{"id":98782,"date":"2025-07-16T00:00:00","date_gmt":"2025-07-16T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2025\/07\/16\/fii-institute-ceo-resigned\/"},"modified":"2025-07-16T00:00:00","modified_gmt":"2025-07-16T00:00:00","slug":"fii-institute-ceo-resigned","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2025\/07\/16\/fii-institute-ceo-resigned\/","title":{"rendered":"FII Institute CEO resigned?"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning<\/strong>. Inflation saw a slight acceleration last month, although the usual suspect (we\u2019re looking at you, rent) is showing signs of a slowdown, which is good news for our real estate market that has been running hot for quite a while now.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Also in today\u2019s issue: <\/strong>PIF-backed Nesma &amp; Partners acquired Al Yusr Industrial Contracting, advised by our friends at EFG Hermes. Al Yusr will continue to operate as an independent company within the group, but under newly tapped CEO Cristiano Tortelli.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AND- <\/strong>More 1H data is trickling in, and the Kingdom is firing on all cylinders, leading both MENA VC funding and GCC\u2019s IPO tally. Let\u2019s dive in.<\/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- Riyadh<\/strong> is expected to see a high of 45\u00b0C and a low of 30\u00b0C, while <strong>Jeddah<\/strong>\u2019s mercury will go as high as 40\u00b0C and as low as 28\u00b0C. <strong>Makkah<\/strong> will see a 42\u00b0C and a 33\u00b0C low. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a href=\"https:\/\/omny.fm\/shows\/making-it\/sahel-special-doing-it-differently\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/7\/985.jpg?ssl=1\"><\/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=\"wwtt1\"><\/a> #1- Did \u201cDavos in the Desert\u201d just lose its CEO? <\/strong>Penny Richards reportedly quit his position after only six months of moving into FII Institute\u2019s ranks, <a target=\"_blank\" href=\"https:\/\/www.semafor.com\/article\/07\/15\/2025\/saudis-new-davos-in-the-desert-boss-leaves-after-six-months\" style=\"\" rel=\"noopener\">Semafor<\/a> reports, citing an internal document and a source it says is in the know. No reasons were mentioned for Richards\u2019 sudden departure.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What now? <\/strong>Richard Attias will act as the CEO until a replacement can be picked, Semafor said. Attias \u2014 who helped found the institute years ago \u2014 is the founder and chairman of PIF majority-owned events and advisory outfit Richard Attias &amp; Associates, which produced every edition of the Kingdom\u2019s star-studded Future Investment Initiative (FII) summit.<\/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><a target=\"_blank\" href=\"https:\/\/egypteducationplatform.com\/\" style=\"\" rel=\"noopener\">Egypt<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/egypteducationplatform.com\/\" style=\"\" rel=\"noopener\">Education Platform<\/a><\/strong><strong> (EEP) <\/strong><strong>is expanding into the Saudi market with plans to operate <\/strong><strong>six schools in Riyadh<\/strong>, CEO Ahmed Wahby told Asharq Business (<a target=\"_blank\" href=\"https:\/\/asharqbusiness.com\/videos\/89949\/%D9%85%D8%B5%D8%B1-%D9%84%D9%84%D8%AA%D8%B9%D9%84%D9%8A%D9%85-%D8%AA%D8%AF%D8%AE%D9%84-%D8%A7%D9%84%D8%B3%D8%B9%D9%88%D8%AF%D9%8A%D8%A9-%D8%A8%D8%B9%D8%AF%D8%AF-6-%D9%85%D8%AF%D8%A7%D8%B1%D8%B3-%D9%88%D8%AA%D8%B3%D8%AA%D9%87%D8%AF%D9%81-%D8%A3%D8%B3%D9%88%D8%A7%D9%82%D8%A7-%D8%B9%D8%A7%D9%84%D9%85%D9%8A%D8%A9\/\" style=\"\" rel=\"noopener\">watch, runtime: 3:52<\/a>). The company will take over the management of four existing schools in September 2026 and launch two new ones in September 2027, the first step in a broader strategy to expand into other Gulf and international markets, Wahby said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong><a target=\"_blank\" href=\"http:\/\/www.spark-eg.com\/\" style=\"\" rel=\"noopener\">Spark Egypt for Training and Development<\/a>, led by the EEP team, is managing and overseeing a USD 300 mn fund launched by EFG Hermes in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/f9b09187-36fb-4618-bd96-fd3fb19162b1\/efg-hermes-launches-usd-300-mn,-saudi-focused%253cmark%253e-education%253c%2Fmark%253e-fund\" style=\"\" rel=\"noopener\">November 2024<\/a> aimed at building a regional K-12 education operator. The fund aims to deploy USD 300 mn over the next three years with a primary focus on the Kingdom, alongside its ventures in the UAE and Bahrain. <\/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>Syria will ban trucks coming from the Kingdom and Egypt from entering its<\/strong><strong> territory <\/strong><strong>starting 20 July<\/strong>, Director of Relations at the General Authority for Land and Sea Ports in Syria Mazen Alloush told the <a target=\"_blank\" href=\"https:\/\/sana.sy\/en\/?p=364475\" style=\"\" rel=\"noopener\">Syrian Arab News Agency<\/a> (SANA) reports. Goods will instead be offloaded at the border for transfer. The move comes in response to ongoing restrictions on Syrian trucks entering both countries. <\/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>#4- <\/strong><strong>J<\/strong><strong>izan has received 10 people rescued from the Greek vessel Eternity C<\/strong>, which was attacked by the Houthis in the Red Sea, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/search-called-off-crew-houthi-hit-ship-maritime-agencies-say-2025-07-13\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported yesterday. Another 15 people are missing following a two-day attack by sea drones and rocket-propelled grenades.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background: <\/strong>Earlier this month, 22 people on board commercial vessel <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/1f35edd9-ecae-4cba-9051-6f4591146eae\/alinma-bank-is-gearing-up-for-usd-denominated-sukuk-issuance#:~:text=Twenty%2Dtwo%20people%20onboard%20a%20commercial%20vessel%20have%20been%20rescued%20by%20an%20AD%20Ports%2Doperated%20ship%20following%20a%20distress%20call\" style=\"\" rel=\"noopener\">Magic Seas<\/a> were rescued in the Red Sea by an AD Ports-operated ship after the vessel was attacked by the Yemen\u2019s militant group.<\/p>\n<p class=\"tag-border-left\">CABINET WATCH-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;orphans:2;widows:2;text-align:left\"><strong>King Salman chaired a mostly uneventful Cabinet meeting yesterday<\/strong>, during which the council approved MoUs and agreements with the UAE, Somalia, and Denmark, among others. The session saw the approval of amendments to the laws of Notarization and Arbitration laws, as well as the Code of Law Practice, to align with the provisions of the Civil Transactions Law. Details on the amendments are likely to show up in the Umm Al Qura gazette soon.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;orphans:2;widows:2;text-align:left\"><strong>ALSO-<\/strong> The cabinet approval of the regulation for the Medical Referrals Center, and extended the Facilitated Mortgage Program for an additional three years.<\/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>Saudi Arabia leads MENA sustainable bond issuances in 1H: <\/strong>Saudi Arabia led the region with USD 6.3 bn in green, social, sustainable, and sustainability-linked (GSSS) bonds in 1H 2025, accounting for the lion's share of regional activity, <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/capital-markets\/bonds\/saudi-arabia-uae-lead-sustainable-bond-issuances-in-mena-amf6uilb\" style=\"\" rel=\"noopener\">Zawya<\/a> reports, citing Bloomberg\u2019s Capital Markets League Tables.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The regional picture:<\/strong> Overall regional GSSS volume declined 4.4% y-o-y to USD 9.5 bn, amid a slowdown in activity from Egypt and Qatar. Islamic instruments made up USD 6.8 bn of the total, while AT1 sukuk reached USD 3.2 bn \u2014 the highest 1H figure in five years. The UAE accounted for 34% of the total, issuing USD 3.2 bn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>The UAE and Saudi Arabia are expected to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/fb22ebb7-827e-4a0e-ad74-3be8162f6ab8\/uae,-saudi-arabia-to-lead-the-region%252525e2%25252580%25252599s-sustainable-bond-issuances-in-2025\" style=\"\" rel=\"noopener\">lead sustainable bond issuances<\/a> in the region this year, with total volumes forecast at USD18\u221223 bn.<\/p>\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>Opec tweak keeps Saudi in quota:<\/strong> The oil cartel relied on \u201csecondary sources\u201d in its latest monthly oil market <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/7\/1072.pdf\" style=\"\" rel=\"noopener\">report (pdf)<\/a> to report Saudi oil production for June at just shy of 9.4 mn bbl \/ d, keeping it below its Opec+ quota. The secondary sources seem to have relied on supply-to-market in calculating the figure, in a rare departure from the usual wellhead production figures, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-07-15\/opec-partly-pushes-back-against-reports-of-saudi-output-surge\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports, citing sources it said are familiar with the matter.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI- <\/strong>The Energy Ministry asked independent oil trackers <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/c39034c7-4c8e-4c48-a71a-ef8947f7dd1d\/iea,-energy-ministry-tell-different-tales-on-june-oil-output\" style=\"\" rel=\"noopener\">earlier this week<\/a> to report its June output using the alternative metric, citing a marketed supply of 9.35 mn bbl \/ d. The Ministry acknowledged Saudi briefly pumped extra oil into storage due to geopolitical tensions, but said the extra supply did not reach the market.<\/p>\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>#1- <\/strong><strong>Portu<\/strong><strong>gal\u2019s <\/strong><strong>Jorge Jesus is now Al Nassr FC\u2019s head coach<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/x.com\/AlNassrFC_EN\/status\/1944821881850433549\" style=\"\" rel=\"noopener\">post on X<\/a>. Al Nassr inked a one-year contract with the 70-year-old Jesus, who is succeeding Italian Stefano Pioli, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/sports\/soccer\/portuguese-jesus-returns-saudi-al-nassr-coach-2025-07-14\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Monday.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Moving between rivals: <\/strong>The move comes two months after Jesus and Al Hilal <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/1f97f61e-5628-4a17-8cac-709f1609b67f\/opec%2B-pushes-forward-with-production-increase-in-june\" style=\"\" rel=\"noopener\">parted ways<\/a> following the team\u2019s defeat against Al Ahli, which won the 2025 AFC Champions League title. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Don seems to have played a part here<\/strong>, with Jesus <a target=\"_blank\" href=\"https:\/\/www.ojogo.pt\/1299281443\/al-nassr-oficializa-jorge-jesus-como-novo-treinador-e-cristiano-ronaldo-reage\/\" style=\"\" rel=\"noopener\">reportedly<\/a> saying that \u201cwithout Ronaldo\u2019s invitation, I wouldn't be at Al Nassr.\u201d<\/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 <\/strong><strong>Honor of Kings World Cup 2025 officially started in Riyadh as part of the<\/strong><strong> Esports <\/strong><strong>World Cup<\/strong>, according to EWC\u2019s <a target=\"_blank\" href=\"https:\/\/x.com\/EWC_Extra\/status\/1944839157513171275\" style=\"\" rel=\"noopener\">post on X<\/a>. Sixteen teams are competing for a USD 3 mn prize, including top Chinese teams AG.AL and TT Global. The finals, taking place on 26 July, will feature a best-of-seven using the new Ultimate Battle draft mode.<\/p>\n<p><strong>The competition saw a star-studded opening<\/strong>, featuring performances by DINO of SEVENTEEN, Post Malone and others, as well as a collaboration between producer Alesso and cellist Tina Guo. The event's red carpet welcomed a slew of celebrities from the streaming, sports, and entertainment worlds.<\/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 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>There\u2019s no single big story abroad this morning<\/strong>, but a mix of new tariff updates, rising inflation in the US, and increased violence in southern Syria are getting a lot of attention. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Tariffs on pharma and semiconductor chips could come as soon as this month<\/strong>, with the pharma tariff coming in low at first before US President Donald Trump hikes them a year later once pharma firms have gotten a chance to regroup. Trump had previously floated a tariff on pharma that could reach as high as 200%, and said he plans to impose a 50% tariff on copper. (<a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-07-15\/trump-says-drug-tariffs-probable-by-aug-1-downplays-more-deals?srnd=homepage-middle-east&amp;embedded-checkout=true\" 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>Trump says we can expect two or three more trade agreements to be struck before 1 August<\/strong>, when reciprocal tariffs are set to go into effect, name-checking India as one that could materialize soon.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The US also reached an agreement with Indonesia<\/strong> that will see Indonesian imports face a 19% tariff, in exchange for bns in USD worth of committed purchases, including of Boeing jets and US energy. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/asia-pacific\/us-strikes-trade-deal-with-indonesia-trump-says-without-providing-details-2025-07-15\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/us-news\/2025\/jul\/16\/trump-says-indonesia-to-pay-19-tariffs-buy-50-boeing-jets-under-trade-deal\" 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- The impact of tariffs seem to have started to trickle down to consumers<\/strong>, with consumer prices rising 0.3% in the US last month. The latest data suggests the US Federal Reserve will keep holding off on rate cuts until inflation is back in check. (<a target=\"_blank\" href=\"https:\/\/www.wsj.com\/economy\/inflation-hit-2-7-in-june-in-line-with-expectations-8f92a8cd?mod=hp_lead_pos2\" style=\"\" rel=\"noopener\">Wall Street Journal<\/a> | <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/us\/feds-inflation-fears-may-start-be-realized-with-june-cpi-data-2025-07-15\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/65b1fb44-6391-4f74-82db-2d7eb6aaafa9\" style=\"\" rel=\"noopener\">Financial Times<\/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 attacked military targets in Syria and Lebanon<\/strong>, killing 12 people in Bekaa Valley in Lebanon, including several Hezbollah fighters, and ramping up tensions with the Syrian government, which condemned the attacks on the southern city of Sweida. Sweida had seen an escalation of violence amid clashes between Druze \u2014 who dominate the city \u2014 and Bedouin groups that have killed more than 100 people, according to the Syrian government. (<a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/world\/2025\/jul\/15\/israel-attacks-syrian-military-amid-deadly-clashes-between-druze-and-bedouin-clans\" style=\"\" rel=\"noopener\">Guardian<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bbc.com\/news\/articles\/c89e3j4e911o\" style=\"\" rel=\"noopener\">BBC<\/a> | <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2025\/07\/15\/world\/middleeast\/airstrikes-israel-syria-lebanon.html\" style=\"\" rel=\"noopener\">New York Times<\/a>) <\/p>\n","protected":false},"excerpt":{"rendered":"<p>PLUS: Egypt Education Platform is expanding into the Saudi market<\/p>\n","protected":false},"author":1,"featured_media":98783,"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":[10,9],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-98782","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today","tag-enterpriseam-ksa","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"d811f451-ba34-4e71-b77b-9fca2cf99009","order":"2","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2024\/10\/2678.jpg","photo_position":"above","homepage_title":"","full_issue_title":"THIS MORNING: FII Institute CEO resigned?","related_issue":[98780],"teaser":"PLUS: Egypt Education Platform is expanding into the Saudi market","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/7\/.ea7b0736-b263-4da6-91b1-6433b13c73a5.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>FII Institute CEO resigned? 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