Good morning, wonderful people, and welcome to our first ‘live’ issue of EnterpriseAM MENA+. We’re leaving beta this morning — dispatching to thousands of C-suite decisionmakers across our region and in financial centers around the world. (Thank you to everyone who joined us the past couple of months for our zero issues. Your feedback has […]
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Saudi salary premium is shrinking as the Saudi-UAE talent war matures
The shift is likely driven by the scaling back of giga projects
Newly cost conscious, Saudi is turning to Egyptian builders to deliver on its housing ambitions
As Riyadh targets 305k new homes by 2034, first-tier Egyptian contractors are being fast-tracked to bridge the Kingdom’s capacity gap.
Bahrain rolls out BHD 7 bn banking sector relief package
Borrowers will get debt relief for up to three months, whereas banks will have access to government-backed liquidity for up to six months
Lebanon + Israel hold peace talks as Iran, US consider next steps
The talks between Lebanon and Israel are the first direct negotiations in more than 40 years
Saudi corporates have an uneven 1Q earnings outlook
Because the conflict escalated during Ramadan, Sico believes its immediate impact on earnings may be smaller than expected
UAE + Saudi business sentiment remains resilient as investors recalibrate strategies -HSBC
AI readiness is now the main driving factor of new market choices for global investors
Abu Dhabi Inc pushes ahead with global dealmaking, signaling that it’s business as usual
Plus: The World Bank has USD 500 mn for Morocco
EBRD extends EUR 5 bn lifeline for war-affected economies
PLUS: Paris Criminal Court hands down terrorism finance ruling to Lafarge for Syria cement factory
IEA cuts outlook for oil demand as supply nosedives
PLUS: Higher inflation in Cairo + Muscat as luxury retail spending stumbles in Dubai