{"id":113832,"date":"2026-04-06T00:00:00","date_gmt":"2026-04-06T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/menaplus\/?post_type=issue&#038;p=113832"},"modified":"2026-04-14T07:58:24","modified_gmt":"2026-04-14T07:58:24","slug":"outbidding-asian-hubs","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/menaplus\/issues\/outbidding-asian-hubs\/","title":{"rendered":"Outbidding Asian hubs"},"content":{"rendered":"<section id=\"113834\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"113834\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">1<\/div>\r\n\r\n                    <p class=\"f-graphik\">OPENING NOTE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/menaplus\/2026\/04\/06\/we-can-only-hope-that-trump-always-chickens-out\/\">\r\n                            TACO?                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/menaplus\/2026\/04\/06\/we-can-only-hope-that-trump-always-chickens-out\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/menaplus\/2026\/04\/06\/we-can-only-hope-that-trump-always-chickens-out\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/menaplus\/2026\/04\/06\/we-can-only-hope-that-trump-always-chickens-out\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=We can only hope that Trump Always Chickens Out&url=https:\/\/enterpriseam.com\/menaplus\/2026\/04\/06\/we-can-only-hope-that-trump-always-chickens-out\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/menaplus\/2026\/04\/06\/we-can-only-hope-that-trump-always-chickens-out\/&title=We can only hope that Trump Always Chickens Out\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=We+can+only+hope+that+Trump+Always+Chickens+Out+https%3A%2F%2Fenterpriseam.com%2Fmenaplus%2F2026%2F04%2F06%2Fwe-can-only-hope-that-trump-always-chickens-out%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/menaplus\/2026\/04\/06\/we-can-only-hope-that-trump-always-chickens-out\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-113834\" class=\"content-area-description single-story post-113834 post type-post status-publish format-standard hentry category-opening-note tag-enterpriseam tag-opening-note tag-strait-of-hormuz wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, wonderful people. <\/strong>Well, it\u2019s been nearly 17 hours and the hell that The Donald promised in his <a target=\"_blank\" href=\"https:\/\/truthsocial.com\/@realDonaldTrump\/116351998782539414\" style=\"\">unhinged, interfaith Easter message<\/a> is yet to come to pass. Praise be to Allah, indeed. The risk this time is that it\u2019s not a TACO play \u2014 he\u2019s set Tuesday as the deadline for Iran to reopen the Strait of Hormuz.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The private sector is feeling the pinch <\/strong>of the US-Israel war, with the purchasing managers\u2019 indexes for the UAE, Saudi, and Egypt in particularly grim territory. <strong>The Saudi PMI fared the worst<\/strong>: It\u2019s in negative territory for the first time since August 2020 as new orders crashed. The UAE gauge fared better, but was the worst in nearly four years, while sentiment in Egypt is at an all-time low. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Adding to the drumbeat of grim news: <\/strong>The 1H 2026 IPO window is now largely closed, bankers tell us. Companies in Saudi don\u2019t want to pay a premium to raise debt. And Emirates Global Aluminum, the UAE\u2019s biggest non-oil-and-gas industrial outfit, says it could take 12 months to bring its Al Taweelah facility back online.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>From Cairo to Brussels and New York, governments and investors don\u2019t know which way <\/strong><strong>is up. <\/strong>Egypt just moved to WFH Sundays, global private equity players say the <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/52ba3545-72ae-4bb6-86dd-1f892adccecf?syn-25a6b1a6=1\" style=\"\">war and the AI overhang have poisoned exits<\/a>, the EU is warning member states not to turn surging energy prices into a <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/cee4cbc8-95ff-4c10-83fa-a5bdb1833baf?syn-25a6b1a6=1\" style=\"\">fiscal crisis<\/a>. The end of history, indeed. \u2013Patrick<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/menaplus\/tag\/opening-note\/\">Opening Note<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/menaplus\/tag\/strait-of-hormuz\/\">Strait of Hormuz<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"113835\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"113835\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">TALENT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/menaplus\/2026\/04\/06\/mena-outbid-asian-hubs-for-capital-markets-talent-in-2025-will-it-hold-after-the-war\/\">\r\n                            Outbidding                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/menaplus\/2026\/04\/06\/mena-outbid-asian-hubs-for-capital-markets-talent-in-2025-will-it-hold-after-the-war\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/menaplus\/2026\/04\/06\/mena-outbid-asian-hubs-for-capital-markets-talent-in-2025-will-it-hold-after-the-war\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/menaplus\/2026\/04\/06\/mena-outbid-asian-hubs-for-capital-markets-talent-in-2025-will-it-hold-after-the-war\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=MENA+ outbid Asian hubs for capital markets talent in 2025 \u2014 will it hold after the war?&url=https:\/\/enterpriseam.com\/menaplus\/2026\/04\/06\/mena-outbid-asian-hubs-for-capital-markets-talent-in-2025-will-it-hold-after-the-war\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/menaplus\/2026\/04\/06\/mena-outbid-asian-hubs-for-capital-markets-talent-in-2025-will-it-hold-after-the-war\/&title=MENA+ outbid Asian hubs for capital markets talent in 2025 \u2014 will it hold after the war?\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=MENA%2B+outbid+Asian+hubs+for+capital+markets+talent+in+2025+%E2%80%94+will+it+hold+after+the+war%3F+https%3A%2F%2Fenterpriseam.com%2Fmenaplus%2F2026%2F04%2F06%2Fmena-outbid-asian-hubs-for-capital-markets-talent-in-2025-will-it-hold-after-the-war%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/menaplus\/2026\/04\/06\/mena-outbid-asian-hubs-for-capital-markets-talent-in-2025-will-it-hold-after-the-war\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/114110.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"114110\" data-permalink=\"https:\/\/enterpriseam.com\/menaplus\/2026\/04\/06\/mena-outbid-asian-hubs-for-capital-markets-talent-in-2025-will-it-hold-after-the-war\/herallowance\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/internal\/114110.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"Her,Allowance\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;HER ALLOWANCE&lt;\/p&gt;\n\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/internal\/114110.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/internal\/114110.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-113835\" class=\"content-area-description single-story post-113835 post type-post status-publish format-standard has-post-thumbnail hentry category-talent tag-capital-markets tag-enterpriseam tag-saudi-arabia tag-talent tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"> <strong>Middle East private-capital firms outbid Asia on compensation in 2025<\/strong>, with senior professionals pulling in up to USD 750k a year as firms leaned on pay to secure scarce talent, according to Heidrick &amp; Struggles\u2019 Asia Pacific &amp; Middle East Private Capital Investment Professional Compensation <a target=\"_blank\" href=\"https:\/\/ent.news\/2026\/4\/150.pdf\">Survey (pdf)<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Firms were competing for a narrow pool of dealmakers with execution and fundraising <\/strong><strong>track records<\/strong>, particularly as Abu Dhabi and Riyadh scale as talent hubs and absorb new funds and strategies.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>The open question: <\/strong>What the market for talent looks like as the war in the Gulf saps market energy. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Abu Dhabi and Riyadh were the top talent hubs last year: <\/strong>The top regional financial capitals of the region are increasingly pulling professionals from established hubs like Singapore and Hong Kong, the report said. As the region continued to grow its appeal as a private capital growth market, the UAE and Saudi saw an influx of international talent and sustained their dominance over regional senior talent.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>REMEMBER- This pair has already been in fierce competition for talent \u2014 and this <\/strong><strong>competition is now <\/strong><strong>maturing. <\/strong>The 25% compensation premium that once defined Saudi\u2019s talent push has recently narrowed to 5-10%, UAE-based recruitment agency Cooper Fitch\u2019s CEO Trefor Murphy previously told EnterpriseAM.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Zooming out: <\/strong>Base salaries and bonuses have risen for two consecutive years, with around two-thirds of surveyed firms reporting increases across both, the report said. That signals a sustained reset in pay levels rather than a one-off bidding war. Managing partners are averaging around USD 750k in total direct compensation, with partners and managing directors close behind at USD 719k, and principals at roughly USD 503k. Bonuses are also doing much of the work and, at the very top, can swing outcomes enough that some partners out-earn managing partners.<\/p>\n\n<p class=\"tag-border-left\">What about the day after?<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>It\u2019s less clear what will be in the bag for our region\u2019s dominance in the talent market once <\/strong><strong>the war is over<\/strong>. While the report penciled in a positive outlook for managing partners for the next 18 months, with nearly 78% of surveyed firms (before the war) expecting base salaries to rise further over this period, it notes it was written before the war hit the region, and that today \u201cmarket conditions have become markedly more uncertain.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>And there\u2019s good reason to believe that overall positive sentiment might hold: <\/strong>GCC governments will spend big as they work to burnish their positioning as safe destinations for both capital and people. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Those with thick skin will be especially rewarded:<\/strong> After the war, it\u2019s about who stayed in town and who managed to navigate the conflict. Those who can stay \u201cclear-headed\u201d and \u201ccurious\u201d despite the tensions around them will be the most sought-after talent, Shadi El Farr, regional managing partner at Heidrick &amp; Struggles, told <a target=\"_blank\" href=\"https:\/\/www.arabianbusiness.com\/finance\/middle-east-beats-asia-for-private-capital-pay-as-firms-use-salaries-to-win-talent\">Arabian Business<\/a>. <\/p>\n<p><strong>Big-picture thinking will also be rewarded and priced in<\/strong>, specifically operators who can read \u201cgeopolitical shifts, capital flows, and market dynamics as a single picture,\u201d El Farr said. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/menaplus\/tag\/capital-markets\/\">Capital Markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/menaplus\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/menaplus\/tag\/talent\/\">talent<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/menaplus\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"113836\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"113836\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">3<\/div>\r\n\r\n                    <p class=\"f-graphik\">Regulation<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/menaplus\/2026\/04\/06\/egypt-lifts-cap-on-banks-ownership-of-non-banking-financial-services-providers\/\">\r\n                            Gold rush incoming                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a 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data-image-title=\"1147.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/1\/1147.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/1\/1147.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-113836\" class=\"content-area-description single-story post-113836 post type-post status-publish format-standard has-post-thumbnail hentry category-regulation tag-banking tag-egypt tag-enterpriseam tag-regulation wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>We may soon see a bank-led rush on Egypt\u2019s finance sector<\/strong>, after the central bank lifted the 40% ownership cap on how much equity banks can own in non-banking finance firms, according to a decision reviewed by EnterpriseAM. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The updated list of Egyptian financial companies that are now fair game for banks:<\/strong> Securities firms, mortgage companies, securitization companies, factoring and leasing businesses, ins. companies, bureau de changes, money transfer services, payment companies, consumer finance activities, SME financing businesses, and fintechs offering non-bank financial services.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why this matters:<\/strong> Raising the ownership cap will allow banks to put more financial weight and industry know-how behind these companies, former Blom Bank Egypt deputy managing director Tarek Metwally tells EnterpriseAM. Being affiliated with an established bank can also help fintechs add credibility and support adoption of digital financial services, he added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The CBE will, by extension, see its oversight of these companies increase in tandem<\/strong>, which could help limit any potential undermining of market stability, former Industrial Development Bank chairman Maged Fahmy tells us. Because banks are already firmly under the supervision of the central bank, greater bank ownership of fintechs and other financial companies would extend this regulatory umbrella to a wider part of the market, Fahmy added. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s next? <\/strong>Expect to see a wave of acquisitions by banks targeting fintechs, money transfer companies, and businesses that specialize in lending to SMEs, Metwally tells us. The new rules are also expected to persuade banks to open up new subsidiaries and investment arms to expand in these sectors.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/menaplus\/tag\/banking\/\">Banking<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/menaplus\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/menaplus\/tag\/regulation\/\">Regulation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"113838\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"113838\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">MARKETS + DEALS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/menaplus\/2026\/04\/06\/pif-looks-to-protect-spacex-turf-as-elon-hurtles-toward-an-ipo\/\">\r\n                            PIF looks to protect SpaceX turf as Elon hurtles toward an IPO                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/menaplus\/2026\/04\/06\/pif-looks-to-protect-spacex-turf-as-elon-hurtles-toward-an-ipo\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/menaplus\/2026\/04\/06\/pif-looks-to-protect-spacex-turf-as-elon-hurtles-toward-an-ipo\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/menaplus\/2026\/04\/06\/pif-looks-to-protect-spacex-turf-as-elon-hurtles-toward-an-ipo\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=PIF looks to protect SpaceX turf as Elon hurtles toward an IPO&url=https:\/\/enterpriseam.com\/menaplus\/2026\/04\/06\/pif-looks-to-protect-spacex-turf-as-elon-hurtles-toward-an-ipo\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/menaplus\/2026\/04\/06\/pif-looks-to-protect-spacex-turf-as-elon-hurtles-toward-an-ipo\/&title=PIF looks to protect SpaceX turf as Elon hurtles toward an IPO\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=PIF+looks+to+protect+SpaceX+turf+as+Elon+hurtles+toward+an+IPO+https%3A%2F%2Fenterpriseam.com%2Fmenaplus%2F2026%2F04%2F06%2Fpif-looks-to-protect-spacex-turf-as-elon-hurtles-toward-an-ipo%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/menaplus\/2026\/04\/06\/pif-looks-to-protect-spacex-turf-as-elon-hurtles-toward-an-ipo\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/413.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"113839\" data-permalink=\"https:\/\/enterpriseam.com\/menaplus\/2026\/04\/06\/pif-looks-to-protect-spacex-turf-as-elon-hurtles-toward-an-ipo\/413-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/413.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"413.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/413.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/413.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-113838\" class=\"content-area-description single-story post-113838 post type-post status-publish format-standard has-post-thumbnail hentry category-markets-deals tag-enterpriseam tag-markets-deals tag-pif tag-spacex wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>PIF looks to <\/strong><strong>protect <\/strong><strong>its SpaceX turf with IPO anchor bid:<\/strong> The Public Investment Fund (PIF) is considering a USD 5 bn anchor investment in SpaceX\u2019s IPO, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/finance\/spacex-has-held-talks-with-saudi-fund-possible-5-billion-investment-ipo-sources-2026-04-02\/\" style=\"\">Reuters<\/a> reports, citing sources it says are familiar with the SWF\u2019s intentions. The move would partly protect PIF\u2019s stake of just under 1% in the company from dilution as the rocket company moves towards an IPO. <\/p>\n<p><strong>Background: <\/strong>Elon Musk\u2019s SpaceX is <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-04-01\/spacex-is-said-to-file-confidentially-for-ipo-ahead-of-ai-rivals\" style=\"\">reportedly<\/a> targeting a June IPO after its confidential filing with the US Securities and Exchange Commission last week. SpaceX is aiming to raise a record USD 75 bn in its debut \u2014 surpassing Aramco\u2019s record-breaking USD 29 bn offering back in 2019 and angling for a valuation of over USD 1.75 tn. Wealthy investors served by the underwriting banks are expected to form a large portion of the allocation, while as much as 30% could go to retail investors.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>PIF\u2019s new five-year strategy<\/strong> \u2014 to be formally announced in the upcoming weeks \u2014 <strong>is <\/strong><strong>expected to <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/ksa\/2026\/02\/11\/pif-wants-more-skin-in-the-diversification-game-at-the-private-sector-forum\/\" style=\"\">concentrate capital<\/a><\/strong><strong> into a smaller pool of portfolio companies<\/strong> and scale them into global champions across sectors such as logistics, mining, religious tourism, and AI. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The multi-bn USD investment also reinforces <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/ksa\/2026\/03\/29\/pif-signals-global-investments-still-going-strong-at-fii-miami\/\" style=\"\">PIF\u2019s commitment<\/a><\/strong> <strong> to its international <\/strong><strong>portfolio <\/strong><strong>despite the ongoing regional war<\/strong>, a message Governor Yasir Al Rumayyan reiterated at the FII event in Miami. The fund\u2019s global dealmaking continues, with PIF\u2019s Savvy Games also <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/ksa\/2026\/03\/24\/savvy-to-snap-up-bytedances-moonton-for-usd-6-bn\/\" style=\"\">nearing the close<\/a> of a USD 6 bn purchase of mobile game maker Moonton from TikTok maker ByteDance. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>MEANWHILE- Gulf sovereign wealth is moving into Hollywood in a massive way<\/strong>, with three major funds poised to back Paramount\u2019s <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/business\/deals\/three-gulf-funds-agree-to-back-paramounts-81-billion-takeover-of-warner-04eda364\" style=\"\"><\/a><a target=\"_blank\" href=\"https:\/\/www.wsj.com\/business\/deals\/three-gulf-funds-agree-to-back-paramounts-81-billion-takeover-of-warner-04eda364\" style=\"\">takeover of Warner Bros<\/a>. PIF, Abu Dhabi\u2019s <strong>L\u2019imad Holding<\/strong>, and the <strong>Qatar Investment Authority<\/strong> are committing a combined <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/ksa\/2025\/12\/09\/pif-is-backing-paramounts-hostile-takeover-of-wb\/\" style=\"\"><\/a><a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/ksa\/2025\/12\/09\/pif-is-backing-paramounts-hostile-takeover-of-wb\/\" style=\"\">USD 24 bn<\/a> to the deal, with PIF writing the biggest check at around USD 10 bn. The massive commitment fills the vacuum left when Netflix <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2026\/02\/27\/this-morning-adnoc-eyes-shell-lng-project-in-australia-more-headway-on-dubais-sewage-project\/\" style=\"\"><\/a><a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2026\/02\/27\/this-morning-adnoc-eyes-shell-lng-project-in-australia-more-headway-on-dubais-sewage-project\/\" style=\"\">reached a dramatic end<\/a> and walked away from its bid, putting GCC capital firmly at the heart of global media consolidation.<\/p>\n<p class=\"tag-border-left\">ALSO WORTH KNOWING TODAY- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egypt is making another run at its privatization program<\/strong> by submitting EGX listing documentation for five state-owned firms, including El Nahda Industries, Egyptian Ferroalloys, El Nasr Glass, El Nasr Mining, and Alexandria Refractories. The filings are part of a broader push to <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/04\/01\/egypt-to-temporarily-list-20-state-owned-companies-on-the-egx-this-month\/\" style=\"\"><\/a><a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/03\/18\/egypt-eyes-usd-3-4-bn-by-year-end-in-renewed-post-eid-privatization-push\/\" style=\"\">generate USD 3-4 bn<\/a> in divestment proceeds by year-end.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>State gas player Egas has inked a USD 500 mn<\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptMOPMR\/posts\/pfbid02PtY7B2Uav2obEwyJCJNMp6d7raEdEarfYfZabLR6kMibxJuB6B5U31sF7oDB9b2Dl\" style=\"\"><\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptMOPMR\/posts\/pfbid02PtY7B2Uav2obEwyJCJNMp6d7raEdEarfYfZabLR6kMibxJuB6B5U31sF7oDB9b2Dl\" style=\"\">final investment decision<\/a><\/strong><strong> with Arcius <\/strong><strong>Energy<\/strong> to develop the Harmattan gas field in the Mediterranean. Arcius is a joint venture between <strong>BP<\/strong> and <strong>Adnoc<\/strong>\u2019s investment arm, <strong>XRG<\/strong>. Arcius is slated to come online in 2028.<\/p>\n<p class=\"tag-border-left\">Market Snapshot<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Tadawul<\/strong> flat \u2022 <strong>ADX<\/strong> +0.2% \u2022 <strong>DFM<\/strong> -0.5% \u2022 <strong>EGX30<\/strong> +2.4%<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">Brent USD 111.41 \/ bbl \u2022 Gold USD 4,658.48 \/ oz \u2022 USD \/ SAR 3.7502 \u2022 USD \/ EGP 54.40<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/menaplus\/tag\/markets-deals\/\">Markets + Deals<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/menaplus\/tag\/pif\/\">PIF<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/menaplus\/tag\/spacex\/\">SpaceX<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"113840\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"113840\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">WAR WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/menaplus\/2026\/04\/06\/wartime-hormuz-crossings-peaked-over-the-weekend-but-its-a-far-cry-from-peacetime-rates\/\">\r\n                            Peak crossings                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/menaplus\/2026\/04\/06\/wartime-hormuz-crossings-peaked-over-the-weekend-but-its-a-far-cry-from-peacetime-rates\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" 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href=\"https:\/\/enterpriseam.com\/menaplus\/2026\/04\/06\/wartime-hormuz-crossings-peaked-over-the-weekend-but-its-a-far-cry-from-peacetime-rates\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2026\/3\/756.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"113841\" data-permalink=\"https:\/\/enterpriseam.com\/menaplus\/2026\/04\/06\/wartime-hormuz-crossings-peaked-over-the-weekend-but-its-a-far-cry-from-peacetime-rates\/756-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/3\/756.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"756.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/3\/756.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/3\/756.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-113840\" class=\"content-area-description single-story post-113840 post type-post status-publish format-standard has-post-thumbnail hentry category-war-watch tag-enterpriseam tag-iran tag-iraq tag-oman tag-shipping tag-war-watch wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A CAVEAT- Vessel tracking is being hampered by electronic interference<\/strong>, while some tankers are switching off AIS transponders in high-risk waters \u2014 reducing the reliability and timeliness of observed movements reported in the media. \u201cAIS tracking shows ships in locations where they are not and can disrupt compliance checks with false sanctioned flagging,\u201d senior purchaser at Unicore Sean Burgin previously told EnterpriseAM. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Iran\u2019s \u201cnon-hostile\u201d club:<\/strong> Countries like China, Russia, India, and Pakistan have been <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/mena-india\/2026\/03\/27\/tehran-allows-india-and-friendly-nations-limited-hormuz-passage\/\" style=\"\">allowed<\/a> transit under the \u201caligned with Iran\u201d logic, with negotiated passages with countries like <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/world\/2026\/mar\/27\/malaysian-vessels-permitted-to-travel-through-strait-of-hormuz-countrys-pm-says-after-talks-with-iran\" style=\"\">Malaysia and Thailand<\/a> \u2014 alongside ships carrying \u201c <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/iran-allows-essential-goods-vessels-its-ports-via-hormuz-strait-tasnim-says-2026-04-04\/\" style=\"\">essential goods<\/a>.\u201d After a day of the exemption, an oil tanker chartered by Malaysia\u2019s oil giant Petronas and loaded with 1 mn barrels of Basrah Heavy crude was seen <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/tanker-loaded-with-iraqi-crude-passes-through-hormuz-shipping-data-shows-2026-04-05\/\" style=\"\">passing<\/a> the strait. Other vessels linked to <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/b8f995fc-b292-451e-8c9e-3f77c66e070f?syn-25a6b1a6=1\" style=\"\">Malta<\/a>, India, and Oman have also passed through recently. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Iraq also announced it is <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-04-04\/iran-says-iraqi-ships-are-allowed-to-use-strait-of-hormuz?srnd=phx-industries-energy\" style=\"\">exempt<\/a><\/strong><strong> from crossing restrictions<\/strong>, potentially unlocking up to 3 mn bbl \/ d of exports \u2014 though it remains unclear whether this applies to all cargoes or only Iraqi tankers, and whether shipowners will take the risk to lift them. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Access is also becoming priced:<\/strong> Some tankers have reportedly paid around <a target=\"_blank\" href=\"https:\/\/nypost.com\/2026\/04\/02\/world-news\/only-a-handful-of-ships-are-trickling-through-the-strait-of-hormuz\/\" style=\"\">USD 1<\/a> per barrel through Iran\u2019s <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/logistics\/2026\/04\/01\/today-airspace-is-for-the-last-airlines-standing\/\" style=\"\">toll booth<\/a> play.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/menaplus\/tag\/iran\/\">Iran<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/menaplus\/tag\/iraq\/\">Iraq<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/menaplus\/tag\/oman\/\">Oman<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/menaplus\/tag\/shipping\/\">Shipping<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/menaplus\/tag\/war-watch\/\">WAR WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"113842\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"113842\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">ALSO ON OUR RADAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/menaplus\/2026\/04\/06\/also-on-our-radar-2\/\">\r\n                            Also on Our Radar                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/menaplus\/2026\/04\/06\/also-on-our-radar-2\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/menaplus\/2026\/04\/06\/also-on-our-radar-2\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/menaplus\/2026\/04\/06\/also-on-our-radar-2\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Also on Our Radar&url=https:\/\/enterpriseam.com\/menaplus\/2026\/04\/06\/also-on-our-radar-2\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/menaplus\/2026\/04\/06\/also-on-our-radar-2\/&title=Also on Our Radar\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Also+on+Our+Radar+https%3A%2F%2Fenterpriseam.com%2Fmenaplus%2F2026%2F04%2F06%2Falso-on-our-radar-2%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/menaplus\/2026\/04\/06\/also-on-our-radar-2\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/9\/187.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"113843\" data-permalink=\"https:\/\/enterpriseam.com\/menaplus\/2026\/04\/06\/also-on-our-radar-2\/187-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/9\/187.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"187.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/9\/187.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/9\/187.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-113842\" class=\"content-area-description single-story post-113842 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-ad-ports tag-also-on-our-radar tag-bahrain tag-dp-world tag-egypt tag-enterpriseam tag-investment-watch tag-saudi-arabia tag-shipping tag-sports tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">Schedule restored\u2026 but elsewhere<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>North American cities are filling in the <\/strong><strong>gap the war left<\/strong><strong> in the Formula One (F1) schedule <\/strong>after the cancellations of the Bahrain and Jeddah's April all-female races. Montreal and Austin are now <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/sports\/formula1\/f1-academy-adds-north-american-races-after-saudi-cancellation-2026-04-01\/\" style=\"\">expected<\/a> to host the competitions in May and October, which would allow the F1 Academy to keep its race count for the year at 14 races across six rounds as planned. <\/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\">Pumping it out<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Arcius Energy <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptMOPMR\/posts\/pfbid02PtY7B2Uav2obEwyJCJNMp6d7raEdEarfYfZabLR6kMibxJuB6B5U31sF7oDB9b2Dl\" style=\"\">reached a final investment decision<\/a><\/strong><strong> to develop Egypt\u2019s Harmattan gas<\/strong><strong> field in the Mediterranean.<\/strong> The USD 500 mn project is expected to go online in 2028 and will produce around 150 mn cf\/d of gas and 3.3k barrels of condensates per day, with plans to ramp production to 200 mn cf\/d and 4.4k barrels of condensates. Arcius Energy \u2014 a JV between BP and Adnoc\u2019s investment arm XRG focused on Egypt\u2019s natural gas assets \u2014 first <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2025\/11\/06\/arcius-energy-takes-over-harmattan-gas-field\/\" style=\"\">acquired<\/a> the field from Shell and BP in November<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>More could be coming Egypt\u2019s way<\/strong>, with Eni pledging USD 2 bn in 2026 and Dubai-based Dragon Oil planning at least USD 3 bn over the next few years for exploration and production. <\/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\">Eyes on Africa<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DP World and AD Ports Group are partnering with Nigeria for its <\/strong><strong><a target=\"_blank\" href=\"https:\/\/tribuneonlineng.com\/nigeria-partners-dp-world-ad-ports-group-for-new-national-shipping-line\/\" style=\"\">planned<\/a><\/strong><strong> new national<\/strong><strong> shipping line.<\/strong> The two Gulf operators will help rebuild the African country\u2019s sovereign shipping capacity, as it works towards reducing reliance on foreign carriers and improving port capacities.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/menaplus\/tag\/ad-ports\/\">AD Ports<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/menaplus\/tag\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/menaplus\/tag\/bahrain\/\">Bahrain<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/menaplus\/tag\/dp-world\/\">DP World<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/menaplus\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/menaplus\/tag\/investment-watch\/\">investment watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/menaplus\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/menaplus\/tag\/shipping\/\">Shipping<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/menaplus\/tag\/sports\/\">sports<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/menaplus\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"113844\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"113844\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">WHAT WE\u2019RE TRACKING<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/menaplus\/2026\/04\/06\/remote-work-policies-take-hold\/\">\r\n                            Going remote                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/menaplus\/2026\/04\/06\/remote-work-policies-take-hold\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/menaplus\/2026\/04\/06\/remote-work-policies-take-hold\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/menaplus\/2026\/04\/06\/remote-work-policies-take-hold\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" 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data-permalink=\"https:\/\/enterpriseam.com\/menaplus\/2026\/04\/06\/remote-work-policies-take-hold\/1113-jpg-7\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/1113.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1113.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/1113.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/1113.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-113844\" class=\"content-area-description single-story post-113844 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking tag-egypt tag-enterpriseam tag-macroeconomics tag-pmi tag-saudi-arabia tag-turkey tag-what-were-tracking wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\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\"> <a id=\"wwtt1\"><\/a> <strong>WFH policies are taking hold across the region, albeit for different reasons in each case.<\/strong> Yesterday was the first day of Egypt\u2019s new policy requiring employees in the public and private sectors \u2014 excluding factories, public services, water stations, gas stations, water treatment stations, hospitals, schools, and universities \u2014 to work from home in a bid to conserve energy. Egypt is the first country in the region to enforce mandatory WFH time, but the policy is <a target=\"_blank\" href=\"https:\/\/www.iea.org\/data-and-statistics\/data-tools\/2026-energy-crisis-policy-response-tracker\" style=\"\">gaining traction<\/a> among Asian countries. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In Saudi, the impetus for WFH is security:<\/strong> Building managers at The King Abdullah Financial District, Business Gate, and Al Faisaliah Tower <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/livecoverage\/iran-war-news-trump\/card\/saudi-business-hubs-shift-to-remote-work-after-iran-threats-to-u-s-firms-PEA0Xm0ofTukx1NozJFg?gaa_at=eafs&gaa_n=AWEtsqeOfWM0ZrbIWJ56c4xmMLtQh_4dJA_t8mAjmLpjk57oiAqDqBTDxQQk&gaa_ts=69cef8c3&gaa_sig=_FyUzvIzIvy56CjWC11IHY4OwtB3rkT3djVlzXY1gtObnLSGmpa22wvWJLqNArwTx0HMy70LgtVgsTMxrwFJkw%3D%3D\" style=\"\">directed tenants<\/a> to work from home through today. Al Faisaliah houses Apple and JPMorgan Chase\u2019s offices in Saudi, while Business Gate is home to Microsoft and Dell, all on <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/ksa\/2026\/04\/02\/iran-threats-blur-the-line-between-tech-infrastructure-and-military-targets\/\" style=\"\">Tehran\u2019s list of retaliation<\/a> against US tech corporations.<\/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\"> <a id=\"wwtt2\"><\/a> <strong>Turkey and Egypt hiked electricity rates over the weekend<\/strong>, as both net energy importers roll out a spate of different policies in a bid to contain the fiscal and monetary fallout of the war-induced global energy crisis.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egypt to focus on commercial and household bills:<\/strong> Commercial energy consumers will see rates for the first 100 kWh used rise 91%, while consumption above this will also see further increases at smaller incremental increases per bracket. Energy used for irrigation will increase 32.5%, and households in the high-consumption bracket will face a 16% hike, according to a government document seen by EnterpriseAM. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Turkey chose a holistic approach<\/strong>, raising the rates for households (25%), industries (6-19%), the services sector (18%), and irrigation consumers (25%).<\/p>\n<p class=\"tag-border-left\">Sign of the times<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt3\"><\/a> <strong>Business conditions across the region\u2019s non-oil private sectors took a hit in March<\/strong>, as escalating geopolitical tensions and softer demand began to weigh more visibly on activity. <strong>Saudi Arabia\u2019s <\/strong>non-oil private sector contracted for the first time in over five years, with the headline PMI falling to <strong>48.8<\/strong> from 56.1 in February \u2014 the survey's second-steepest drop on record. Meanwhile, <strong>Egypt\u2019s<\/strong> non-oil sector continued to stagnate, with the PMI hitting <strong>48.0 <\/strong>\u2014 its weakest since April 2024 \u2014 amid falling output and orders.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>No surprise here:<\/strong> The contractions come on the heels of unprecedented supply chains and energy crises driven by the shutdown of the Hormuz Strait. Non-oil private sectors all over the world \u2014 from <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-03-31\/australia-manufacturing-slips-to-contraction-on-war-disruptions\" style=\"\">Australia<\/a> and the <a target=\"_blank\" href=\"https:\/\/www.spglobal.com\/market-intelligence\/en\/news-insights\/research\/2026\/04\/global-pmi-shows-european-manufacturing-taking-heavy-toll-from-middle-east-war\" style=\"\">European Union<\/a> to our neighbor <a target=\"_blank\" href=\"https:\/\/english.aawsat.com\/business\/5257582-turkish-manufacturing-contracts-fastest-pace-five-months-march-pmi-shows\" style=\"\">Turkey<\/a> \u2014 took a hit as a result. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/menaplus\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/menaplus\/tag\/macroeconomics\/\">macroeconomics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/menaplus\/tag\/pmi\/\">PMI<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/menaplus\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/menaplus\/tag\/turkey\/\">Turkey<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/menaplus\/tag\/what-were-tracking\/\">WHAT WE\u2019RE TRACKING<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"113846\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"calendar\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/menaplus\/2026\/04\/06\/113846\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-113846\" class=\"content-area-description single-story post-113846 post type-post status-publish format-standard hentry category-calendar wpautop entry\">\n\n\t\t\t<hr class=\"wp-block-separator has-text-color has-primary-color has-alpha-channel-opacity has-primary-background-color has-background is-style-wide\">\n\n\t\t<h2 class=\"wp-block-heading mt-0 has-primary-color has-text-color has-link-color has-normal-font-size\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\">\n\t\t\t<strong> CALENDAR<\/strong>\n\t\t<\/h2>\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">April 2026<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">9 Apr<\/span><span style=\"\"> \u2014 Martyrs\u2019 Day (public holiday, markets closed). <\/span><span style=\"\">Tunisia<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">9 Apr<\/span><span style=\"\"> \u2014 Liberation Day (public holiday, markets closed). <\/span><span style=\"\">Iraq<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">13 Apr<\/span><span style=\"\"> \u2014 IMF \/ World Bank spring meetings begin (through 18 Apr). <\/span><span style=\"font-weight:400;\">Washington (virtual)<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">14 Apr<\/span><span style=\"\"> \u2014 QNB 1Q 2026 earnings guidance. <\/span><span style=\"font-weight:400;\">Qatar<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">15 Apr<\/span><span style=\"\"> \u2014 2Q IPO listing window opens. <\/span><span style=\"font-weight:400;\">Region-wide<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">25 Apr<\/span><span style=\"\"> \u2014 Sinai Liberation Day (public holiday, markets closed). <\/span><span style=\"\">Egypt<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">28-29 Apr<\/span><span style=\"font-weight:400;\"> \u2014 US Federal Reserve Open Market Committee meeting.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">28 Apr-1 May<\/span><span style=\"\"> \u2014 Syria HiTech International ICT Exhibition. <\/span><span style=\"\">Damascus<\/span><span style=\"\">, <\/span><span style=\"font-weight:400;\">Syria <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">May 2026<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">12 May<\/span><span style=\"\"> \u2014 Qatar Economic Forum (through 14 May).<\/span><span style=\"\"> Qatar<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">21 May<\/span><span style=\"\"> \u2014 Central Bank of Egypt monetary policy decision. <\/span><span style=\"\">Egypt<\/span> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">25 May<\/span><span style=\"\"> \u2014 Independence Day (public holiday, markets closed). <\/span><span style=\"\">Jordan<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">27-30 May<\/span><span style=\"\"> \u2014 Eid Al Adha (public holiday, markets closed). <\/span><span style=\"\">Region-wide<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">28 May<\/span><span style=\"\"> \u2014 Saudi Aramco ex-dividend date. <\/span><span style=\"\">Saudi Arabia<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">June 2026<\/span> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">7 June<\/span><span style=\"\"> \u2014 OPEC+ ministerial meeting. <\/span><span style=\"\">Vienna\/Virtual<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">9 June<\/span><span style=\"\"> \u2014 King Abdullah II Accession Day (public holiday, markets closed). <\/span><span style=\"\">Jordan<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">10\u201314 June <\/span><span style=\"\">\u2014 Syria Buildex International Construction Exhibition. <\/span><span style=\"\">Syria<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">16-17 June<\/span><span style=\"font-weight:400;\"> \u2014 US Federal Reserve Open Market Committee meeting. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">July 2026<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">5 July<\/span><span style=\"\"> \u2014 Independence Day (public holiday, markets closed). <\/span><span style=\"\">Algeria<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">9 July<\/span><span style=\"\"> \u2014 Central Bank of Egypt monetary policy decision. <\/span><span style=\"\">Egypt<\/span> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">14 July<\/span><span style=\"\"> \u2014 Republic Day (public holiday, markets closed). <\/span><span style=\"\">Iraq<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">23 July<\/span><span style=\"\"> \u2014 Revolution Day (public holiday, markets closed). <\/span><span style=\"\">Egypt<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">25 July<\/span><span style=\"\"> \u2014 Republic Day (public holiday, markets closed). <\/span><span style=\"\">Tunisia<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">28-29 July<\/span><span style=\"font-weight:400;\"> \u2014 US Federal Reserve Open Market Committee meeting.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">30 July<\/span><span style=\"\"> \u2014 Throne Day (public holiday, markets closed). <\/span><span style=\"\">Morocco<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">August 2026<\/span> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">13 Aug<\/span><span style=\"\"> \u2014 Women\u2019s National Day. <\/span><span style=\"\">Tunisia<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">20 Aug<\/span><span style=\"\"> \u2014 Revolution of the King and the People Day (public holiday, markets closed). <\/span><span style=\"\">Morocco<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">20 Aug<\/span><span style=\"\"> \u2014 Central Bank of Egypt monetary policy decision. <\/span><span style=\"\">Egypt<\/span> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">21 Aug<\/span><span style=\"\"> \u2014 Youth Day (public holiday, markets closed). <\/span><span style=\"\">Morocco<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">25 Aug<\/span><span style=\"\"> \u2014 Prophet\u2019s Birthday (public holiday, markets closed) \u2014 TBD. <\/span><span style=\"font-weight:400;\">Region-wide<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">31 Aug-3 Sep<\/span><span style=\"\"> \u2014 LEAP technology conference.<\/span><span style=\"font-weight:400;\"> Saudi Arabia <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">September 2026<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">7-9 Sep<\/span><span style=\"\"> \u2014 AIM Congress. <\/span><span style=\"\">UAE<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">15-16 Sep<\/span><span style=\"font-weight:400;\"> \u2014 US Federal Reserve Open Market Committee meeting.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">15 Sep<\/span><span style=\"\"> \u2014 <\/span><span>IMF\u2019s eighth review of Egypt\u2019s USD 8 bn EFF arrangement. <\/span><span style=\"\">Egypt<\/span> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">16-17 Sep<\/span><span style=\"\"> \u2014 Middle East Banking Innovation Summit. <\/span><span style=\"\">UAE<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">23 Sep<\/span><span style=\"\"> \u2014 National Day (public holiday, markets closed). <\/span><span style=\"\">Saudi Arabia<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">24 Sep<\/span><span style=\"\"> \u2014 Central Bank of Egypt monetary policy decision. <\/span><span style=\"\">Egypt<\/span> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">30 Sep-3 Oct<\/span><span style=\"\"> \u2014 Cityscape Egypt 2026. <\/span><span style=\"\">Egypt<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">October 2026<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">3 Oct<\/span><span style=\"\"> \u2014 National Day (public holiday, markets closed). <\/span><span style=\"\">Iraq<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">6 Oct<\/span><span style=\"\"> \u2014 Armed Forces Day (public holiday, markets closed). <\/span><span style=\"\">Egypt<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">15 Oct<\/span><span style=\"\"> \u2014 GCC Made in the Gulf Forum + Exhibition. <\/span><span style=\"\">TBD<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">25 Oct<\/span><span style=\"\"> \u2014 Liberation Day (public holiday, markets closed). <\/span><span style=\"\"> Libya<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">25-27 Oct<\/span><span style=\"\"> \u2014 World Investment Forum 2026. <\/span><span style=\"\">Qatar<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">26-29 Oct<\/span><span style=\"\"> \u2014 Future Investment Initiative.<\/span><span style=\"\"> Saudi Arabia<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">27-28 Oct<\/span><span style=\"font-weight:400;\"> \u2014 US Federal Reserve Open Market Committee meeting.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">29 Oct<\/span><span style=\"\"> \u2014 Central Bank of Egypt monetary policy decision. <\/span><span style=\"\">Egypt<\/span> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">November 2026<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">1 Nov<\/span><span style=\"\"> \u2014 Revolution Anniversary (public holiday, markets closed). <\/span><span style=\"font-weight:400;\">Algeria<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">2 Nov<\/span><span style=\"\"> \u2014 Abu Dhabi International Petroleum Exhibition + Conference (ADIPEC) opens (through 5 Nov). <\/span><span style=\"\">UAE<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">6 Nov<\/span><span style=\"\"> \u2014 Green March Anniversary (public holiday, markets closed). <\/span><span style=\"\">Morocco <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">16 Nov<\/span><span style=\"\"> \u2014 Cityscape Global begins (through 19 Nov). <\/span><span style=\"font-weight:400;\">Saudi Arabia <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">December 2026<\/span> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">17 Dec<\/span><span style=\"\"> \u2014 Central Bank of Egypt monetary policy decision. <\/span><span style=\"\">Egypt<\/span> <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>WFH back on the menu | Will MENA+ still 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