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Plus: G42’s USD 1 bn geothermal data center in Kenya hits another speedbump
Author Archives: enterpriseam admin
Posted inCALENDAR
May 2026 21 May — Central Bank of Egypt monetary policy decision. Egypt 25 May — Independence Day (public holiday, markets closed). Jordan 27-30 May — Eid Al Adha (public holiday, markets closed). Region-wide 28 May — Saudi Aramco ex-dividend date. Saudi Arabia June 2026 7 June — OPEC+ ministerial meeting. Vienna/Virtual 9 June — […]
Posted inOPENING NOTE
Bollywood and tech
There’s a distinct Bollywood-and-tech beat to this morning’s issue, including a look at why rising outsourcing revenues in India should give Egypt and Jordan significant pause — and a sit-down with a top Zoho exec about what drove the SaaS giant to open a UAE data center. Also on our mind this morning: A squadron […]
Posted inOPINION
The decoupling of revenue and headcount: What India’s export-oriented IT headcount slump means for MENA
Decision-makers in Egypt, Morocco, and Jordan think they can climb the value chain to stay ahead of AI, but the tech is moving faster than any workforce can retrain — setting their national employment strategy up for massive failure
Posted inMARKET WATCH
2026’s largest US tech IPO has Abu Dhabi's AI thesis riding on it
UAE demand makes up 86% of the AI chipmaker’s revenue
Posted inTech
Zoho rolls out UAE data centers as Gulf data sovereignty demands tighten
The Indian software major is expanding its local-first approach across the Gulf to meet growing regulatory and public sector demands for data sovereignty
Posted inMARKET WATCH
Oman’s sovereign fund secures stakes in Turkish mining, defense players
The transaction is carried out by a 50-50 JV fund between Oman Investment Authority and the Turkish army’s pension fund Oyak
Posted inMARKETS + DEALS
Aramco’s net income posts 25% y-o-y growth in 1Q despite Hormuz disruptions
Higher oil prices outweighed any losses in export volumes
Posted inALSO ON OUR RADAR
DP World secures last-minute extension for its Thai port concession
Plus: Egypt and Jordan are backing Levant gas access with new infrastructure moves
Posted inWHAT WE’RE TRACKING
Egypt is looking at USD 19 bn investments in oil and gas over three years
Plus: Libya refinery resumed operations after localized armed clashes forced a two-day shutdown