{"id":94507,"date":"2025-02-18T00:00:00","date_gmt":"2025-02-18T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2025\/02\/18\/aiib-mulls-investments-in-gulf-rail-connection-project-fii-priority-summit-tomorrow\/"},"modified":"2025-02-18T00:00:00","modified_gmt":"2025-02-18T00:00:00","slug":"aiib-mulls-investments-in-gulf-rail-connection-project-fii-priority-summit-tomorrow","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2025\/02\/18\/aiib-mulls-investments-in-gulf-rail-connection-project-fii-priority-summit-tomorrow\/","title":{"rendered":"AIIB mulls investments in Gulf rail connection project + FII Priority summit tomorrow"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, wonderful readers<\/strong>. We have big news in today\u2019s issue in the mining and logistics sectors, as well as the Kingdom hosting high-profile diplomatic meetings.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE BIG STORIES HERE- <\/strong>Ma\u2019aden began construction on its SAR 28 bn phosphate facility in Wa\u2019ad Al Shamal, Dar Al Arkan and partners landed the biggest real estate auction this year, and Surj Sports snapped up a minority stake in UK-based Dazn. Let\u2019s dive in.<\/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- <\/strong><strong>The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/restatex.com\/#\" style=\"\" rel=\"noopener\">Restat<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/restatex.com\/#\" style=\"\" rel=\"noopener\">ex Real Estate Exhibition<\/a><\/strong><strong> kicked off yesterday at the Riyadh <\/strong><strong>International <\/strong><strong>Convention and Exhibition Center <\/strong>and runs until Thursday, 20 February, with participation from of 70 real estate, investment, banking, finance, engineering, and consulting firms, as well as government agencies will be in attendance. The platform will showcase real estate projects and investment prospects in the Saudi market.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- The three-day Capital Markets Forum \u2014 organized by Saudi Tadawul Group \u2014 kicks off <\/strong><strong>today<\/strong> at Riyadh\u2019s KAFD Conference Center, before moving to the Four Seasons Hotel Riyadh for the following two days.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>** EnterpriseAM will be at the Forum in Riyadh, Tuesday to Thursday.<\/strong> Feel free to drop us a line at awahid@enterprisemea.com \u2014 we\u2019d love to grab a coffee and chat about the latest in the industry.<\/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\">HAPPENING TOMORROW-<\/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- The three-day FII Priority summit, hosted by the Public Investment fund in Miami,<\/strong><strong> Florida, kicks off tomorrow. <\/strong>The event is set to bring together global financiers and tech executives, including TikTok CEO Shou Zi Chew, Oracle CEO Safra Catz, as well as PIF governor Yasir Al-Rumayyan. The summit will also reportedly feature an <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/2ff5cc31-9ec9-420f-a771-359aa536efdb\/\" style=\"\" rel=\"noopener\">in-person address<\/a> from US President Donald Trump.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong><strong>Saudi and Om<\/strong><strong>ani business leaders are set to gather in Muscat tomorrow for the <\/strong><strong>two <\/strong><strong>day <\/strong><strong>Saudi-Omani Joint Business Forum<\/strong>, according to <a target=\"_blank\" href=\"https:\/\/x.com\/CSC_SA\/status\/1891413298920206699\" style=\"\" rel=\"noopener\">a post on X<\/a> by the Federation of Saudi Chambers (FSC). The event \u2014 which is run by the FSC and the Oman Chamber of Commerce and Industry \u2014 looks to increase investments between Saudi and Oman and will see two-way meetings, panels, and field visits with the participation of some 75 business leaders.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- <\/strong><strong>The three-d<\/strong><strong>ay <\/strong><strong><a target=\"_blank\" href=\"https:\/\/saudimf.sa\/en\" style=\"\" rel=\"noopener\">Saud<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/saudimf.sa\/en\" style=\"\" rel=\"noopener\">i Media Forum<\/a><\/strong><strong> begins tomorrow in Riyadh and runs until Friday, 21 <\/strong><strong>February<\/strong>, alongside the two-day <a target=\"_blank\" href=\"https:\/\/saudimf.sa\/en\/fomex\" style=\"\" rel=\"noopener\">Future of Media Exhibition<\/a> (FOMEX 2025), bringing together industry leaders to explore advancements shaping the media landscape. The exhibition will host over 250 companies, showcasing innovations in broadcasting, digital content, and media infrastructure. Specialized zones will highlight AI, production technologies, and content creation.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WEATHER<\/strong><strong>- <\/strong>A foggy Riyadh will see a high of 17\u00b0C and a low of 12\u00b0C, while Jeddah will see winds and a 30\u00b0C high and 20\u00b0C low. Meanwhile, Makkah is expecting a 33\u00b0C high and 22\u00b0C low. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">PSAs- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- <\/strong><strong>Zatca will <\/strong><strong>refund Vat payments incurred while implementing public benefit projects<\/strong>, the authority said in a <a target=\"_blank\" href=\"https:\/\/zatca.gov.sa\/en\/MediaCenter\/News\/Pages\/news_1350.aspx\" style=\"\" rel=\"noopener\">statement<\/a>. Projects under the category include building mosques, healthcare centers, and educational facilities, among others. You can check eligibility and apply for refunds on <a target=\"_blank\" href=\"https:\/\/zatca.gov.sa\/ar\/eServices\/Pages\/eServices_015.aspx\" style=\"\" rel=\"noopener\">Zacta\u2019s website<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong><strong>Some<\/strong><strong> 24 ready-built factories in Al Ahsa\u2019s First Industrial City are now up for grabs <\/strong><strong>via Modon\u2019s new early booking service<\/strong>, Modon said in an <a target=\"_blank\" href=\"https:\/\/x.com\/modon_ksa\/status\/1891353230640066753\" style=\"\" rel=\"noopener\">X post<\/a>. Applications can be submitted <a target=\"_blank\" href=\"https:\/\/partner.modon.gov.sa\/\" style=\"\" rel=\"noopener\">here<\/a>.<\/p>\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=\"wwtt2\"><\/a> #1-<\/strong> <strong><a target=\"_blank\" href=\"https:\/\/www.aiib.org\/en\/index.html\" style=\"\" rel=\"noopener\">Asia<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.aiib.org\/en\/index.html\" style=\"\" rel=\"noopener\">n Infrastructure Investment Bank<\/a><\/strong><strong> (AIIB) is mulling investments in a Gulf rail connection projec<\/strong><strong>t<\/strong>, AIIB President Jin Lee Chun told <a target=\"_blank\" href=\"https:\/\/asharqbusiness.com\/financing-and-investment\/70796\/%D8%A7%D9%84%D8%A8%D9%86%D9%83-%D8%A7%D9%84%D8%A2%D8%B3%D9%8A%D9%88%D9%8A-%D9%85%D9%87%D8%AA%D9%85-%D8%A8%D8%AA%D9%85%D9%88%D9%8A%D9%84-%D8%B4%D8%A8%D9%83%D8%A7%D8%AA-%D8%A7%D9%84%D8%B3%D9%83%D9%83-%D8%A7%D9%84%D8%AD%D8%AF%D9%8A%D8%AF%D9%8A%D8%A9-%D9%81%D9%8A-%D8%A7%D9%84%D8%AE%D9%84%D9%8A%D8%AC\/\" style=\"\" rel=\"noopener\">Asharq Business<\/a>, adding that the bank is in talks with regional finance ministers. The bank is also looking to support the development of regional infrastructure projects and drive a transition to carbon neutrality in the Gulf, Chun added. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> The massive project lines up with Saudi Arabia\u2019s ongoing <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/cf6947ce-c413-4e55-a442-25231422967c\/usd-7-bn-saudi%253cmark%253e-land-bridge%253c%2Fmark%253e-megaproject-moves-ahead\" style=\"\" rel=\"noopener\">land bridge project<\/a>, which is set to connect the Kingdom\u2019s Red Sea coast to that of the Arab Gulf. The Saudi Railway Company (SAR) awarded a consortium that includes US-based construction management firm Hill International, Italian consulting firm Italferr, and Spanish engineering firm Sener the contract to manage the construction of the USD 7 Riyadh-Jeddah land bridge megaproject in late 2023.<\/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>PIF looks to<\/strong><strong> boost its private-sector links by increasing its contributions to local logistics <\/strong><strong>and transport outfits by 60% by the end of this year<\/strong>, Bakr Al Muhanna, head of transport and logistics for Mena investments at PIF, told <a target=\"_blank\" href=\"https:\/\/www.argaam.com\/en\/article\/articledetail\/id\/1790494\" style=\"\" rel=\"noopener\">Argaam<\/a>. The fund is specifically eyeing up potential investment options in the maritime transport, ports management and operations, and logistics sectors, aiming to sreamline the procurement of raw materials, manufacturing and distribution.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Adding on to a long list: <\/strong>The PIF already owns shares in the National Shipping Company (Bahri), Jeddah Islamic Port-operator Red Sea Gateway Terminal, and holds a 51% stake in Dammam 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>. The fund also set up <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/5261b26e-e759-43d6-9184-ec46b1506a08\" style=\"\" rel=\"noopener\">Folk Maritime<\/a> last year to support the Kingdom\u2019s maritime transport operations, Al Muhanna added. The PIF-backed firm is lining up a multi-mn USD fleet expansion over <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/c5723fa1-341e-4a4e-aaff-c6bf6cea549c\/%253cmark%253efolk-maritime%253c%2Fmark%253e-to-invest-usd-mns-in-fleet-expansion-over-the-next-five-years\" style=\"\" rel=\"noopener\">the next five years<\/a>. The PIF also snapped up a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/e3c039aa-21a5-4d73-8d80-69af6a1aeca7\/pif-acquires-40%2525-of%253cmark%253e-zamil-offshore%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">40% stake<\/a> in Zamil Offshore Services to support the Kingdom\u2019s maritime logistics sector last year, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/00b58622-1011-46db-9a86-fa4a0006572e\/saleh-alrajhi-&-foxconn-int%25e2%2580%2599l-tech-to-launch-usd-100-mn-jv-for-ev-charger-manufacturing\" style=\"\" rel=\"noopener\">with plans lined up<\/a> to upgrade its fleet and launch its services in new markets.<\/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> #3- <\/strong><strong>Saudi Arabi<\/strong><strong>a <\/strong><strong>is financing Yemen\u2019s USD 1 bn economic program<\/strong> with the Arab Monetary Fund (AMF), according to a <a target=\"_blank\" href=\"https:\/\/www.amf.org.ae\/ar\/news\/16-02-2025\/sndwq-alnqd-alrby-ywq-atfaqyt-aadt-hyklt-mdywnyt-aljmhwryt-alymnyt\" style=\"\" rel=\"noopener\">statement<\/a> from the AMF. The agreement, signed on the sidelines of the AlUla Conference on Emerging Market Economies, aims to restructure Yemen\u2019s debts with the AMF. The restructuring allows Yemen continued access to AMF resources.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- <\/strong><strong><a target=\"_blank\" href=\"http:\/\/www.rawasi-albina.com\/\" style=\"\" rel=\"noopener\">Rawasi<\/a><\/strong><strong><a target=\"_blank\" href=\"http:\/\/www.rawasi-albina.com\/\" style=\"\" rel=\"noopener\">Albina Investment<\/a><\/strong><strong>\u2019s board greenlit the company\u2019s decision to transition to <\/strong><strong>the <\/strong><strong>main 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=85291&anCat=1&cs=9547&locale=en\" style=\"\" rel=\"noopener\">filing<\/a> to Tadawul. The SAR 55 mn company\u2019s move is still subject to CMA approval and to fulfilling requirements.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">DATA POINTS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saudi Arab<\/strong><strong>ia Railways hit new highs in 2024: <\/strong>Saudi Arabia Railways (SAR) transported some 13.7 mn passengers in 2024, up 22% y-o-y, according to a SAR <a target=\"_blank\" href=\"https:\/\/x.com\/SARSaudiRailway\/status\/1891167256479985974\" style=\"\" rel=\"noopener\">statement on X<\/a>. Passenger trains also bolstered operations by 19% y-o-y to record over 35.6k trips, as well as transporting 2.2 mn pilgrims during the Hajj season. The Kingdom\u2019s freight operations were boosted by 15% y-o-y during the year, transporting 28.5 mn tons of goods and minerals.<\/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\"><a id=\"wwtt4\"><\/a><strong> Is Opec+ mulling another delay of supply hikes?<\/strong> Opec+ is mulling another delay of a series of monthly supply increases that are set to begin in April, with some fearing that global markets are too unstable to absorb a production increase, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-02-17\/opec-considers-delay-of-april-oil-supply-restart-delegates-say\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports, citing unnamed delegates. A final decision is expected in the coming weeks. Another decision to postpone the 120k bbl \/ d production increase would mark <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/769fe009-9ca8-453b-9cb0-509698b007f8\/riyadh-air-wants-more-widebody-jets-from-boeing-%2B-airbus\" style=\"\" rel=\"noopener\">the fourth time<\/a> that the group has decided to put off rolling back production caps which first came into effect in 2022, the business news information service said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Russia denies prospects of another delay:<\/strong> Russia\u2019s Deputy Prime Minister Alexander Novak insisted that Opec+\u2019 plan to restore a total of 2.2 mn bbl \/ d through monthly increases extending into late 2026 \u201cremains the same,\u201d Bloomberg said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It\u2019s not just Russia:<\/strong> Three unnamed Opec+ delegates told <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/opec-is-not-considering-delay-april-oil-supply-hike-novak-says-2025-02-17\/\" style=\"\" rel=\"noopener\">Reuters<\/a> that so far there have been no talks on delaying the increase, with one adding that oil markets will be braced to absorb extra supply starting April due to the tightening of sanctions and increasing demand from China. Meanwhile, Morgan Stanley and other analysts expect Opec+ to increase output levels. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER<\/strong>- Opec+ began withholding 5.85 mn bbl \/ d, or 5.7% of global supply, via a series of cuts beginning in 2022 with the aim of supporting markets. The <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/bcbe499a-5e67-420b-ae35-54ad983a4b36\/this-morning:-uk-prime-minister-lands-in-the-gcc-today\" style=\"\" rel=\"noopener\">latest extension of output cuts<\/a> through 1Q 2025 delayed production increases until April. The UAE was also allowed an increase of its production by 300k bbl \/ d from April 2025 instead of the beginning of the year as previously agreed.<\/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>Anxiety and anticipation continue on the international landscape this morning<\/strong>, as intricate negotiations over Ukraine, Gaza, and Lebanon continue to dominate headlines.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Ukraine summit stokes EU disagreements: <\/strong>The Paris-hosted crisis meeting saw European leaders clash over sending peacekeeping troops to Ukraine, a suggestion put forward by UK Prime Minister Keir Starmer earlier. German Chancellor Olaf Scholz called the discussion \u201can incomprehensible debate at the wrong time\u201d, while Italian PM Georgia Meloni doubted the measure\u2019s effectiveness.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EU leaders are scrambling to get on the Ukraine peace train<\/strong>, as senior US and Russian officials are set to meet in Riyadh today to lay the groundwork for a Trump-Putin summit aimed at ending the Ukraine war. (<a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/0deac72a-b6bb-40be-baf6-6eee081cf18e\" style=\"\" rel=\"noopener\">FT<\/a> | <a target=\"_blank\" href=\"https:\/\/www.axios.com\/2025\/02\/16\/us-russia-meeting-ukraine-war-expected-tuesday\" style=\"\" rel=\"noopener\">Axios<\/a>)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>MEANWHILE- US, China butt heads over Taiwan: <\/strong>\u201cWe do not support Taiwan independence,\u201d said a phrase removed from the US State Department website earlier this week in a claimed \u201croutine\u201d update. The removal elicited a rebuke from Beijing, which called it a \u201cserious regression\u201d on the issue, urging the US to \u201cimmediately correct its mistakes\u201d or risk \u201cfurther serious damage.\u201d (<a target=\"_blank\" href=\"https:\/\/www.semafor.com\/article\/02\/16\/2025\/us-state-departments-edits-language-on-taiwan-independence\" style=\"\" rel=\"noopener\">Semafor<\/a> | <a target=\"_blank\" href=\"https:\/\/edition.cnn.com\/2025\/02\/17\/china\/china-rebuke-us-state-department-taiwan-intl-hnk\/index.html\" style=\"\" rel=\"noopener\">CNN<\/a>)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>CLOSER TO HOME- Israel will remain in five \u201cstrategic\u201d spots inside Lebanon<\/strong>, in what Beirut deems a violation of the withdrawal mandated by the ceasefire agreement, due today. Israel, on the other hand, claims truce commitments including disarm Hezbollah were not fulfilled. (<a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-02-17\/israel-says-army-retreating-from-lebanon-but-for-five-outposts\" style=\"\" rel=\"noopener\">Bloomberg<\/a>) <\/p>\n","protected":false},"excerpt":{"rendered":"<p>PLUS: Saudi is financing Yemen\u2019s USD 1 bn Arab Monetary Fund program<\/p>\n","protected":false},"author":1,"featured_media":94508,"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":[10,357,1262,4011,9,806],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-94507","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today","tag-enterpriseam-ksa","tag-russia","tag-ukraine","tag-usa","tag-what-were-tracking-today","tag-yemen","wpautop","entry"],"acf":{"mongo_id":"b52f21e2-9d2c-49da-b772-6748c67d7f80","order":"2","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2025\/2\/1770.jpg","photo_position":"above","homepage_title":"","full_issue_title":"THIS MORNING: AIIB mulls investments in Gulf rail connection project + FII Priority summit tomorrow","related_issue":[94505],"teaser":"PLUS: Saudi is financing Yemen\u2019s USD 1 bn Arab Monetary Fund program","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/2\/.ed8e8a99-78dc-4e82-a3bd-e87f143a1fa0.mp3"},"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>AIIB mulls investments in Gulf rail connection project + FII Priority summit tomorrow - 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\/2025\/02\/18\/aiib-mulls-investments-in-gulf-rail-connection-project-fii-priority-summit-tomorrow\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AIIB mulls investments in Gulf rail connection project + FII Priority summit tomorrow\" \/>\n<meta property=\"og:description\" content=\"PLUS: Saudi is financing Yemen\u2019s USD 1 bn Arab Monetary Fund program\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/ksa\/2025\/02\/18\/aiib-mulls-investments-in-gulf-rail-connection-project-fii-priority-summit-tomorrow\/\" \/>\n<meta property=\"og:site_name\" content=\"KSA\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-18T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/1770.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"8 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/02\/18\/aiib-mulls-investments-in-gulf-rail-connection-project-fii-priority-summit-tomorrow\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/02\/18\/aiib-mulls-investments-in-gulf-rail-connection-project-fii-priority-summit-tomorrow\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"AIIB mulls investments in Gulf rail connection project + FII Priority summit tomorrow\",\"datePublished\":\"2025-02-18T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/02\/18\/aiib-mulls-investments-in-gulf-rail-connection-project-fii-priority-summit-tomorrow\/\"},\"wordCount\":1627,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/02\/18\/aiib-mulls-investments-in-gulf-rail-connection-project-fii-priority-summit-tomorrow\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/1770.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM KSA\",\"Russia\",\"Ukraine\",\"USA\",\"WHAT WE\u2019RE TRACKING TODAY\",\"Yemen\"],\"articleSection\":[\"WHAT WE\u2019RE TRACKING TODAY\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/02\/18\/aiib-mulls-investments-in-gulf-rail-connection-project-fii-priority-summit-tomorrow\/\",\"url\":\"https:\/\/enterpriseam.com\/ksa\/2025\/02\/18\/aiib-mulls-investments-in-gulf-rail-connection-project-fii-priority-summit-tomorrow\/\",\"name\":\"AIIB mulls investments in Gulf rail connection project + FII Priority summit tomorrow - KSA\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/02\/18\/aiib-mulls-investments-in-gulf-rail-connection-project-fii-priority-summit-tomorrow\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/02\/18\/aiib-mulls-investments-in-gulf-rail-connection-project-fii-priority-summit-tomorrow\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/1770.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2025-02-18T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/02\/18\/aiib-mulls-investments-in-gulf-rail-connection-project-fii-priority-summit-tomorrow\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/ksa\/2025\/02\/18\/aiib-mulls-investments-in-gulf-rail-connection-project-fii-priority-summit-tomorrow\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/02\/18\/aiib-mulls-investments-in-gulf-rail-connection-project-fii-priority-summit-tomorrow\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/1770.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/1770.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/02\/18\/aiib-mulls-investments-in-gulf-rail-connection-project-fii-priority-summit-tomorrow\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/ksa\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"AIIB mulls investments in Gulf rail connection project + FII Priority summit tomorrow\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#website\",\"url\":\"https:\/\/enterpriseam.com\/ksa\/\",\"name\":\"KSA\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/ksa\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#organization\",\"name\":\"KSA\",\"url\":\"https:\/\/enterpriseam.com\/ksa\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/42482.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/42482.svg\",\"caption\":\"KSA\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/ksa\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"AIIB mulls investments in Gulf rail connection project + FII Priority summit tomorrow - KSA","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/ksa\/2025\/02\/18\/aiib-mulls-investments-in-gulf-rail-connection-project-fii-priority-summit-tomorrow\/","og_locale":"en_US","og_type":"article","og_title":"AIIB mulls investments in Gulf rail connection project + FII Priority summit tomorrow","og_description":"PLUS: Saudi is financing Yemen\u2019s USD 1 bn Arab Monetary Fund program","og_url":"https:\/\/enterpriseam.com\/ksa\/2025\/02\/18\/aiib-mulls-investments-in-gulf-rail-connection-project-fii-priority-summit-tomorrow\/","og_site_name":"KSA","article_published_time":"2025-02-18T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2025\/2\/1770.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"8 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/ksa\/2025\/02\/18\/aiib-mulls-investments-in-gulf-rail-connection-project-fii-priority-summit-tomorrow\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/ksa\/2025\/02\/18\/aiib-mulls-investments-in-gulf-rail-connection-project-fii-priority-summit-tomorrow\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"AIIB mulls investments in Gulf rail connection project + FII Priority summit tomorrow","datePublished":"2025-02-18T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/ksa\/2025\/02\/18\/aiib-mulls-investments-in-gulf-rail-connection-project-fii-priority-summit-tomorrow\/"},"wordCount":1627,"publisher":{"@id":"https:\/\/enterpriseam.com\/ksa\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/ksa\/2025\/02\/18\/aiib-mulls-investments-in-gulf-rail-connection-project-fii-priority-summit-tomorrow\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/2\/1770.jpg?fit=%2C&ssl=1","keywords":["EnterpriseAM KSA","Russia","Ukraine","USA","WHAT WE\u2019RE TRACKING TODAY","Yemen"],"articleSection":["WHAT WE\u2019RE TRACKING TODAY"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/ksa\/2025\/02\/18\/aiib-mulls-investments-in-gulf-rail-connection-project-fii-priority-summit-tomorrow\/","url":"https:\/\/enterpriseam.com\/ksa\/2025\/02\/18\/aiib-mulls-investments-in-gulf-rail-connection-project-fii-priority-summit-tomorrow\/","name":"AIIB mulls investments in Gulf rail connection project + FII Priority summit tomorrow - KSA","isPartOf":{"@id":"https:\/\/enterpriseam.com\/ksa\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/ksa\/2025\/02\/18\/aiib-mulls-investments-in-gulf-rail-connection-project-fii-priority-summit-tomorrow\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/ksa\/2025\/02\/18\/aiib-mulls-investments-in-gulf-rail-connection-project-fii-priority-summit-tomorrow\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/2\/1770.jpg?fit=%2C&ssl=1","datePublished":"2025-02-18T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/ksa\/2025\/02\/18\/aiib-mulls-investments-in-gulf-rail-connection-project-fii-priority-summit-tomorrow\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/ksa\/2025\/02\/18\/aiib-mulls-investments-in-gulf-rail-connection-project-fii-priority-summit-tomorrow\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/ksa\/2025\/02\/18\/aiib-mulls-investments-in-gulf-rail-connection-project-fii-priority-summit-tomorrow\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2025\/2\/1770.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/2\/1770.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/ksa\/2025\/02\/18\/aiib-mulls-investments-in-gulf-rail-connection-project-fii-priority-summit-tomorrow\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/ksa\/"},{"@type":"ListItem","position":2,"name":"AIIB mulls investments in Gulf rail connection project + FII Priority summit tomorrow"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/ksa\/#website","url":"https:\/\/enterpriseam.com\/ksa\/","name":"KSA","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/ksa\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/ksa\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/ksa\/#organization","name":"KSA","url":"https:\/\/enterpriseam.com\/ksa\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/42482.svg","contentUrl":"https:\/\/ent.news\/internal\/42482.svg","caption":"KSA"},"image":{"@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/ksa\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2025\/2\/1770.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2025\/2\/1770.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/ksa\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2025\/2\/1770.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/posts\/94507","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/comments?post=94507"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/posts\/94507\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/issue\/94505"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/media\/94508"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/media?parent=94507"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/categories?post=94507"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/tags?post=94507"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/brand?post=94507"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=94507"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}