-09T00:00:00","modified_gmt":"2025-10-09T00:00:00","slug":"saudi-national-omar-yaghi-gets-a-nobel-in-chemistry-gaza-agreement-reached","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2025\/10\/09\/saudi-national-omar-yaghi-gets-a-nobel-in-chemistry-gaza-agreement-reached\/","title":{"rendered":"Saudi national Omar Yaghi gets a Nobel in Chemistry + Gaza agreement reached"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">Good morning, everyone, and happy THURSDAY<\/strong><span style=\"background-color: transparent;\">. We head into the weekend with a mixed bag of updates on growth prospects, gigaprojects, capital markets, and more.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>BUT FIRST- <\/strong><strong>Omar Yaghi has become the first Saudi citizen to receive a Nobel Prize in the<\/strong> <strong>sciences<\/strong>, after being awarded the 2025 Nobel Prize in Chemistry alongside Japan\u2019s Susumu Kitagawa and Australia\u2019s Richard Robson for pioneering metal-organic frameworks (MOFs) \u2014 materials that can trap, store, and release gases such as carbon dioxide and hydrogen. Their discovery has laid the groundwork for tackling climate and energy challenges, including carbon capture and water harvesting in dry regions.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Berkeley professor is widely regarded as a pioneer in \u201creticular chemistry<\/strong>,\u201d the field behind MOFs and related materials that are being used in clean energy and environmental technologies. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Yaghi was born in Jordan to Palestinian refugee parents in 19<font face=\"Arial\">6<\/font>5<\/strong>. \"I grew up in a very humble home. We were a dozen of us in one small room, sharing it with the cattle that we used to raise,\" he told the Nobel Foundation in an interview. He moved into the US for the first time at the age of 15, and became a Saudi citizen in 2021 under a royal decree granting nationality to leading scientists and innovators.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>\"Science is the greatest equalizing force in the world<\/strong>,\" he added, urging that his journey is a testament to the fact that talents can thrive anywhere under the right conditions.<\/p>\n<p class=\"tag-border-left\">HAPPENING TODAY-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- The <\/strong><strong>General Authority for Statistics rolls out the Industrial Production Index for <\/strong><strong>August 2025 <\/strong><strong>today<\/strong>. The index rose 6.5% y-o-y <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/a98ffdb2-6aa8-40dc-a9cb-c833432df3f9\" style=\"\" rel=\"noopener\">in July<\/a>, supported by growth across the manufacturing, mining and quarrying sectors.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/webook.com\/en\/events\/riyadh-international-book-fair-2025-moc\" style=\"\" rel=\"noopener\">Riyadh International Book Fair<\/a><\/strong><strong> is on its eighth day today at Princess Nourah Bint <\/strong><strong>Abdul Rahman University.<\/strong> The event, which runs through next Saturday, features some 2k publishing houses from over 25 countries, with book signings, children\u2019s programs, and new business zones for publishers and literary agents also on the agenda.<\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WEATHER- Stormy skies ahead: <\/strong>Thunderstorms, hail, and strong winds are expected today across Jazan, Asir, Al Baha, Makkah, and Hail, with fog likely forming over these regions and parts of the Eastern Region. Dust-laden winds will persist in Madinah and Tabuk, while the southern Red Sea may see rough seas and rain-bearing thunderclouds.<\/p>\n<ul>\n<li>Riyadh: 35\u00b0C high \/ 22\u00b0C low,<\/li>\n<li>Jeddah: 36\u00b0C high \/ 26\u00b0C low<\/li>\n<li>Makkah: 40\u00b0C high \/ 29\u00b0C low.<\/li>\n<\/ul>\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> #1- <\/strong><strong>The Kingdom is in talks to secure up to USD 10 bn through a loan <\/strong><strong>arrangement<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-10-08\/saudi-government-is-said-to-seek-10-billion-in-rare-loan-deal\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported yesterday, citing people it said are familiar with the matter. The Finance Ministry is reportedly discussing the potential loan with several banks, including major Wall Street lenders, though no final decisions have been made.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Won\u2019t be a first:<\/strong> The Kingdom completed at least two sovereign loans of USD 10 bn or more since 2016, but it primarily relied on bond sales, raising some USD 20 bn so far this year, according to data from Bloomberg.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The proposed loan comes as the Kingdom faces a deep budget deficit and lower oil <\/strong><strong>prices<\/strong>, with Brent crude down nearly 12% this year to below USD 67 a barrel, well below the levels needed to balance the budget. The Finance Ministry expects to record a budget deficit of <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/527e03a9-5cc5-4829-a6b6-4262b1f8dab0\/\" style=\"\" rel=\"noopener\">SAR 245 bn<\/a> (5.3% of GDP) in 2025, compared to a SAR 101 deficit in its approved budget for the year, and more than doubling from <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/06620677-bc7e-4dc3-ba7b-5c00075f4fcb\/saudi-records-sar-57.7-bn%253cmark%253e-budget-deficit%253c%2Fmark%253e-in-4q-2024\" style=\"\" rel=\"noopener\">2024\u2019s SAR 115.6 bn deficit<\/a>.<\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt2\"><\/a> #2- <\/strong><strong>PIF lines up advisors for Site IPO: <\/strong>The Public Investment Fund (PIF) reportedly tapped Morgan Stanley and Riyad Capital to quarterback the planned IPO of its wholly-owned cybersecurity firm <a target=\"_blank\" href=\"https:\/\/site.sa\/\" style=\"\" rel=\"noopener\">Saudi Information Technology (Site)<\/a>, <a target=\"_blank\" href=\"https:\/\/www.semafor.com\/article\/10\/08\/2025\/pif-hires-banks-for-cybersecurity-firm-ipo\" style=\"\" rel=\"noopener\">Semafor<\/a> reports, citing people it says are familiar with the matter. The listing, which is due to take place next year, plays into the PIF\u2019s strategy to monetize mature portfolio companies and deepen Tadawul\u2019s sector diversity. The sovereign wealth fund reportedly <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/09abb8d4-ce18-4ffb-9194-0b0ab1b0e550\/drop-in-oil-revenues,-global-uncertainty-a-chance-to-take-stock-of-spending-priorities--aljadaan\" style=\"\" rel=\"noopener\">invited lenders<\/a> to pitch for roles on the IPO earlier in June. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Site: <\/strong>Founded in 2017, Site provides cybersecurity, cloud, and digital solutions to government and private-sector clients. The PIF-owned firm is currently developing the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/bc59d77d-78b0-4a7c-9c84-96a7c3d9282f\/opec%2B-agrees-on-another-output-hike\" style=\"\" rel=\"noopener\">some of the first Saudi-made cybersecurity products<\/a> \u2014 Rakeen and Metras \u2014 aimed at protecting devices and networks from cyberattacks, as part of a push to reduce reliance on foreign software providers and to build local expertise. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN CONTEXT- The Kingdom\u2019s finances are pressured by lower oil prices<\/strong>, driving the PIF to turn to asset sales \u2014 including planned IPOs for <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/1c55c7a4-ce77-4a0c-a7bd-1ad23a8256e0\" style=\"\" rel=\"noopener\">medical procurement firm Nupco<\/a>, port operator <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/d0a3467a-abf0-4f2c-8d69-2b65e3040ff1\/pif%25e2%2580%2599s%253cmark%253e-saudi-global-ports%253c%2Fmark%253e-taps-banks-for-potential-ipo\" style=\"\" rel=\"noopener\">Saudi Global Ports<\/a>, and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/8a3c56cc-ebf9-417c-8382-0816af5b9a75\/real-madrid-vs-barcelona-at-king-abdullah-sports-city-today#:~:text=Saudi%20Tabreed%20reportedly%20hired%20Citigroup%20and%20SNB%20Capital%20to%20manage%20a%20potential%20IPO\" style=\"\" rel=\"noopener\">Tabreed District Cooling<\/a> \u2014 as well as tapping debt markets to support Vision 2030. <\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt3\"><\/a> #3- <\/strong><strong>Riyadh Air to hit the skies this month:<\/strong> Saudi\u2019s highly-anticipated PIF-backed airline Riyadh Air is on track to launch its first regular flight effective 26 October \u2014 <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/355d8b0d-fce6-456c-a356-acae190e9afd\/%253cmark%253eriyadh-air%253c%2Fmark%253e-soon-to-fly%3F-%2B-arab-investment-company-is-on-exit-mode\" style=\"\" rel=\"noopener\">landing first in London Heathrow Airport<\/a>, CEO Tony Douglas told the <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/431ce383-348f-4f4a-9bd3-321043e5fb19\" style=\"\" rel=\"noopener\">Financial Times<\/a>. The carrier will debut tickets to airline and PIF staff family members \u2014 relying on launching the first flight on the airline\u2019s technical spare jets as it awaits the delivery of its first fully commissioned Boeing aircraft. After the new aircraft is integrated into the London route, a second route to Dubai is slated to be launched about a month later, Douglas said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> Despite global supply chain snags, the airline \u201cremains confident that [its] launch will stay on schedule, with aircraft deliveries and operations progressing as planned,\u201d a representative <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/061b659e-6c09-44b6-b65d-c1faf349358f\/%253cmark%253eriyadh-air%253c%2Fmark%253e-to-launch-this-year\" style=\"\" rel=\"noopener\">told EnterpriseAM last month<\/a>. Riyadh Air expects to uptake one new plane a month from Boeing over the next year \u2013 with some 182 aircraft on order from Boeing and Airbus.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Big plans ahead:<\/strong> The airline <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/d6ff6031-98b6-44dd-9743-a9518fd82d11\" style=\"\" rel=\"noopener\">voiced plans<\/a> back in June to serve 100 cities by 2030, aiming to add a destination every two months once it\u2019s operational. \u201cOur connectivity today isn\u2019t good enough,\u201d Douglas told the news outlet. The new route order hasn\u2019t been published as of yet, but the carrier will have to wait until it uptakes Airbus A350 \u2014 due for delivery in 2027 \u2014 to launch the longest flights.<\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt4\"><\/a> #4- <\/strong><strong>A new Saudi-Peru mining collab? <\/strong>Saudi Arabia and Peru are gearing up to sign an MoU in November to develop lithium and strategic minerals projects, Peru\u2019s Energy and Mines Minister Jorge Luis Montero told <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/peru-minister-touts-saudi-mining-interest-chevron-offshore-potential-2025-10-07\/\" style=\"\" rel=\"noopener\">Reuters<\/a>. The Kingdom is also exploring investment in desalination infrastructure to support mining operations, Montero said, adding that he will travel to Saudi Arabia with the Peruvian foreign minister Elmer Schialer next month to finalize the agreement.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Not the first this year:<\/strong> Aramco reportedly acquired <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/6dde5fbc-bf8a-4b06-9250-c49ac8c20436\/aramco-reportedly-acquires-primax,-expands-into%253cmark%253e-peru%253c%2Fmark%253e%25e2%2580%2599s-fuel-market\" style=\"\" rel=\"noopener\">Peru\u2019s downstream fuel distributor<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/6dde5fbc-bf8a-4b06-9250-c49ac8c20436\/aramco-reportedly-acquires-primax,-expands-into%253cmark%253e-peru%253c%2Fmark%253e%25e2%2580%2599s-fuel-market\" style=\"\" rel=\"noopener\">Primax<\/a>, in a transaction that included a payment of USD 3.5 bn last March. The oil giant also holds a 17.2% indirect stake in Peru LNG after increasing its ownership in EIG\u2019s MidOcean Energy to 49% in September of last year.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Big lithium plans: <\/strong>Aramco wants to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/8d139399-47f2-452e-a556-6e70cec24288\/going-fast-and-furious-with-usd-100-bn-mining-push\" style=\"\" rel=\"noopener\">ramp up its investments<\/a> in lithium production, and signed a non-binding heads of agreement with Ma\u2019aden to form a lithium extraction JV by 2027.<\/p>\n<p class=\"tag-border-left\">DATA POINTS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- <\/strong><strong>Consumer spending via point-of-sale (PoS) transactions in the Kingdom jumped <\/strong><strong>26.4% w-o-w in the week ending 4 October<\/strong>, reaching SAR 16.1 bn, the highest level in about 26 weeks, according to Saudi Central Bank\u2019s <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/10\/457.pdf\" style=\"\" rel=\"noopener\">latest weekly report (pdf)<\/a>. The number of transactions also rose 14.3% w-o-w to 253 mn during the week.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details: <\/strong>Food and beverage accounted for the largest share of spending, rising 44.5% w-o-w to just under SAR 2.7 bn, followed by restaurants and cafes, which grew 12.1% w-o-w to just under SAR 1.8 bn. Education spending more than doubled, surging 110.0% w-o-w to SAR 238.2 mn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Riyadh recorded the highest value of PoS transactions at SAR 5.5 bn<\/strong>, followed by Jeddah at SAR 2.1 bn.<\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong><strong>The Kingdom\u2019s total cement sales rose 14% y-o-y to 4.8 mn tons in September<\/strong><strong> 2025<\/strong>, supported by a 13% increase to 4.7 mn tons in domestic sales, according to <a target=\"_blank\" href=\"https:\/\/www.yamamacement.com\/Reports\/FullReport?IsRequested=True&amp;FirstYear=2024&amp;FirstMonth=9&amp;SecondYear=2025&amp;SecondMonth=9&amp;Region=0&amp;ReportType=0\" style=\"\" rel=\"noopener\">data from Yamama Cement<\/a>. Meanwhile, cement exports jumped 47% to 137k tons.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>By the numbers: <\/strong>Yamama Cement saw the steepest y-o-y growth in domestic sales at 87% over the month, followed by Hail Cement at 44% and Saudi Cement at 34%, while Al Jouf Cement (-35%) and City Cement (-20%) recorded the largest declines. Saudi cement led exports with 109k tons, followed by Najran Cement with 27k tons.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- <\/strong>Clinker production fell 3% y-o-y to 4.7 mn tons, while inventories slipped 2% to 44.2 mn tons. Yanbu Cement led in clinker exports with 382k tons, followed by Saudi Cement with 143k tons, while Southern Province Cement reported the largest clinker inventory at 7.2 mn tons.<\/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 and Hassan Allam Properties.<\/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>, and the MENA <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\" style=\"\" rel=\"noopener\">logistics<\/a> industry?<\/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 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><a id=\"wwtt5\"><\/a> Israel and Hamas have reached an agreement on the first phase of US President Don<\/strong><strong>ald Trump\u2019s peace plan<\/strong>, paving the way for a ceasefire and for hostages and prisoners to be exchanged within 72 hours. The breakthrough in talks \u2014 which took place over three days in Sharm El Sheikh in Egypt, and were brokered by the US and Qatar \u2014 should also see Israel withdraw its troops to an \u201cagreed upon area,\u201d and the resumption of humanitarian aid to Gaza. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Hamas confirmed the agreement had taken place<\/strong>, and thanked the brokers, including Trump, in a massive shift in tone, while Israel is set to convene its government today to ratify the agreement. Trump could also be coming to the region to celebrate the breakthrough, sources said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The caveats are still there: <\/strong>Earlier ceasefires have broken down due to Israel\u2019s ongoing attacks in Gaza, so Hamas will be looking for clearer timelines and assurances of Israel\u2019s withdrawal. The question of Hamas\u2019 disarmament \u2014 which was one key point in Trump\u2019s plan \u2014 and the interim government of technocrats, chaired by Trump, are still contentious, and will need time to iron out. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The story is everywhere in the foreign press:<\/strong> <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-10-08\/trump-says-israel-hamas-agreed-to-hostage-release-in-peace-plan?srnd=homepage-middle-east\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/2bb3275c-6844-4505-9fc2-2942c2203777\" style=\"\" rel=\"noopener\">Financial Times<\/a> | <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/gaza-live-trump-says-israel-hamas-agree-first-phase-plan-end-war-2025-10-08\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/world\/middle-east\/trump-travel-middle-east-gaza-peace-deal-81e18ccd\" style=\"\" rel=\"noopener\">Wall Street Journal<\/a> | <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/live\/2025\/10\/08\/world\/israel-hamas-gaza-ceasefire\" style=\"\" rel=\"noopener\">New York Times<\/a> | <a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/egypt-gaza-talks-kushner-witkoff-israel-hamas-news-10-08-2025-ac80d3ed50ff2a9b4106ab5e13156651\" style=\"\" rel=\"noopener\">AP<\/a> <\/p>\n<p class=\"tag-border-left\"> CIRCLE YOUR CALENDAR-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/forbesmiddleeastevents.com\/womens-summit-riyadh\/\" style=\"\" rel=\"noopener\">Forbes Middle East Women\u2019s Summit<\/a><\/strong><strong> returns to Riyadh on 2-3 November at the <\/strong><strong>Fairmont Riyadh Hotel.<\/strong> The two-day event will gather 90 female leaders from the Kingdom and beyond for panels on diplomacy, leadership, innovation, entrepreneurship, and AI, featuring executives from Visa, Oracle, Cenomi Centers, and the University of Manchester, Dubai. The summit will conclude with an awards ceremony celebrating women driving transformation across the region. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>PLUS: Saudi reportedly in talks to secure USD 10 bn loan<\/p>\n","protected":false},"author":1,"featured_media":101296,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2540],"tags":[9],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-101295","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"abce7c6a-f7d3-4e38-975b-07970552e093","order":"2","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2025\/10\/476.jpg","photo_position":"above","homepage_title":"","full_issue_title":"THIS MORNING: Saudi national Omar Yaghi gets a Nobel in Chemistry + Gaza agreement reached","related_issue":[101293],"teaser":"PLUS: Saudi reportedly in talks to secure USD 10 bn loan","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/10\/.adebc395-9297-4269-bafc-926ceef6b648.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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