{"id":105821,"date":"2026-02-15T00:00:00","date_gmt":"2026-02-15T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2026\/02\/15\/this-morning-is-midad-energy-the-frontrunner-for-lukoils-portfolio\/"},"modified":"2026-02-15T00:00:00","modified_gmt":"2026-02-15T00:00:00","slug":"this-morning-is-midad-energy-the-frontrunner-for-lukoils-portfolio","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2026\/02\/15\/this-morning-is-midad-energy-the-frontrunner-for-lukoils-portfolio\/","title":{"rendered":"THIS MORNING: Is Midad Energy the frontrunner for Lukoil\u2019s portfolio?"},"content":{"rendered":"

Good morning, ladies and gents<\/strong>. With less than a week until the holy month, there\u2019s not much going on out there, with one (surprising) exception.<\/p>\n

The big story today: <\/strong>We have a new investment minister. Fahd Al Saif, PIF exec and debt program engineer, is replacing Khalid Al Falih to lead the Kingdom\u2019s FDI push. Al Saif takes on the difficult task of shoring up Saudi FDI inflows, which are lagging behind FinMin\u2019s targets \u2014 and the hope is he can replicate his success in developing access to debt capital markets.<\/p>\n

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We\u2019re hiring a technology reporter:<\/strong> EnterpriseAM is looking for a tech reporter to own the beat across Egypt, the UAE, Saudi Arabia, and beyond.<\/p>\n

This is a reporting job \u2014 not a desk job. <\/strong>You\u2019ll be working sources, breaking stories, and writing about trendlines (not just headlines) in our voice and with the authority our readers expect. AI and digital infrastructure are huge features of the beat, but our interests are broad: fintech, telecoms, regulation, SaaS, and the bajillion ways tech is reshaping how businesses operate across the region.<\/p>\n

We want someone who can pick up the phone or WhatsApp<\/strong>, get people talking, and turn what they say into stories that senior decision-makers need to read. We also expect you to attend industry events and maintain relationships with PR folks across the industry without selling out. If you\u2019ve got 2-3 years of experience and the hunger to build a beat from the ground up, we want to hear from you. We\u2019re also interested in hearing from veteran reporters. Spoken Arabic is strongly preferred.<\/p>\n

The role is based in Cairo<\/strong>, though we\u2019re open to remote for the right candidate. If you\u2019re reading EnterpriseAM, you know what we\u2019re about: a no-BS daily news outlet that tells busy execs, investors, founders, and ambitious people what they need to know about the trends shaping business, economy, finance, regulation, and public policy across our region. We write stories that have impact \u2014 about issues that matter \u2014 for a global audience of decision-makers.<\/p>\n

Do we sound like the type of place where you want work?<\/strong> Send your CV and three clips to jobs@enterpriseamea.com. Also enclose a great cover letter that tells us who you are, what you do, and why you\u2019d be a great fit for this job.<\/p>\n

***<\/p>\n

News triggers<\/p>\n

Gastat set to roll out fresh inflation data today:<\/strong> The General Authority for Statistics (Gastat) is set to publish January\u2019s Consumer Price Index and Wholesale Price Index reports today, according to the state statistics agency\u2019s calendar<\/a>. The Kingdom\u2019s inflation rate rose to 2.1% in December<\/a>. <\/p>\n

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Happening today<\/p>\n

#1 The three-day <\/strong>World Advanced Manufacturing & Logistics<\/a><\/strong> (WAM Saudi) will kick <\/strong>off today at the Riyadh Front Exhibition & Front Center<\/strong>, bringing together more than 12k industry professionals, over 150 speakers and 8k C-level executives from some 45 countries.<\/p>\n

#2- It\u2019s day two of the <\/strong>Makkah Halal Forum<\/a><\/strong> at the Makkah Chamber Exhibitions and <\/strong>Events Center<\/strong>, hosting upwards of 10k visitors and more than 150 exhibitors. Under the theme \u201cHalal as a Professional Industry,\u201d the event will bring together government leaders, trade delegations, international companies and accreditation bodies. <\/p>\n

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WEATHER- <\/strong>Dust-raising winds will sweep across Tabuk, Al Jouf, the Northern Borders, Hail, Qassim, Riyadh, and the Eastern Province, lowering visibility in parts of these regions. Meanwhile, light rain is expected over the highlands of Makkah, Al Baha, Asir, and Jazan, with a chance of fog forming in some areas.<\/p>\n