{"id":115732,"date":"2026-06-12T00:00:00","date_gmt":"2026-06-12T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/menaplus\/?post_type=issue&#038;p=115732"},"modified":"2026-06-12T07:12:36","modified_gmt":"2026-06-12T07:12:36","slug":"securitize-all-the-things","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/menaplus\/issues\/securitize-all-the-things\/","title":{"rendered":"Securitize all the things"},"content":{"rendered":"<section id=\"115734\" 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=\"115734\">\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\/06\/12\/world-cup-and-the-worlds-biggest-ipo-in-one-weekend-pass-the-popcorn-please\/\">\r\n                            Pass the popcorn                        <\/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\/06\/12\/world-cup-and-the-worlds-biggest-ipo-in-one-weekend-pass-the-popcorn-please\/\" 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\/06\/12\/world-cup-and-the-worlds-biggest-ipo-in-one-weekend-pass-the-popcorn-please\/')\">\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\/06\/12\/world-cup-and-the-worlds-biggest-ipo-in-one-weekend-pass-the-popcorn-please\/\">\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=World Cup and the world\u2019s biggest IPO in one weekend? Pass the popcorn, please.&url=https:\/\/enterpriseam.com\/menaplus\/2026\/06\/12\/world-cup-and-the-worlds-biggest-ipo-in-one-weekend-pass-the-popcorn-please\/\">\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\/06\/12\/world-cup-and-the-worlds-biggest-ipo-in-one-weekend-pass-the-popcorn-please\/&title=World Cup and the world\u2019s biggest IPO in one weekend? Pass the popcorn, please.\">\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=World+Cup+and+the+world%E2%80%99s+biggest+IPO+in+one+weekend%3F+Pass+the+popcorn%2C+please.+https%3A%2F%2Fenterpriseam.com%2Fmenaplus%2F2026%2F06%2F12%2Fworld-cup-and-the-worlds-biggest-ipo-in-one-weekend-pass-the-popcorn-please%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\/06\/12\/world-cup-and-the-worlds-biggest-ipo-in-one-weekend-pass-the-popcorn-please\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2026\/6\/775.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"115735\" data-permalink=\"https:\/\/enterpriseam.com\/menaplus\/2026\/06\/12\/world-cup-and-the-worlds-biggest-ipo-in-one-weekend-pass-the-popcorn-please\/775-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/6\/775.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"775.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/6\/775.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/6\/775.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-115734\" class=\"content-area-description single-story post-115734 post type-post status-publish format-standard has-post-thumbnail hentry category-opening-note tag-enterpriseam tag-opening-note tag-spacex tag-world-cup 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>It\u2019s a huge weekend for Middle East finance nerds who are also football fans<\/strong> \u2014 the venn diagram there is \u2026 nearly a circle? We have the start of trading of SpaceX shares later today and a weekend of World Cup matches to which to look forward, with Qatar taking to the pitch tomorrow plus Morocco and T\u00fcrkiye each playing on Sunday. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Don\u2019t expect much more sleep as next week gets underway: <\/strong>Egypt and Tunisia each have games on Monday, while Saudi and Iran play on Tuesday, and Iraq, Jordan, and Algeria all have matches Wednesday. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Our Lede this morning to send you off into the weekend: <\/strong>A look at the unglamorous \u2014 but critically important and recently controversial \u2014 financial instrument that is the life blood of the consumer and SME finance industries in MENA+. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Also today: <\/strong>Gulf sovereigns show no sign their appetite for AI investments is waning despite the lingering overhang from America\u2019s war with Iran. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Worth reading this morning: <\/strong>Jeff Bezos tells the Financial Times that far from a jobs apocalypse or paperclip-driven extinction-level event, he thinks AI will usher in <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/45258f4a-5fb5-4f7a-bd29-5dea92502638?syn-25a6b1a6=1\" style=\"\">\u201cmultiple golden ages.\u201d<\/a> His new USD 41 bn Prometheus lab aims to use the technology to transform everything from manufacturing and space to biotech. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>\u201cThe people who are jumping to the conclusion that the jobs are all going to go away . . . I <\/strong><strong>think these people are just wrong<\/strong>,\u201d Bezos tells the salmon-colored paper, saying that \u201call of the things that I work on today have something to do with AI. I think you\u2019re going to see a whole bunch of incredible miracles unfold here in the next decade.\u201d <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>From Swole Bezos to Jeff The Optimist in one clean act. <\/strong>Here\u2019s hoping. \u2013Patrick and Salma<\/p>\n\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\/spacex\/\">SpaceX<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/menaplus\/tag\/world-cup\/\">World Cup<\/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=\"115736\" 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=\"115736\">\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\">THE LEDE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/menaplus\/2026\/06\/12\/one-of-the-most-vanilla-financial-instruments-in-mena-is-critical-to-the-regions-booming-consumer-and-small-business-finance-industries\/\">\r\n                            Show me the money                        <\/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\/06\/12\/one-of-the-most-vanilla-financial-instruments-in-mena-is-critical-to-the-regions-booming-consumer-and-small-business-finance-industries\/\" 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\/06\/12\/one-of-the-most-vanilla-financial-instruments-in-mena-is-critical-to-the-regions-booming-consumer-and-small-business-finance-industries\/')\">\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\/06\/12\/one-of-the-most-vanilla-financial-instruments-in-mena-is-critical-to-the-regions-booming-consumer-and-small-business-finance-industries\/\">\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=One of the most vanilla financial instruments in MENA+ is critical to the region\u2019s booming consumer and small-business finance industries&url=https:\/\/enterpriseam.com\/menaplus\/2026\/06\/12\/one-of-the-most-vanilla-financial-instruments-in-mena-is-critical-to-the-regions-booming-consumer-and-small-business-finance-industries\/\">\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\/06\/12\/one-of-the-most-vanilla-financial-instruments-in-mena-is-critical-to-the-regions-booming-consumer-and-small-business-finance-industries\/&title=One of the most vanilla financial instruments in MENA+ is critical to the region\u2019s booming consumer and small-business finance industries\">\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=One+of+the+most+vanilla+financial+instruments+in+MENA%2B+is+critical+to+the+region%E2%80%99s+booming+consumer+and+small-business+finance+industries+https%3A%2F%2Fenterpriseam.com%2Fmenaplus%2F2026%2F06%2F12%2Fone-of-the-most-vanilla-financial-instruments-in-mena-is-critical-to-the-regions-booming-consumer-and-small-business-finance-industries%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\/06\/12\/one-of-the-most-vanilla-financial-instruments-in-mena-is-critical-to-the-regions-booming-consumer-and-small-business-finance-industries\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2026\/1\/14.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"115737\" data-permalink=\"https:\/\/enterpriseam.com\/menaplus\/2026\/06\/12\/one-of-the-most-vanilla-financial-instruments-in-mena-is-critical-to-the-regions-booming-consumer-and-small-business-finance-industries\/14-jpg-6\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/1\/14.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"14.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/1\/14.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/1\/14.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-115736\" class=\"content-area-description single-story post-115736 post type-post status-publish format-standard has-post-thumbnail hentry category-the-lede tag-banking tag-consumer-finance tag-debt-watch tag-egypt tag-enterpriseam tag-lending tag-non-bank-financial-institutions tag-regulation-watch tag-saudi-arabia tag-the-lede 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\"> <strong>The UAE and Saudi Arabia<\/strong><strong>, the two Gulf real estate and financial services heavyweights, <\/strong><strong>are writing new securitization rulebooks <\/strong><strong>this summer.<\/strong> Tadawul has drafted <a target=\"_blank\" href=\"https:\/\/ent.news\/2026\/6\/181.pdf\" style=\"\">amendments<\/a> out for consultation until 14 June that would give securitization and asset-backed issuances their own framework \u2014 <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/ksa\/2026\/06\/03\/asset-backed-sukuk-move-closer-under-proposed-tadawul-reforms\/\" style=\"\">splitting<\/a> rules on debt offerings from those for equities and adding disclosure requirements tailored to structured deals. The UAE, meanwhile, has the regulatory framework on the books for publicly listed securitized issuances, but the market remains embryonic. A rule change could bring the asset class to life from Abu Dhabi to Dubai and beyond. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The market both are of them are trying to build already exists a two- or three-hour flight <\/strong><strong>to the west: Egypt is home to<\/strong><strong> the region\u2019s deepest and most sophisticated market for securitized debt<\/strong> \u2014 and it has recently become the first in MENA+ to confront what happens when the product really takes off.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why it matters:<\/strong> Securitization is the funding engine of non-banking financial institutions (NBFIs) \u2014 the consumer lenders, leasing firms, microfinance players, and fintechs that reach the borrowers to whom banks are less likely to lend. How the Gulf sets up these frameworks will shape market-wide access to liquidity for consumers and small businesses, constrain how the fintech and consumer-credit booms get funded, and determine whether the next wave of capital comes from local banks, global houses like JPMorgan and Goldman, or the private credit funds circling the region. <strong>Egypt\u2019s decade of experience<\/strong> \u2014 including its current regulatory correction \u2014 <strong>is the closest thing we have to a regional field manual.<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>SOUND SMART-<\/strong> Securitization turns buckets of small, illiquid loans into a single tradable security. An issuer bundles car loans, installment plans, or lease receivables into a pool, then usually sells it to an investor through a special purpose vehicle (SPV). The SPV issues bonds or sukuk backed by the monthly payments. The issuer gets cash today instead of collecting for years, giving it the option of putting that liquidity back to work in the form of new lending. Hatem Samir, CEO of GlobalCorp, one of the top NBFI platforms in Egypt and a pioneer of the industry, <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2025\/11\/13\/globalcorps-hatem-samir-on-tech-funding-mix-and-credit-market-prospects\/\" style=\"\">previously told our Egypt desk<\/a> that securitization is one of the most efficient tools for \u201coffloading and recycling bank debt.\u201d <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">(Egypt\u2019s NBFI sector is so attractive that GlobalCorp\u2019s anchor investors have \u2014 despite the ongoing war in the Gulf \u2014 kept alive alive an exit process that has attracted significant interest from regional players including at least one UAE financial institution, <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/05\/04\/spe-capital-amethis-ebrd-line-up-exit-from-globalcorp\/\" style=\"\">as we reported last month<\/a>.)<\/p>\n<h4 id=\"h.mm3t6p1ctkgo\" style=\"padding:0;margin:0;line-height:1.15;page-break-after:avoid;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">Egypt got here first <\/h4>\n<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egypt was the first of the Big Three regional markets to grow a sophisticated non-bank <\/strong><strong>financial services industry. <\/strong>Contact, now a diversified EGX-listed platform, was the early pioneer, pushing into consumer finance with car loans. The tipping point for the industry came when EFG Hermes (the biggest homegrown investment bank in the region \u2014 also EGX-listed) launched a leasing business <a target=\"_blank\" href=\"https:\/\/efgholding.com\/en\/media\/news\/EFG-Hermes-Announces-Significant-Milestone-with-Entry-into-Leasing-Services,-Further-Diversifies-Market-Leading-Services-Offering\" style=\"\">in 2015<\/a>, targeting SMEs as well as large companies impatient with the notoriously slow turnaround times of most Egyptian banks. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EFG Hermes saw the push into consumer and corporate lending as a great way to both <\/strong><strong>cross-sell <\/strong>to existing clients and smooth-out its earnings \u2014 investment banking is, by nature, a feast-or-famine game. Its competitors loved what they saw and launched ventures of their own in a few short years. Everyone from real estate players to car distributors and home electronics retailers followed suit.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Investment bankers may have pioneered the Egyptian industry, but they didn\u2019t have it to <\/strong><strong>themselves for long: <\/strong>The same startup boom that aimed to \u201cdisrupt\u201d everything from logistics to food came for finance, too, and no venture-backed industry was hotter than fintech. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Any company pushing into consumer finance quickly finds that its own equity is a <\/strong><strong>really inefficient (and expensive) way of financing a loan book. <\/strong>With banks reticent to provide working capital, most companies turned to securitization, which soon morphed from a cottage industry into a mainstay that keeps armies of lawyers and consultants employed. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Who buys securitized offerings?<\/strong> Mostly those slow, risk-averse banks, which are more than happy to buy portfolios after someone else does the dirty work of building quality portfolios. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Securitization became even more important when the end of \u201cfree money\u201d saw venture <\/strong><strong>funding dry up. <\/strong>Securitization is at the heart of the 57% y-o-y growth of Egypt\u2019s consumer finance market posted in 2025, closing the year with EGP 96.3 bn on the books, with some 48 licensed companies having extended credit to more than 10.8 mn customers. Financing extended to MSMEs and microfinance clients rose 24% y-o-y to EGP 106.9 bn, though the number of beneficiaries edged down slightly to 3.6 mn. And total financed portfolios across all NBFI verticals closed at c. EGP 417 bn for the year, according to the Financial Regulatory Authority (FRA), which regulates the industry. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A tool for growth: <\/strong>\u201cSecuritization was once used primarily to optimize the balance sheet,\u201d Imane Raouf, partner and lead securitization expert at Matouk Bassiouny, tells EnterpriseAM. says. \u201cNow, it plays an important role in improving liquidity, boosting revenues, and managing regulatory ratios. It has evolved into a strategic tool for growth.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The scale of issuances tell the story:<\/strong> From fintech player Valu, a unit of EFG Holding and itself now listed on the EGX, to EFG Corp-Solutions, Contact, GlobalCorp, GB Lease, units of fintech unicorn MNT-Halan, and real estate giant Talaat Moustafa Group, every blue-chip NBFI in Egypt has offloaded portfolios with bns and bns of EGP using the tool. The asset class now draws interest not just from Egyptian banks, <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/01\/05\/global-corp-gb-lease-close-fresh-securitization-issuances\" style=\"\">but from global investors<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The FRA has spent more than a decade constantly tweaking and updating its regulatory <\/strong><strong>framework <\/strong>in a bid to keep pace with companies that are both innovating and hungrily borrowing structures and ideas from markets around the world. From SPVs and asset transfers to disclosure and issuance procedures, it had to build the airplane while flying it. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>\u201cOne of the strengths of the Egyptian framework is that it has evolved with the market <\/strong><strong>rather than remaining static,\u201d<\/strong> Raouf says. As fintech and consumer finance created new asset classes, she notes, the rules adapted to accommodate them \u2014 \u201callowing securitization to remain a relevant funding mechanism for evolving business models while maintaining appropriate safeguards.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the process, the FRA has gone from being the stodgy regulator of the Egyptian <\/strong><strong>Exchange<\/strong> (yes, we\u2019re oversimplifying \u2014 but not by much) <strong>to the overseer of a massive shadow lending pool that exists outside the banking system<\/strong>, but that counts on banks as its biggest \u201cofftakers.\u201d <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">Now, the Central Bank of Egypt is pushing back.<\/p>\n<h4 id=\"h.2a5pvc7qx8pw\" style=\"padding:0;margin:0;line-height:1.15;page-break-after:avoid;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">Egypt\u2019s regulatory correction<\/h4>\n<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>By most estimates, domestic banks buy about 90% of the paper issued by Egyptian <\/strong><strong>NBFIs<\/strong>, and the Central Bank of Egypt (CBE) has grown wary of how much bank liquidity the sector is absorbing. The result? It moved to cap banks\u2019 exposure to securitized portfolios at 5% of a bank\u2019s given loan portfolio, limit each one\u2019s exposure to any single leasing company to 1%, and tightened oversight of banks' NBFI-related transactions \u2014 setting up a jurisdictional tug-of-war with the FRA.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>One of Egypt\u2019s most prominent bankers lit a match a few weeks back. <\/strong>Hisham Ezz Al-Arab leads CIB, the EGX-listed bank loved by foreign investors as a proxy for the wider Egyptian economy. It\u2019s also the largest bank in the country not owned by the state. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Ezz Al-Arab is best known to normals as <\/strong><strong><a target=\"_blank\" href=\"https:\/\/x.com\/hishamezzalarab?lang=en\" style=\"\">the most-visible Egyptian banker on<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/x.com\/hishamezzalarab?lang=en\" style=\"\">X<\/a><\/strong>, where he regularly addresses customer complaints and jousts with critics. Ezz Al-Arab kicked over an ant hill when he recently warned that \u201ca small spark in the non-bank financial sector could shake the entire economy,\u201d setting off a brouhaha that roared to life on social media and the nation\u2019s still-influential nighttime talk shows. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The central bank had handed down in April <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/05\/19\/cbe-tightens-oversight-on-nbfis-banking-amid-debate\/\" style=\"\">measures<\/a><\/strong><strong> to tighten how commercial banks <\/strong><strong>finance the NBFI industry<\/strong>, and parliament has since joined the fray, with lawmakers demanding hearings on the \u201cunregulated expansion\u201d of consumer finance firms. After Ezz Al-Arab\u2019s remarks, the Financial Regulatory Authority <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/05\/24\/fra-names-and-shames-nbfi-violators\/\" style=\"\">moved to publicly name NBFI violators<\/a>, setting up a registry of individuals and companies in breach of regulations and threatening to pull licenses. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Pundits are <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/05\/19\/cbe-tightens-oversight-on-nbfis-banking-amid-debate\/\" style=\"\">divided<\/a><\/strong><strong> about the central bank\u2019s motivations <\/strong>\u2014 whether it\u2019s just trying to tamp-down risk, or whether it\u2019s also aiming to curtail inflation. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The<\/strong><strong> regulatory friction could be read as a feature of a maturing market.<\/strong> \u201cThis sector has grown significantly over the last five years. The volume of transactions and issuances we witnessed was massive, with a broader range of asset classes being securitized. The recent rate-cutting cycle has been a positive driver for debt capital markets,\u201d Raouf says. \u201cAs inflation has moderated, lower interest rates have improved financing conditions for issuers while allowing investors to lock in attractive yields, supporting strong demand for debt instruments.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>So, where do <\/strong><strong>Saudi and<\/strong><strong> the UAE stand? <\/strong><\/p>\n<h4 id=\"h.s67v4m564b6s\" style=\"padding:0;margin:0;line-height:1.15;page-break-after:avoid;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">Saudi is building the regulatory base<\/h4>\n<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Tadawul\u2019s draft framework is about one thing: letting investors take risk on a defined <\/strong><strong>asset pool rather than the issuer<\/strong> \u2014 which Fitch\u2019s Bashar Al Natoor calls the precondition for a genuine asset-backed sukuk market. It also builds on last year\u2019s <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/ksa\/2025\/09\/10\/special-purpose-entities-get-a-regulatory-makeover\/\" style=\"\">overhaul of special purpose vehicles<\/a> by separating the framework regulating securitization SPVs from other debt issuances. <\/p>\n<p><strong>Why now? <\/strong>As the Kingdom recalibrates its gigaproject ambitions and trims public spending, <strong>securitization could help local banks free up liquidity for other purposes<\/strong>, and the need is perhaps most acute in the mortgage industry. (There\u2019s no meaningful market for mortgage-backed securities in Egypt \u2014 the country\u2019s sky-high interest rates have choked the mortgage market in its crib.)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>\u201cThe scale of [Saudi\u2019s] ambition will require significant foreign funding, and <\/strong><strong>securitization is a sensible strategic tool<\/strong> that they seem to have recognized,\u201d Chris Taylor, CEO of UAE consumer lender <a target=\"_blank\" href=\"http:\/\/deem.io\" style=\"\">Deem Finance<\/a>, tells us. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The ball is rolling now: <\/strong>The PIF\u2019s Saudi Real Estate Refinance Company has acquired two pools of mortgages worth SAR 10 bn from AlRajhi Bank. But most Saudi transactions are currently <a target=\"_blank\" href=\"https:\/\/practiceguides.chambers.com\/practice-guides\/securitisation-2026\/uae\/trends-and-developments\" style=\"\">taking place<\/a> almost entirely through private placements. The next step is to expand the securitization market to allow the securities to be traded on Tadawul<\/p>\n<h4 id=\"h.r4xznsc1r6hl\" style=\"padding:0;margin:0;line-height:1.15;page-break-after:avoid;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">The UAE is doing deals in the gaps<\/h4>\n<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>There\u2019s a wrinkle in the UAE: Its statutory true-sale framework doesn\u2019t cover <\/strong><strong>private placements<\/strong>, which account for most of the market activity. The country\u2019s 2023 securitization rules formally recognize the true-sale framework, but only for listed transactions. Private placements, which make up the bulk of the market currently, fall outside it and <a target=\"_blank\" href=\"https:\/\/practiceguides.chambers.com\/practice-guides\/securitisation-2026\/uae\/trends-and-developments\" style=\"\">lean<\/a> on the 2021 Factoring Law and deal documentation instead. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>SOUND SMART-<\/strong>The true-sale concept means the receivables have legally and irrevocably left the originator\u2019s balance sheet \u2014 sold outright to the SPV, not pledged as collateral. If the lender later goes bust, its creditors can\u2019t claw the assets back and bondholders keep getting paid from the pool. Agreements are negotiated on a case-by-case basis, and each needs approval from the Central Bank of the UAE. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>True sale \u2014 getting the assets off the originator\u2019s balance sheet \u2014 is key. <\/strong>The pool of future payments on the receivables needs to be out of the reach of creditors if the company goes belly-up. That\u2019s what lets an investor price the paper on the collection data in the pool rather than the issuer\u2019s creditworthiness \u2014 and it\u2019s why the due diligence on a securitization is brutal.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Deem\u2019s <\/strong><strong><a target=\"_blank\" href=\"https:\/\/fintechnews.media\/2025\/03\/04\/deem-finance-partners-with-j-p-morgan-for-400mln-securitization-to-boost-consumer-and-sme-lending-in-the-uae\/\" style=\"\">UDS 400 mn deal with JPMorgan late last year<\/a><\/strong><strong> shows how it\u2019s done right now:<\/strong> Deem bundled credit cards, personal loans, and SME loans into a single SPV \u2014 a multi-asset structure designed to give one of the UAE\u2019s first deals enough scale and flexibility. JPMorgan bought the issuance after the deal (formally a senior revolving facility) got central bank approval. \u201cWe have sold the assets into an SPV, so it is a true sale. There is no recourse for those assets back to Deem,\u201d Taylor tells us. The structure is a classic waterfall: JPMorgan holds the senior tranche and gets repaid first, and Deem retains the junior tranche. \u201cYou create access to an evergreen funding structure that eliminates the mismatch between your assets and liabilities. Instead of borrowing money, you are effectively selling the asset,\u201d Taylor explains. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>\u201cThe level of diligence that JPMorgan went through with us was absolutely intense,\u201d<\/strong> Taylor says. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Deem isn\u2019t alone.<\/strong> <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2024\/12\/12\/astra-techs-quantix-secures-usd-500-mn-funding-from-citi\/\" style=\"\">Quantix<\/a>, a unit of AstraTech, raised USD 500 mn in an asset-backed securitization last year, while <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/beehivefintech_a-major-milestone-for-sme-lending-in-the-activity-7310623292959207426-eGmD\/?utm_source=share&utm_medium=member_desktop&rcm=ACoAADiMg8cB25tXR2HlZqOWc6_3JYlXWklLTKE\" style=\"\">Beehive<\/a> raised AED 500 mn in structured finance from Goldman Sachs and Magellan Capital.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Raouf notes that the UAE\u2019s regulations are \u201cvery similar to the Egyptian securitization <\/strong><strong>framework\u201d<\/strong> with true-sale assignment, the SPV structure, and off-balance-sheet treatment. The need to go to the central bank and get approvals on a case-by-case basis when you\u2019re doing a private placement is a significant obstacle \u2014 and one industry players we spoke with hope changes soon. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Domestic banks are nowhere to be seen: <\/strong>Bulge bracket banks including Citi, Goldman, and JPM account for the lion\u2019s share of the deals we reviewed for this story, with domestic banks sitting on the sidelines \u2014 for now. Deem\u2019s Taylor believes that, too, could soon change. The key here is that global majors aren\u2019t going to look at smaller transactions that might be worthwhile for domestic banks to pick up. A JPMorgan \u201cisn\u2019t going to do a USD 50 mn deal; it is simply not big enough to interest them,\u201d Taylor says. But the domestic banks won\u2019t bother if the regulatory burden isn\u2019t made clearer \u2014 and less costly to satisfy. <\/p>\n<h4 id=\"h.xeb7e01ijij2\" style=\"padding:0;margin:0;line-height:1.15;page-break-after:avoid;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">Private now, public later?<\/h4>\n<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>So far, Saudi and the UAE are mostly private-placement markets, but for different <\/strong><strong>reasons.<\/strong> In the UAE, the investor base is too shallow for public deals \u2014 \u201cwe will likely need to see double-digit numbers of private deals first,\u201d Taylor says. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In Egypt, bonds are listed on the EGX but placed privately<\/strong>, and the holders don\u2019t trade \u2014 they act as a buy-and-hold base, with the banks attracted to fixed, fully-visible returns. The secondary market is going to pick up, Raouf argues, only \u201cas the investor base expands and issuance volumes grow.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>So, what\u2019s next? <\/strong>Tadawul\u2019s consultation closes 14 June, but it could be months before we see the final framework, let alone a test issuance. In the UAE, the trigger will be new executive regulations that expand the rules to allow private placements. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Perhaps the most interesting signal, though, comes from Taylor, who says that two <\/strong><strong>domestic banks have kicked the tires on existing deals <\/strong>\u2014 and one of them has gone so far as to hire a team of specialists. He thinks it likely we\u2019ll see them transact \u201cfairly soon.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Asset classes to watch in the Gulf:<\/strong> BNPL, earned-wage access, and car finance now that movable-asset security rules are clearer \u2014 with SME lending lagging given the challenging data aspect, Taylor says. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>And in Egypt?<\/strong> Pundits have been openly questioning for years whether North Africa\u2019s largest market is in the midst of a consumer finance bubble, and you can practically hear the bears salivating at the prospects that one of the more cowboy NBFI lenders goes bust as the FRA and central bank continue their clampdown. That aside, the big maturity tests are <a target=\"_blank\" href=\"https:\/\/adsero.me\/introduction-of-future-cash-flow-securitization\/\" style=\"\">future-flow securitization<\/a> (think: telecom receivables or tuition fees) and whether a real secondary market ever develops out of the buy-and-hold base.<\/p>\n\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\/consumer-finance\/\">consumer finance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/menaplus\/tag\/debt-watch\/\">DEBT WATCH<\/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\/lending\/\">lending<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/menaplus\/tag\/non-bank-financial-institutions\/\">non-bank financial institutions<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/menaplus\/tag\/regulation-watch\/\">Regulation 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\/the-lede\/\">The Lede<\/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=\"115738\" 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=\"115738\">\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\">AI + INNOVATION<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/menaplus\/2026\/06\/12\/gulf-sovereigns-have-loaded-up-on-spacexs-world-record-ipo-and-show-no-sign-theyre-backing-away-from-more-exposure-to-ai\/\">\r\n                            Too big to fail?                        <\/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\/06\/12\/gulf-sovereigns-have-loaded-up-on-spacexs-world-record-ipo-and-show-no-sign-theyre-backing-away-from-more-exposure-to-ai\/\" 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\/06\/12\/gulf-sovereigns-have-loaded-up-on-spacexs-world-record-ipo-and-show-no-sign-theyre-backing-away-from-more-exposure-to-ai\/')\">\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\/06\/12\/gulf-sovereigns-have-loaded-up-on-spacexs-world-record-ipo-and-show-no-sign-theyre-backing-away-from-more-exposure-to-ai\/\">\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=Gulf sovereigns have loaded up on SpaceX\u2019s world-record IPO \u2014 and show no sign they\u2019re backing away from more exposure to AI&url=https:\/\/enterpriseam.com\/menaplus\/2026\/06\/12\/gulf-sovereigns-have-loaded-up-on-spacexs-world-record-ipo-and-show-no-sign-theyre-backing-away-from-more-exposure-to-ai\/\">\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\/06\/12\/gulf-sovereigns-have-loaded-up-on-spacexs-world-record-ipo-and-show-no-sign-theyre-backing-away-from-more-exposure-to-ai\/&title=Gulf sovereigns have loaded up on SpaceX\u2019s world-record IPO \u2014 and show no sign they\u2019re backing away from more exposure to AI\">\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=Gulf+sovereigns+have+loaded+up+on+SpaceX%E2%80%99s+world-record+IPO+%E2%80%94+and+show+no+sign+they%E2%80%99re+backing+away+from+more+exposure+to+AI+https%3A%2F%2Fenterpriseam.com%2Fmenaplus%2F2026%2F06%2F12%2Fgulf-sovereigns-have-loaded-up-on-spacexs-world-record-ipo-and-show-no-sign-theyre-backing-away-from-more-exposure-to-ai%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\/06\/12\/gulf-sovereigns-have-loaded-up-on-spacexs-world-record-ipo-and-show-no-sign-theyre-backing-away-from-more-exposure-to-ai\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2026\/6\/773.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"115739\" data-permalink=\"https:\/\/enterpriseam.com\/menaplus\/2026\/06\/12\/gulf-sovereigns-have-loaded-up-on-spacexs-world-record-ipo-and-show-no-sign-theyre-backing-away-from-more-exposure-to-ai\/773-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/6\/773.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"773.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/6\/773.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/6\/773.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-115738\" class=\"content-area-description single-story post-115738 post type-post status-publish format-standard has-post-thumbnail hentry category-ai-innovation tag-ai-innovation tag-artificial-intelligence tag-enterpriseam tag-qatar tag-saudi-arabia tag-sovereign-wealth-funds tag-spacex 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\"> <strong>The largest IPO in history priced overnight with the Gulf\u2019s sovereign funds <\/strong><strong>well-represented in the <\/strong><strong>order book<\/strong> \u2014 and AI investments are at or near the top of each of their target lists for the rest of this year even as analysts and pundits look for signs of a pullback. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>UP FIRST: SpaceX has priced the largest IPO in history.<\/strong> Elon Musk\u2019s AI-and-spaceflight company raised USD 75 bn at a fixed USD 135 a share, more than doubling Aramco\u2019s USD 29.4 bn record from 2019, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/musks-spacex-prices-record-75-billion-ipo-135-share-2026-06-11\/\" style=\"\">Reuters reports<\/a>. That values the company at nearly USD 1.8 tn \u2014 and makes Musk the world\u2019s first trillionaire. Shares are set to start trading on Nasdaq under the ticker SPCX today and analysts expect a debut pop of at least 10%. Underwriters hold an over-allotment option on a further 83.3 mn shares that would take the raise to USD 86 bn if exercised in full.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The book was enormous:<\/strong> Orders had <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/spacex-ipo-demand-is-approaching-four-times-oversubscribed-source-says-2026-06-09\/\" style=\"\">topped USD 250 bn<\/a> by early this week \u2014 approaching four times the shares on offer \u2014 and retail investors alone put in some USD 100 bn against a 30% retail carve-out, triple or more what\u2019s typical. The institutional offering was c. 2x oversubscribed, with several investors asking for positions worth USD 10 bn or more, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-06-10\/spacex-ipo-draws-billions-in-orders-from-middle-eastern-funds\" style=\"\">Bloomberg reports<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saudi Arabia\u2019s PIF placed an order of USD 1-5 bn<\/strong>, the Kuwait Investment Authority matched it, and the Qatar Investment Authority also made a big order, Bloomberg notes. As we noted last week, the Kingdom already owns a piece of SpaceX two ways: AI champion Humain saw its xAI stake converted into SpaceX shares when the two Musk companies merged, a holding that could be worth up to USD 4 bn. PIF also owns 17% of Kingdom Holding, which carries a direct 0.34% SpaceX stake worth some USD 5.7 bn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s next: OpenAI and Anthropic have both filed to list<\/strong> and pundits think the three big AI IPOs could add a combined USD 3.6 tn to US exchanges. Whether today\u2019s debut sets up the Gulf\u2019s second and third AI cashouts is the question we\u2019ll see answered this fall. OpenAI has signaled it is tepid about its listing, but Anthropic is pushing hard for the fall window. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Gulf sovereign funds seem to have plenty more appetite for AI <\/strong>even amid speculation they may have to trim holdings outside the region to shore up investments under stress at home. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Fitch has turned bearish on the region\u2019s sovereigns.<\/strong> The ratings agency flipped its 2026 sovereign outlook to \u201cdeteriorating\u201d from neutral in a mid-year outlook report shared with EnterpriseAM, and the Gulf is taking the hardest hit \u2014 its ratings watch has turned negative on every sovereign in the region. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The USD 580 bn Qatar Investment Authority hasn\u2019t stopped writing tickets, though:<\/strong> It deployed about USD 1.2 bn a month through May, 14% below its 2025 pace but more than triple its 2024 average of USD 376 mn a month, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-06-10\/qatar-mega-fund-s-plans-for-bigger-deals-push-dented-by-iran-war\" style=\"\">Bloomberg reports<\/a> in a piece we think is a must-read this morning. <strong>Execs<\/strong><strong> say its <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-12-09\/brookfield-qatar-team-up-on-20-billion-ai-investment-venture\" style=\"\">USD 20 bn AI venture with Brookfield<\/a><\/strong><strong> remains on track. <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>And the Kuwait Investment Agency is <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/business\/technology-and-telecom\/kuwaits-kia-joins-nvidia-vistra-and-kkr-in-10bln-ai-firm-u0sgtnrt\" style=\"\">anchoring<\/a><\/strong><strong> a USD 10 bn AI infrastructure venture<\/strong>, joining Nvidia, KKR, and US power producer Vistra to launch Helix Digital Infrastructure with more than USD 10 bn in long-duration capital commitments and former AWS CEO Adam Selipsky at the helm. KIA has put about USD 9 bn into AI and digital over the past five years and is an anchor in Brookfield\u2019s AI infrastructure fund.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>PLUS: Mubadala isn\u2019t taking its foot off the pedal. <\/strong>CEO Khaldoon Al Mubarak <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/mubadala-targets-opportunities-ai-robotics-ceo-says-2026-01-20\/\" style=\"\">said earlier<\/a><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/mubadala-targets-opportunities-ai-robotics-ceo-says-2026-01-20\/\" style=\"\">this year<\/a> that the USD 330 bn fund will be deploying more in both AI and robotics themes alongside healthcare, life sciences, and biotech \u2014 all sectors analysts think will be positively impacted by AI. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The war hasn\u2019t dampened its ambitions:<\/strong> Just this week, its Abu Dhabi Investment Council unit is working with local banks on a total return swap facility that would build USD 15 bn of exposure to global hedge funds, according ot <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-06-11\/abu-dhabi-s-adic-plans-15-billion-leveraged-hedge-fund-bet?srnd=homepage-middle-east\" style=\"\">Bloomberg<\/a>. Its private equity arm has done <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-06-11\/mubadala-looks-past-private-equity-doom-loop-to-hunt-for-deals?srnd=homepage-middle-east\" style=\"\">16 deals in the past three months<\/a> and can commit as much as USD 2 bn to a single transaction, its co-CEOs told the business information service in their first interview since taking charge in 2024. Mubadala also co-led a <a target=\"_blank\" href=\"https:\/\/www.businesswire.com\/news\/home\/20260611435869\/en\/KOHO-Raises-%24130-Million-at-%241.33B-Valuation-to-Fund-Growth-and-Continue-Pursuit-of-Bank-License\" style=\"\">CAD 130 mn series E for Canadian challenger bank Koho<\/a> at a CAD 1.33 bn valuation.<\/p>\n\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\/ai-innovation\/\">AI + Innovation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/menaplus\/tag\/artificial-intelligence\/\">artificial intelligence<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/menaplus\/tag\/qatar\/\">Qatar<\/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\/sovereign-wealth-funds\/\">sovereign wealth funds<\/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                            <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=\"115740\" 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=\"115740\">\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\/06\/12\/omans-omifco-is-the-last-big-mena-ipo-still-standing-and-it-says-its-going-to-start-trading-in-july\/\">\r\n                            The Last Dance                        <\/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\/06\/12\/omans-omifco-is-the-last-big-mena-ipo-still-standing-and-it-says-its-going-to-start-trading-in-july\/\" 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\/06\/12\/omans-omifco-is-the-last-big-mena-ipo-still-standing-and-it-says-its-going-to-start-trading-in-july\/')\">\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\/06\/12\/omans-omifco-is-the-last-big-mena-ipo-still-standing-and-it-says-its-going-to-start-trading-in-july\/\">\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=Oman\u2019s Omifco is the last big MENA+ IPO still standing \u2014 and it says it\u2019s going to start trading in July&url=https:\/\/enterpriseam.com\/menaplus\/2026\/06\/12\/omans-omifco-is-the-last-big-mena-ipo-still-standing-and-it-says-its-going-to-start-trading-in-july\/\">\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\/06\/12\/omans-omifco-is-the-last-big-mena-ipo-still-standing-and-it-says-its-going-to-start-trading-in-july\/&title=Oman\u2019s Omifco is the last big MENA+ IPO still standing \u2014 and it says it\u2019s going to start trading in July\">\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=Oman%E2%80%99s+Omifco+is+the+last+big+MENA%2B+IPO+still+standing+%E2%80%94+and+it+says+it%E2%80%99s+going+to+start+trading+in+July+https%3A%2F%2Fenterpriseam.com%2Fmenaplus%2F2026%2F06%2F12%2Fomans-omifco-is-the-last-big-mena-ipo-still-standing-and-it-says-its-going-to-start-trading-in-july%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\/06\/12\/omans-omifco-is-the-last-big-mena-ipo-still-standing-and-it-says-its-going-to-start-trading-in-july\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2026\/6\/779.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"115741\" data-permalink=\"https:\/\/enterpriseam.com\/menaplus\/2026\/06\/12\/omans-omifco-is-the-last-big-mena-ipo-still-standing-and-it-says-its-going-to-start-trading-in-july\/779-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/6\/779.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"779.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/6\/779.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/6\/779.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-115740\" class=\"content-area-description single-story post-115740 post type-post status-publish format-standard has-post-thumbnail hentry category-markets-deals tag-enterpriseam tag-ipo-watch tag-ma-watch tag-markets-deals tag-oman tag-omifco tag-real-estate 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>The last big IPO still in the MENA+ market is pushing ahead<\/strong> as Oman signalled it\u2019s taking fertilizer champion Oman India Fertiliser Company (Omifco) public even after Banque du Caire and Mutlaq Al-Ghowairi delayed to fall.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Shareholders in the Oman-India JV behind the Sur fertilizer complex are looking to raise <\/strong><strong>as much as USD 678 mn <\/strong>from the sale of 25% of Omifco on the Muscat Stock Exchange, <a target=\"_blank\" href=\"https:\/\/ent.news\/2026\/6\/771.pdf\" style=\"\">according to a statement (pdf)<\/a> , with the order book set to open this month and trading to begin on 8 July. The offer is all secondary, with all proceeds going to existing shareholders. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Omifco is marketing itself as a dividend play<\/strong>, saying it expects to pay a divvy worth OMR 71.2 mn (c. USD 185 mn) for FY 2026 in two equal installments in September 2026 and April 2027, then 90% of net profits in 2027-2028 or 3% annual growth on the 2026 payout, whichever is higher.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why it matters: <\/strong>With Banque du Caire <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/06\/08\/banque-du-caires-ipo-has-been-delayed-again-with-roadshows-pushed-to-september\/\" style=\"\">pushing its roadshow<\/a> to September-October and Saudi Arabia\u2019s Mutlaq Al-Ghowairi postponing its listing, Omifco is the last big regional listing still on the summer calendar. Qalaa Holding also joined the wait-for-September club this week, pushing the IPO of its ports arm, National Ports Management, <a target=\"_blank\" href=\"https:\/\/asharqbusiness.com\/financial-markets\/135666\/%D8%A7%D9%84%D9%82%D9%84%D8%B9%D8%A9-%D8%AA%D8%B7%D8%B1%D8%AD-%D8%B4%D8%B1%D9%83%D8%A9-%D8%A5%D8%AF%D8%A7%D8%B1%D8%A9-%D8%A7%D9%84%D9%85%D9%88%D8%A7%D9%86%D8%A6-%D8%A7%D9%84%D9%86%D9%87%D8%B1%D9%8A%D8%A9-%D8%A8%D8%A8%D9%88%D8%B1%D8%B5%D8%A9-%D9%85%D8%B5%D8%B1-%D9%81%D9%8A-%D8%B3%D8%A8%D8%AA%D9%85%D8%A8%D8%B1\/\" style=\"\">to September<\/a> from a June-July window and trimming its follow-on pipeline to three subsidiary floats <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2025\/11\/12\/qalaa-holdings-to-unlock-value-through-egx-listings-convertible-bonds-and-portfolio-optimization\/\" style=\"\">from five<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In brighter news: ADX expects two to three dual listings before year-end<\/strong>, with tech and healthcare names <a target=\"_blank\" href=\"https:\/\/asharqbusiness.com\/videos\/135959\/%D8%A8%D9%88%D8%B1%D8%B5%D8%A9-%D8%A3%D8%A8%D9%88%D8%B8%D8%A8%D9%8A-%D8%AA%D8%AA%D9%88%D9%82%D8%B9-%D8%A5%D8%AF%D8%B1%D8%A7%D8%AC%D8%A7-%D9%85%D8%B2%D8%AF%D9%88%D8%AC%D8%A7-%D9%84%D8%AB%D9%84%D8%A7%D8%AB-%D8%B4%D8%B1%D9%83%D8%A7%D8%AA-%D8%AE%D9%84%D8%A7%D9%84-2026\/\" style=\"\">working through home-market approvals<\/a> \u2014 Hong Kong-listed biotech Insilico Medicine is among those <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2026\/06\/01\/this-morning-fuel-prices-are-up-again-some-hope-for-adxs-ipo-pipeline\/\" style=\"\">previously flagged<\/a> for a secondary Abu Dhabi offering. ]<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>File the week\u2019s biggest \u201cM&A\u201d headline under \u201crestructuring.\u201d<\/strong> Abu Dhabi\u2019s L\u2019imad now holds more than 98% of utility Taqa after AD Power, an indirect wholly owned subsidiary, took over 2PointZero\u2018s entire 7.29% stake, worth AED 21.5 bn at Wednesday\u2019s close by our math. (Disclosures <a target=\"_blank\" href=\"https:\/\/ent.news\/2026\/6\/694.pdf\" style=\"\">here<\/a>, <a target=\"_blank\" href=\"https:\/\/ent.news\/2026\/6\/693.pdf\" style=\"\">here<\/a>, and <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/2pointzero-group-completes-strategic-exit-from-taqa-investment-through-sale-to-limad-sy7ec7ef\" style=\"\">here<\/a>.) This is Abu Dhabi consolidating Abu Dhabi: L\u2019imad has already folded in <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2026\/02\/02\/abu-dhabi-centralizes-sovereign-wealth-by-folding-adq-into-limad\/\" style=\"\">ADQ<\/a> and <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2026\/01\/22\/this-morning-uae-bond-yields-spike-amid-global-bond-rout-abu-dhabis-limad-is-now-the-owner-of-mclaren-stake\/\" style=\"\">Cyvn<\/a> this year, while 2PointZero \u2014 fresh from its <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2025\/11\/13\/ihc-shareholders-approve-multiply-ghitha-2pointzero-merger-appoint-leadership-for-post-merger-aed-120-bn-firm\/\" style=\"\">three-way merger<\/a> with Multiply and Ghitha \u2014 says the proceeds shore up its balance sheet and fund deals across energy, mining, consumer, food, and packaging. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In other M&A news: <\/strong><\/p>\n<ul>\n<li><strong>Masdar is buying a 49.99% slice of a EUR 849 mn Spanish renewables portfolio <\/strong>from Repsol. It will pushes Masdar\u2019s Iberian assets to 4.1 GW on top of the <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2024\/12\/23\/masdar-finalizes-saeta-acquisition\/\" style=\"\">EUR 1.2 bn Saeta takeover<\/a> and its <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/b9cadece-bc29-4076-b060-2ace6f101077\/\" style=\"\">Endesa solar buy-in<\/a>, making the emirate one of Europe\u2019s largest clean-power owners;<\/li>\n<li><strong>Aster DM Healthcare<\/strong> took a majority stake in Saudi Arabia\u2019s <strong>ProCare Hospital<\/strong> through a JV with <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/aster-dm-healthcare-expands-ksa-presence-with-acquisition-of-procare-hospital-in-eastern-province-tj49jh6l\" style=\"\">Saleh Al Rahji & Partners<\/a>. Worth watching as it reportedly eyes a dual <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/ksa\/2025\/01\/14\/non-oil-economy-capital-markets-set-for-more-growth-in-2025\/\" style=\"\">Tadawul-UAE listing<\/a> ;<\/li>\n<li><strong>BlueFive Capital<\/strong> <a target=\"_blank\" href=\"https:\/\/bluefivecapital.com\/newsroom\/bluefive-capital-acquires-49-stake-in-leaseplan-emirates\/\" style=\"\">bought<\/a> 49% of <strong>LeasePlan Emirates<\/strong> from France\u2019s Ayvens through its Reef PE Fund I, leaving Mubadala-owned Solutions+ at 51%.<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>It\u2019s not all doom-and-gloom in Dubai real estate: Emaar<\/strong> is <a target=\"_blank\" href=\"https:\/\/www.emaar.com\/en\/press-release-listing\/emaar-prepares-to-unveil-its-most-ambitious-masterplan-ever-in-heart-of-dubai\" style=\"\">preparing an AED 200 bn<\/a> (USD 55 bn) \u201ccity within a city\u201d masterplan in Dubai for nearly 150k residents and Dubai logged USD 68.61 bn in 1Q real estate transactions with foreign investment up 26%. Meanwhile, <strong>AHS Properties<\/strong> <a target=\"_blank\" href=\"https:\/\/www.thenationalnews.com\/business\/property\/2026\/06\/10\/developer-ahs-buys-shangri-la-hotel-in-dubai-and-plans-to-launch-new-dh25bn-project-this-year\/\" style=\"\">bought<\/a> the <strong>Shangri-La Dubai<\/strong> for AED 1.1 bn (USD 300 mn) \u2014 it\u2019s a 430floor hotel-offices-and-residences tower on the main Sheikh Zayed Road thoroughfare. AHS founder and CEO Abbas Sajwani says he\u2019ll take the lid off an <strong>AED 25 bn mixed-use project<\/strong> in 3Q. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The EBRD wants to invest EUR 7.5 bn (c. EGP 450 bn) into Egypt over five years<\/strong> \u2014 and it\u2019s <a target=\"_blank\" href=\"https:\/\/x.com\/AsharqbEGY\/status\/2064649147215491385\" style=\"\">got particular<\/a><a target=\"_blank\" href=\"https:\/\/x.com\/AsharqbEGY\/status\/2064649147215491385\" style=\"\">appetite for real estate<\/a> players who build green, with at least half the bank\u2019s annual spend mandated to its <a target=\"_blank\" href=\"https:\/\/ent.news\/2026\/6\/691.pdf\" style=\"\">Green Economy Transition (pdf)<\/a>. For Egyptian corporates, an <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/hardhats\/green-building-certifications-are-starting-to-shape-how-assets-get-financed-in-egypt\/\" style=\"\">Edge or Leed stamp<\/a>  could unlock cheaper long-term finance as the <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/01\/26\/ebrd-extends-egp-1-3-bn-green-financing-to-ibnsina-pharma\/\" style=\"\">EGP 1.3 bn Ibnsina facility<\/a> and a <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/03\/29\/ebrd-continues-egypt-msme-push-with-targeted-usd-50-mn-facility\/\" style=\"\">USD 50 mn MSME package via NBK<\/a> showed. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Morocco\u2019s National Office of Electricity and Drinking Water (ONEE) <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.moroccoworldnews.com\/2026\/06\/317095\/onee-ebrd-sign-e250-million-financing-deal-to-modernize-moroccos-water-infrastructure\/\" style=\"\">lined up<\/a><\/strong><strong> a EUR 250 <\/strong><strong>mn (c. MAD 2.75 bn) program<\/strong> with EBRD to modernize the country\u2019s drinking-water infrastructure, to be rolled out in two phases.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egypt is signaling it can live without a new IMF program.<\/strong> No talks are underway on a successor to the <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/05\/14\/imf-mission-lands-in-cairo-a-month-early-for-seventh-review\/\" style=\"\">USD 8 bn extended fund facility<\/a> that expires in December, with Prime Minister Mostafa Madbouly saying Egypt <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/AlArabiyaBN.EG\/videos\/%D9%85%D8%AF%D8%A8%D9%88%D9%84%D9%8A-%D9%84%D8%A7-%D8%AD%D8%A7%D8%AC%D8%A9-%D9%84%D8%A8%D8%B1%D9%86%D8%A7%D9%85%D8%AC-%D8%AC%D8%AF%D9%8A%D8%AF-%D9%85%D8%B9-%D8%A7%D9%84%D8%B5%D9%86%D8%AF%D9%88%D9%82\/2035897286965338\/\" style=\"\">sees no need<\/a> for a new program.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WATCH THIS SPACE- UAE state defense champion Edge is formalizing its European <\/strong><strong>push<\/strong> under Paris-headquartered Edge Europe, with an engineering and manufacturing hub in Bordeaux, according to a <a target=\"_blank\" href=\"https:\/\/edgegroup.ae\/news\/launch-edge-europe-edge-heralds-new-model-european-defence\" style=\"\">press release<\/a>. A planned <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2026\/05\/15\/from-procurement-to-propulsion-edge-buys-into-italys-cmd-as-the-uae-localizes-more-of-the-defense-supply-chain\/\" style=\"\">controlling stake in Italy\u2019s CMD<\/a> and a <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2026\/02\/26\/edge-spain-partner-on-weapons-localization-dubai-industrial-city-to-get-new-concrete-facility-barakat-begins-new-kezad-build-payrails-sets-up-in-difc\/\" style=\"\">USD 1.5 bn manufacturing pipeline<\/a> with Spain\u2019s EM&E points to a transaction in the offing\u2026<\/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\"> Market Snapshot<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Tadawul<\/strong> 0.3% \u2022 <strong>ADX<\/strong> -0.3% \u2022 <strong>DFM<\/strong> -0.4% \u2022 <strong>EGX30<\/strong> -0.9%<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">Brent USD 89.40 \/ bbl \u2022 Gold USD 4,226 \/ oz \u2022 USD \/ SAR 3.75 \u2022 USD \/ EGP 51.9<\/p>\n\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\/ipo-watch\/\">IPO WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/menaplus\/tag\/ma-watch\/\">M&amp;A Watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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\/oman\/\">Oman<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/menaplus\/tag\/omifco\/\">Omifco<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/menaplus\/tag\/real-estate\/\">real estate<\/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=\"115742\" 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=\"115742\">\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\/06\/12\/mixed-signals-on-us-iran-deal-as-trump-pauses-strikes-and-lng-tankers-cross-hormuz\/\">\r\n                            Schrodinger\u2019s peace deal                        <\/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\/06\/12\/mixed-signals-on-us-iran-deal-as-trump-pauses-strikes-and-lng-tankers-cross-hormuz\/\" 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\/06\/12\/mixed-signals-on-us-iran-deal-as-trump-pauses-strikes-and-lng-tankers-cross-hormuz\/')\">\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\/06\/12\/mixed-signals-on-us-iran-deal-as-trump-pauses-strikes-and-lng-tankers-cross-hormuz\/\">\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=Mixed signals on US-Iran deal as Trump pauses strikes and LNG tankers cross Hormuz&url=https:\/\/enterpriseam.com\/menaplus\/2026\/06\/12\/mixed-signals-on-us-iran-deal-as-trump-pauses-strikes-and-lng-tankers-cross-hormuz\/\">\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\/06\/12\/mixed-signals-on-us-iran-deal-as-trump-pauses-strikes-and-lng-tankers-cross-hormuz\/&title=Mixed signals on US-Iran deal as Trump pauses strikes and LNG tankers cross Hormuz\">\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=Mixed+signals+on+US-Iran+deal+as+Trump+pauses+strikes+and+LNG+tankers+cross+Hormuz+https%3A%2F%2Fenterpriseam.com%2Fmenaplus%2F2026%2F06%2F12%2Fmixed-signals-on-us-iran-deal-as-trump-pauses-strikes-and-lng-tankers-cross-hormuz%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\/06\/12\/mixed-signals-on-us-iran-deal-as-trump-pauses-strikes-and-lng-tankers-cross-hormuz\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2026\/6\/780.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"115743\" data-permalink=\"https:\/\/enterpriseam.com\/menaplus\/2026\/06\/12\/mixed-signals-on-us-iran-deal-as-trump-pauses-strikes-and-lng-tankers-cross-hormuz\/780-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/6\/780.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"780.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/6\/780.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/6\/780.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-115742\" class=\"content-area-description single-story post-115742 post type-post status-publish format-standard has-post-thumbnail hentry category-war-watch tag-enterpriseam tag-geopolitics 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>The US <\/strong><strong><a target=\"_blank\" href=\"https:\/\/truthsocial.com\/@realDonaldTrump\/posts\/116732652997120164\" style=\"\">held off<\/a><\/strong><strong> on the fresh round of attacks it <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/trump-iran-were-going-be-attacking-them-very-hard-2026-06-10\/\" style=\"\">had threatened to launch<\/a><\/strong><strong> against Iran <\/strong><strong>after reportedly reaching a peace deal<\/strong>, although Iran denies that the two sides have reached an agreement. \u201cWe have a deal that Iran will never have a nuclear weapon,\u201d US President Donald Trump told reporters yesterday, claiming that the agreement will be signed within days. Trump also claims that \u201call parties involved, including the United States, Israel, Saudi Arabia, UAE, Qatar, Turkey, Pakistan, Bahrain, Kuwait, Jordan, Egypt, and others\u201d have agreed to the deal. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Iran didn\u2019t quite get the memo:<\/strong> Tehran <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/us-iran-trade-attacks-second-day-undermining-shaky-ceasefire-2026-06-11\/\" style=\"\">denies<\/a> having reached a final agreement, as its Foreign Ministry spokesperson said that Tehran has \u201cred lines\u201d it wouldn\u2019t compromise on, even as large portions of the agreement were finalized. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The alleged peace agreement comes as the UAE and Iran <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-06-11\/uae-and-iran-meet-face-to-face-to-try-to-deescalate-tensions\" style=\"\">reportedly met face-to-face<\/a><\/strong><strong> for <\/strong><strong>the first time since the war broke out<\/strong>, as both countries look to protect their economic interests. The meeting is a shift from Abu Dhabi\u2019s previous hawkish position against Iran and towards a diplomatic path to resolving the tensions. The UAE has borne the brunt of Iran\u2019s attacks in the region since the end of February, but was ostensibly absent from the targets in the latest wave of strikes earlier this week. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Amid the back-and-forth on a peace deal that may or may not exist in full, three LNG <\/strong><strong>tankers <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/three-more-lng-tankers-exit-strait-hormuz-2026-06-11\/\" style=\"\">appear to have passed<\/a><\/strong> through the Strait of Hormuz yesterday. The tankers, two of which are controlled by QatarEnergy and one of which belongs to Adnoc, are Asia-bound. <\/p>\n\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\/geopolitics\/\">geopolitics<\/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=\"115744\" 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=\"115744\">\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\">TRADE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/menaplus\/2026\/06\/12\/lebanon-exporters-regain-access-to-saudi-market-after-a-five-year-hiatus\/\">\r\n                            Restored lifeline                        <\/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\/06\/12\/lebanon-exporters-regain-access-to-saudi-market-after-a-five-year-hiatus\/\" 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\/06\/12\/lebanon-exporters-regain-access-to-saudi-market-after-a-five-year-hiatus\/')\">\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\/06\/12\/lebanon-exporters-regain-access-to-saudi-market-after-a-five-year-hiatus\/\">\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=Lebanon exporters regain access to Saudi market after a five-year hiatus&url=https:\/\/enterpriseam.com\/menaplus\/2026\/06\/12\/lebanon-exporters-regain-access-to-saudi-market-after-a-five-year-hiatus\/\">\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\/06\/12\/lebanon-exporters-regain-access-to-saudi-market-after-a-five-year-hiatus\/&title=Lebanon exporters regain access to Saudi market after a five-year hiatus\">\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=Lebanon+exporters+regain+access+to+Saudi+market+after+a+five-year+hiatus+https%3A%2F%2Fenterpriseam.com%2Fmenaplus%2F2026%2F06%2F12%2Flebanon-exporters-regain-access-to-saudi-market-after-a-five-year-hiatus%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\/06\/12\/lebanon-exporters-regain-access-to-saudi-market-after-a-five-year-hiatus\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/482.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"115745\" data-permalink=\"https:\/\/enterpriseam.com\/menaplus\/2026\/06\/12\/lebanon-exporters-regain-access-to-saudi-market-after-a-five-year-hiatus\/482-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/482.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"482.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/482.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/482.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-115744\" class=\"content-area-description single-story post-115744 post type-post status-publish format-standard has-post-thumbnail hentry category-trade tag-enterpriseam tag-lebanon tag-manufacturing tag-saudi-arabia tag-trade 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>Saudi Arabia lifted a ban on Lebanese imports <\/strong>following <a target=\"_blank\" href=\"https:\/\/www.spa.gov.sa\/en\/N2610395\" style=\"\">directives<\/a> from Foreign Minister Faisal bin Farhan bin Abdullah. The decision came in response to requests from Lebanese President Joseph Aoun and Prime Minister Nawaf Salam and is expected to help revive the Lebanese economy and \u201csupport a wide range of Lebanese producers and exporters,\u201d according to a <a target=\"_blank\" href=\"https:\/\/x.com\/LBpresidency\/status\/2064803762682597811\" style=\"\">statement<\/a> from the Lebanese side. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The ban \u2014 first <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/saudi-crown-prince-orders-resumption-lebanese-exports-2026-06-10\/\" style=\"\">imposed in 2021<\/a><\/strong><strong> over illicit substances smuggled through legitimate <\/strong><strong>cargo \u2014 severed what had once been one of Beirut\u2019s most lucrative export channels.<\/strong> Saudi Arabia was routinely Lebanon\u2019s second- or third-largest export market, absorbing 8-8.5% of total shipments, or USD 243-246 mn between 2017-2019, Byblos Bank Chief Economist Nassib Ghobril tells EnterpriseAM. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saudi Arabia is also key for Lebanon\u2019s exports because it served as a transit corridor for <\/strong><strong>Lebanese goods bound for the rest of the Gulf.<\/strong> When the ban took hold, exports slowed significantly in 2022 before fundamentally stopping altogether by 2023, Ghobril says. In 2025, with zero Saudi trade, Lebanon\u2019s trade deficit ballooned to nearly USD 17 bn \u2014 a devastating figure for an economy already starved for hard currency. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Manufacturers in Lebanon survived the export winter in part by relocating to Oman, the <\/strong><strong>UAE, or Egypt<\/strong> \u2014 if they could afford to do so \u2014 and re-emerge as local firms shipping into Saudi Arabia under non-Lebanese flags. But even if the people behind these exports were Lebanese, the goods were exports erased from Lebanon\u2019s ledger and that capacity is now being counted under other countries\u2019 data. Smaller exporters and farmers, however, were unable to make that jump due to financial and practical constraints and ultimately absorbed the full blow. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Now, with the export reopening, Lebanese producers are ready to jump back into <\/strong><strong>Saudi-bound exports<\/strong>, Ghobril says. Years of crisis have driven down local production costs (even if they\u2019ve risen in recent weeks due to war-related oil price spikes), while agricultural output, including apples and poultry, has swung into surplus. This resumption is what Ghobril calls a \u201cpositive shock\u201d that will help incrementally narrow the country\u2019s trade deficit and pull FX into a banking system still reeling from collapse and struggling to find the money to <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/menaplus\/2026\/05\/13\/who-pays-for-lebanons-banking-collapse\/\" style=\"\">finance its deposit recovery plans<\/a>.<\/p>\n\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\/lebanon\/\">Lebanon<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/menaplus\/tag\/manufacturing\/\">manufacturing<\/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\/trade\/\">Trade<\/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=\"115746\" 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=\"115746\">\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\">EARNINGS WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/menaplus\/2026\/06\/12\/mena-airlines-face-a-possible-usd-4-3-bn-in-losses\/\">\r\n                            Empty hubs                        <\/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\/06\/12\/mena-airlines-face-a-possible-usd-4-3-bn-in-losses\/\" 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\/06\/12\/mena-airlines-face-a-possible-usd-4-3-bn-in-losses\/')\">\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\/06\/12\/mena-airlines-face-a-possible-usd-4-3-bn-in-losses\/\">\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 airlines face a possible USD 4.3 bn in losses&url=https:\/\/enterpriseam.com\/menaplus\/2026\/06\/12\/mena-airlines-face-a-possible-usd-4-3-bn-in-losses\/\">\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\/06\/12\/mena-airlines-face-a-possible-usd-4-3-bn-in-losses\/&title=MENA airlines face a possible USD 4.3 bn in losses\">\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+airlines+face+a+possible+USD+4.3+bn+in+losses+https%3A%2F%2Fenterpriseam.com%2Fmenaplus%2F2026%2F06%2F12%2Fmena-airlines-face-a-possible-usd-4-3-bn-in-losses%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\/06\/12\/mena-airlines-face-a-possible-usd-4-3-bn-in-losses\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2026\/6\/749.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"115747\" data-permalink=\"https:\/\/enterpriseam.com\/menaplus\/2026\/06\/12\/mena-airlines-face-a-possible-usd-4-3-bn-in-losses\/749-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/6\/749.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"749.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/6\/749.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/6\/749.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-115746\" class=\"content-area-description single-story post-115746 post type-post status-publish format-standard has-post-thumbnail hentry category-earnings-watch tag-aviation tag-earnings-watch tag-emirates tag-enterpriseam tag-etihad tag-logistics tag-uae 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>MENA airlines will be the world\u2019s only major market in the red this year.<\/strong> The <a target=\"_blank\" href=\"https:\/\/www.iata.org\/en\/publications\/economics\/reports\/global-outlook-for-air-transport-june-2026\/\" style=\"\">International Air Transport Association<\/a> (IATA) projects the region\u2019s carriers will swing to a collective USD 4.3 bn loss in 2026 \u2014 the worst-hit globally \u2014 on airspace closures and lost passenger volumes through March and April. Passenger demand is set to fall 11.4%, while capacity is expected to contract 4.4%. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Jet fuel adds to the pain:<\/strong> IATA assumes Brent crude rates will average USD 95 per barrel, whereas jet fuel is expected to be at USD 152 per barrel in 2026 \u2014 about 70% higher than 2025. Jet fuel prices are a source of pressure for the entire global industry, but GCC airspace closures are what set the region apart. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The dependency that hurts:<\/strong> Gulf carriers depend heavily on east-west transfer <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-06-07\/airlines-see-gains-from-persian-gulf-rivals-absence-wearing-off\" style=\"\">flows<\/a> through Dubai, Doha, and Abu Dhabi, which makes lost connectivity have an outsized impact on earnings. The disruptions opened a near-term opening for rivals like Turkish Airlines and Singapore Airlines on long-haul routes linking Asia and Europe, we <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/menaplus\/2026\/05\/08\/chasing-yields-premium-segments-are-the-new-frontier-for-aviation-competition-amid-regional-disruptions\/\" style=\"\">previously reported<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Recovery talks look too early to call:<\/strong> Etihad CEO Antonoaldo Neves recently <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/aerospace-defense\/etihad-airways-orders-widebody-planes-sees-return-pre-war-capacity-june-2026-06-07\/\" style=\"\">said<\/a> the Abu Dhabi-based carrier is aiming to restore pre-war flying levels plus adding an 8% y-o-y of extra capacity by 15 June. His comments came against the backdrop of a fragile ceasefire that has since seen active US-Iran combat return. <\/p>\n<p class=\"tag-border-left\">In other aviation news <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Riyadh Air\u2019s maiden flight <\/strong><strong><a target=\"_blank\" href=\"https:\/\/x.com\/RiyadhAir\/status\/2064727287077966052\" style=\"\">landed in London<\/a><\/strong><strong> on Wednesday evening<\/strong>, launching the country\u2019s second national airline after Saudia after months of delays primarily due to aircraft delivery setbacks from Boeing. The PIF-backed airline is expected to have a total of eight aircraft in its fleet by the end of next month, CEO <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/saudi-backed-riyadh-air-lands-maiden-flight-iran-conflict-rages-2026-06-10\/\" style=\"\">Tony Douglas said<\/a>. Riyadh Air is currently operating flights to six cities, with plans to reach 22 cities by next March. <\/p>\n\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\/aviation\/\">aviation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/menaplus\/tag\/earnings-watch\/\">EARNINGS WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/menaplus\/tag\/emirates\/\">Emirates<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/menaplus\/tag\/etihad\/\">Etihad<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/menaplus\/tag\/logistics\/\">LOGISTICS<\/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                            <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=\"115748\" 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=\"115748\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">INVESTMENT WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/menaplus\/2026\/06\/12\/oman-secures-usd-9-bn-in-new-investments-led-by-green-projects\/\">\r\n                            Green lights                        <\/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\/06\/12\/oman-secures-usd-9-bn-in-new-investments-led-by-green-projects\/\" 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\/06\/12\/oman-secures-usd-9-bn-in-new-investments-led-by-green-projects\/')\">\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\/06\/12\/oman-secures-usd-9-bn-in-new-investments-led-by-green-projects\/\">\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=Oman secures USD 9 bn in new investments led by green projects&url=https:\/\/enterpriseam.com\/menaplus\/2026\/06\/12\/oman-secures-usd-9-bn-in-new-investments-led-by-green-projects\/\">\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\/06\/12\/oman-secures-usd-9-bn-in-new-investments-led-by-green-projects\/&title=Oman secures USD 9 bn in new investments led by green projects\">\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=Oman+secures+USD+9+bn+in+new+investments+led+by+green+projects+https%3A%2F%2Fenterpriseam.com%2Fmenaplus%2F2026%2F06%2F12%2Foman-secures-usd-9-bn-in-new-investments-led-by-green-projects%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\/06\/12\/oman-secures-usd-9-bn-in-new-investments-led-by-green-projects\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/294.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"115749\" data-permalink=\"https:\/\/enterpriseam.com\/menaplus\/2026\/06\/12\/oman-secures-usd-9-bn-in-new-investments-led-by-green-projects\/294-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/294.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"294.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/294.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/294.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-115748\" class=\"content-area-description single-story post-115748 post type-post status-publish format-standard has-post-thumbnail hentry category-investment-watch tag-auto tag-energy tag-enterpriseam tag-investment-watch tag-oman tag-swfs tag-zones 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>Oman attracted more than USD 9 bn in new investment commitments this week<\/strong>, as its Duqm special economic zone drew USD 7.5 bn across 10 deals and Future Fund Oman earmarked a further USD 1.5 bn for priority sectors.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The bulk of that headline figure came from the Duqm special economic zone<\/strong>, where the Public Authority for Special Economic Zones and Free Zones (Opaz) <a target=\"_blank\" href=\"https:\/\/www.agbi.com\/finance\/2026\/06\/omans-duqm-special-economic-zone-draws-7-5bn-investment\/\" style=\"\">signed 10 agreements<\/a> worth nearly OMR 3 bn (USD 7.5 bn) combined. Green energy and electric vehicles were the primary focus of these agreements, led by the OMR 1.6 bn expansion of Acme\u2019s green hydrogen project and stretching into power generation, EV battery materials, and tourism. The capital came from abroad as much as at home, with investors from China, India, South Korea, the Philippines, Germany and Egypt joining local players. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Days earlier, Future Fund Oman (FFO), owned by the Oman Investment Authority,<\/strong> <strong><a target=\"_blank\" href=\"https:\/\/www.agbi.com\/finance\/2026\/06\/omani-fund-allocates-1-5bn-for-priority-sectors\/\" style=\"\">announced<\/a><\/strong><strong> a OMR 570 mn (USD 1.5 bn) package<\/strong> targeting renewable energy, industry and technology, healthcare, tourism, and food security. Seven direct projects and a portfolio of strategic schemes will absorb 90% of the capital, with the remainder earmarked for SMEs and startups.<\/p>\n\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\/auto\/\">Auto<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/menaplus\/tag\/energy\/\">ENERGY<\/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\/oman\/\">Oman<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/menaplus\/tag\/swfs\/\">SWFs<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/menaplus\/tag\/zones\/\">ZONES<\/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=\"115750\" 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=\"115750\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/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\/06\/12\/egypt-clears-usd-6-1-bn-of-ioc-arrears-in-push-to-restore-credibility-attract-energy-sector-fdi\/\">\r\n                            Tab closed                        <\/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\/06\/12\/egypt-clears-usd-6-1-bn-of-ioc-arrears-in-push-to-restore-credibility-attract-energy-sector-fdi\/\" 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\/06\/12\/egypt-clears-usd-6-1-bn-of-ioc-arrears-in-push-to-restore-credibility-attract-energy-sector-fdi\/')\">\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\/06\/12\/egypt-clears-usd-6-1-bn-of-ioc-arrears-in-push-to-restore-credibility-attract-energy-sector-fdi\/\">\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=Egypt clears USD 6.1 bn of IOC arrears in push to restore credibility, attract energy sector FDI&url=https:\/\/enterpriseam.com\/menaplus\/2026\/06\/12\/egypt-clears-usd-6-1-bn-of-ioc-arrears-in-push-to-restore-credibility-attract-energy-sector-fdi\/\">\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\/06\/12\/egypt-clears-usd-6-1-bn-of-ioc-arrears-in-push-to-restore-credibility-attract-energy-sector-fdi\/&title=Egypt clears USD 6.1 bn of IOC arrears in push to restore credibility, attract energy sector FDI\">\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=Egypt+clears+USD+6.1+bn+of+IOC+arrears+in+push+to+restore+credibility%2C+attract+energy+sector+FDI+https%3A%2F%2Fenterpriseam.com%2Fmenaplus%2F2026%2F06%2F12%2Fegypt-clears-usd-6-1-bn-of-ioc-arrears-in-push-to-restore-credibility-attract-energy-sector-fdi%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\/06\/12\/egypt-clears-usd-6-1-bn-of-ioc-arrears-in-push-to-restore-credibility-attract-energy-sector-fdi\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/2095.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"115751\" data-permalink=\"https:\/\/enterpriseam.com\/menaplus\/2026\/06\/12\/egypt-clears-usd-6-1-bn-of-ioc-arrears-in-push-to-restore-credibility-attract-energy-sector-fdi\/2095-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/2095.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2095.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/2095.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/2095.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-115750\" class=\"content-area-description single-story post-115750 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-egypt tag-energy tag-enterpriseam 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\">A clean slate<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egypt\u2019s Oil Ministry fully cleared its outstanding arrears to international oil companies, which peaked at US<\/strong><strong>D 6.1 bn accrued since June 2024<\/strong>, according to a statement (<a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptMOPMR\/posts\/pfbid02ZLovag2wFamLVRmiB217KDMj8DM71JzXfjLMTMeaFCnPuF25pQjf2pmV22ZZMDbCl#\" style=\"\">watch, runtime: 05:57<\/a>). The payment fulfills a government promise to the energy sector aimed at helping reverse years of declining domestic production.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why it matters: <\/strong><a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/04\/09\/egypt-pays-credibility-tax-to-keep-its-energy-hub-dreams-viable\/\" style=\"\">Clearing the backlog<\/a> was the linchpin of the government\u2019s investor-confidence strategy. Combined with sweeter commercial terms, settling the debts has already unlocked a <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/05\/10\/energy-giants-pledge-usd-19-bn-to-our-petroleum-sector\/\" style=\"\">USD 19 bn<\/a> investment pledge from global energy majors, which sets the state up to hit its <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/05\/06\/govt-wants-to-attract-usd-44-bn-in-investment-next-fiscal-year\/\" style=\"\">USD 6.2 bn<\/a> sector FDI target next fiscal year. However, even with capital flowing back in, offshore drilling and infrastructure development take years, meaning a significant rebound in domestic output won\u2019t happen overnight.<\/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\">Around the strait<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Kuwait is shipping crude to Asia from outside Hormuz.<\/strong> At least 4 mn barrels of medium-sour Kuwait Export Crude are being marketed to refiners in China and South Korea with the cargoes already positioned outside the strait for prompt delivery, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-06-09\/kuwait-offers-oil-to-asian-buyers-for-first-time-since-war-began?srnd=phx-industries-energy\" style=\"\">Bloomberg<\/a> reports, citing traders familiar with the matter. These are the first spot offers to Asia since the regional conflict began. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Tanker activity around Kuwait\u2019s export system is picking up.<\/strong> VLCCs Al Riqqa and Dar Salwa were last tracked loading at Mina Al Ahmadi in late May and early June before their AIS signals stopped transmitting. Their current locations remain unknown, but the timing suggests Kuwait may be building a buffer of export barrels beyond the strait to preserve access to Asian buyers. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Kuwait Petroleum is in discussions with Saudi Arabia and the UAE about expanding their <\/strong><strong>existing pipeline systems<\/strong> to accommodate Kuwaiti crude exports, CEO Sheikh Nawaf Al Sabah <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-06-09\/kuwait-oil-chief-seeks-pipeline-alternatives-to-skirt-hormuz?srnd=phx-industries-energy\" style=\"\">said<\/a>. No timeline was provided, and the stage of the discussions remains unclear.<\/p>\n\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\/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\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/menaplus\/tag\/energy\/\">ENERGY<\/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=\"115752\" 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=\"115752\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">10<\/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\/06\/12\/dp-world-looks-to-capital-markets-to-refinance-usd-2-6-bn-in-due-maturities-this-year\/\">\r\n                            Liquidity rich, but refinancing preferred                        <\/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\/06\/12\/dp-world-looks-to-capital-markets-to-refinance-usd-2-6-bn-in-due-maturities-this-year\/\" 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\/06\/12\/dp-world-looks-to-capital-markets-to-refinance-usd-2-6-bn-in-due-maturities-this-year\/')\">\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\/06\/12\/dp-world-looks-to-capital-markets-to-refinance-usd-2-6-bn-in-due-maturities-this-year\/\">\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=DP World looks to capital markets to refinance USD 2.6 bn in due maturities this year&url=https:\/\/enterpriseam.com\/menaplus\/2026\/06\/12\/dp-world-looks-to-capital-markets-to-refinance-usd-2-6-bn-in-due-maturities-this-year\/\">\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\/06\/12\/dp-world-looks-to-capital-markets-to-refinance-usd-2-6-bn-in-due-maturities-this-year\/&title=DP World looks to capital markets to refinance USD 2.6 bn in due maturities this year\">\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=DP+World+looks+to+capital+markets+to+refinance+USD+2.6+bn+in+due+maturities+this+year+https%3A%2F%2Fenterpriseam.com%2Fmenaplus%2F2026%2F06%2F12%2Fdp-world-looks-to-capital-markets-to-refinance-usd-2-6-bn-in-due-maturities-this-year%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\/06\/12\/dp-world-looks-to-capital-markets-to-refinance-usd-2-6-bn-in-due-maturities-this-year\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/10\/1384.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"115753\" data-permalink=\"https:\/\/enterpriseam.com\/menaplus\/2026\/06\/12\/dp-world-looks-to-capital-markets-to-refinance-usd-2-6-bn-in-due-maturities-this-year\/1384-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/10\/1384.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1384.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/10\/1384.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/10\/1384.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-115752\" class=\"content-area-description single-story post-115752 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking tag-debt-markets tag-dp-world tag-enterpriseam tag-uae 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>DP World is reassuring bond investors as it lines up refinancing for USD 2.6<\/strong><strong> bn in debt maturing this year.<\/strong> The company has been meeting creditors to keep market options open despite the war, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-06-10\/dp-world-meets-bond-investors-to-allay-worries-over-war-s-impact\" style=\"\">Bloomberg<\/a> reports. It likely has the cash to repay outright but would rather tap the market. Fitch expects DP World to settle maturities through a mix of capital markets and liquidity.<\/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> ConocoPhillips could become the first major oil company to sign a definitive <\/strong><strong>exploration agreement in post-Assad Syria. <\/strong>The Syrian Petroleum Corporation is set to ink the onshore exploration and development agreement in the coming days, Energy Minister Mohammad Al Bashir tells the <a target=\"_blank\" href=\"https:\/\/asharqbusiness.com\/power\/136032\/%D8%B3%D9%88%D8%B1%D9%8A%D8%A7-%D8%AA%D9%88%D9%82%D8%B9-%D8%B9%D9%82%D9%88%D8%AF%D8%A7-%D9%85%D8%B9-%D9%83%D9%88%D9%86%D9%88%D9%83%D9%88-%D9%81%D9%8A%D9%84%D9%8A%D8%A8%D8%B3-%D8%AE%D9%84%D8%A7%D9%84-%D8%A3%D9%8A%D8%A7%D9%85-%D9%84%D8%A7%D8%B3%D8%AA%D9%83%D8%B4%D8%A7%D9%81-%D8%A7%D9%84%D8%BA%D8%A7%D8%B2\/\" style=\"\">Arab press<\/a>. The agreement would formalize an MoU the US company signed last November. <\/p>\n<p><strong>This is distinct from the MoU ConocoPhillips <\/strong><strong><a target=\"_blank\" href=\"https:\/\/asharqbusiness.com\/power\/136032\/%D8%B3%D9%88%D8%B1%D9%8A%D8%A7-%D8%AA%D9%88%D9%82%D8%B9-%D8%B9%D9%82%D9%88%D8%AF%D8%A7-%D9%85%D8%B9-%D9%83%D9%88%D9%86%D9%88%D9%83%D9%88-%D9%81%D9%8A%D9%84%D9%8A%D8%A8%D8%B3-%D8%AE%D9%84%D8%A7%D9%84-%D8%A3%D9%8A%D8%A7%D9%85-%D9%84%D8%A7%D8%B3%D8%AA%D9%83%D8%B4%D8%A7%D9%81-%D8%A7%D9%84%D8%BA%D8%A7%D8%B2\/\" style=\"\">signed<\/a><\/strong> <strong> last month to explore offshore <\/strong><strong>exploration in Block 3, <\/strong>alongside TotalEnergy and QatarEnergy. Other IOCs reviewing possible offshore exploration include Chevron and the Qatar-based Power International Holding. <\/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\">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>LIV Golf\u2019s CEO can\u2019t confirm PIF funding will continue through the rest of the 2026<\/strong><strong> season.<\/strong> Scott O\u2019Neil told CNBC the league is proceeding on the basis of the PIF\u2019s public commitment to do so, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/sports\/golf\/liv-golf-ceo-taking-pif-their-word-fund-remainder-26-season--flm-2026-06-09\/\" style=\"\">Reuters<\/a> reports. This comes days after <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/menaplus\/2026\/06\/10\/saudi-may-end-up-with-an-outsized-cancelation-bill-in-neom\/\" style=\"\">reports emerged<\/a> that the Saudi sovereign wealth fund may not cover the rest of the season. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Seeking new investors:<\/strong> With the PIF <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/ksa\/2026\/05\/03\/pif-cuts-the-liv-golf-cord\/\" style=\"\">pulling the plug<\/a> last month on LIV after the 2026 season ends and former LIV chairman Yasir Al Rumayyan exiting, LIV is reportedly looking for USD 250-350 mn from new backers to support a planned LIV 2.0 strategy.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Final events in question:<\/strong> O\u2019Neil also declined to confirm LIV\u2019s last four tournaments of the season \u2014 in England, New Jersey, Indianapolis, and Michigan \u2014 will go ahead. LIV Golf Louisiana was recently postponed, leaving a six-week gap in the schedule before play resumes in the UK in late July.<\/p>\n\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\/debt-markets\/\">Debt Markets<\/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\/uae\/\">UAE<\/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=\"115754\" 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\/06\/12\/115754\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-115754\" class=\"content-area-description single-story post-115754 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\">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\">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\">21-24 June<\/span><span style=\"\"> \u2014 Afreximbank Annual Meetings. <\/span><span style=\"font-weight:400;\">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\">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\">2 July<\/span><span style=\"\"> \u2014 Parliamentary elections. <\/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\">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\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>Should \u201csecuritized debt\u201d keep you awake at night? | The Gulf \u2764\ufe0f SpaceX |  Big Oman IPO pushes ahead | It\u2019s not all doom and gloom in Dubai real estate<\/p>\n","protected":false},"featured_media":115733,"menu_order":0,"template":"","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,"footnotes":""},"categories":[],"tags":[],"class_list":["post-115732","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"753e4423-a674-4b5c-8773-23d74ad2e5d5","teaser":"Should \u201csecuritized debt\u201d keep you awake at night? | The Gulf \u2764\ufe0f SpaceX |  Big Oman IPO pushes ahead | It\u2019s not all doom and gloom in Dubai real estate","photo_url":"https:\/\/ent.news\/2026\/1\/14.jpg"},"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>Securitize all the things - MENA+ Edition<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/menaplus\/issues\/securitize-all-the-things\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Securitize all the things\" \/>\n<meta property=\"og:description\" content=\"Should \u201csecuritized debt\u201d keep you awake at night? | The Gulf \u2764\ufe0f SpaceX | Big Oman IPO pushes ahead | It\u2019s not all doom and gloom in Dubai real estate\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/menaplus\/issues\/securitize-all-the-things\/\" \/>\n<meta property=\"og:site_name\" content=\"MENA+ Edition\" \/>\n<meta property=\"article:modified_time\" content=\"2026-06-12T07:12:36+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2026\/1\/14.jpg?fit=%2C&ssl=1\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/menaplus\/issues\/securitize-all-the-things\/\",\"url\":\"https:\/\/enterpriseam.com\/menaplus\/issues\/securitize-all-the-things\/\",\"name\":\"Securitize all the things - MENA+ Edition\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/menaplus\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/menaplus\/issues\/securitize-all-the-things\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/menaplus\/issues\/securitize-all-the-things\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2026\/1\/14.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2026-06-12T00:00:00+00:00\",\"dateModified\":\"2026-06-12T07:12:36+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/menaplus\/issues\/securitize-all-the-things\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/menaplus\/issues\/securitize-all-the-things\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/menaplus\/issues\/securitize-all-the-things\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2026\/1\/14.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2026\/1\/14.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/menaplus\/issues\/securitize-all-the-things\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/menaplus\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Issues\",\"item\":\"https:\/\/enterpriseam.com\/menaplus\/AMarchives\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Securitize all the things\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/menaplus\/#website\",\"url\":\"https:\/\/enterpriseam.com\/menaplus\/\",\"name\":\"MENA+ Edition\",\"description\":\"MENA+ Edition\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/menaplus\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/menaplus\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/menaplus\/#organization\",\"name\":\"MENA+ Edition\",\"url\":\"https:\/\/enterpriseam.com\/menaplus\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/menaplus\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/42998.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/42998.svg\",\"caption\":\"MENA+ Edition\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/menaplus\/#\/schema\/logo\/image\/\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Securitize all the things - MENA+ Edition","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/menaplus\/issues\/securitize-all-the-things\/","og_locale":"en_US","og_type":"article","og_title":"Securitize all the things","og_description":"Should \u201csecuritized debt\u201d keep you awake at night? | The Gulf \u2764\ufe0f SpaceX | Big Oman IPO pushes ahead | It\u2019s not all doom and gloom in Dubai real estate","og_url":"https:\/\/enterpriseam.com\/menaplus\/issues\/securitize-all-the-things\/","og_site_name":"MENA+ Edition","article_modified_time":"2026-06-12T07:12:36+00:00","twitter_card":"summary_large_image","twitter_image":"https:\/\/i0.wp.com\/ent.news\/2026\/1\/14.jpg?fit=%2C&ssl=1","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/menaplus\/issues\/securitize-all-the-things\/","url":"https:\/\/enterpriseam.com\/menaplus\/issues\/securitize-all-the-things\/","name":"Securitize all the things - MENA+ Edition","isPartOf":{"@id":"https:\/\/enterpriseam.com\/menaplus\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/menaplus\/issues\/securitize-all-the-things\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/menaplus\/issues\/securitize-all-the-things\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2026\/1\/14.jpg?fit=%2C&ssl=1","datePublished":"2026-06-12T00:00:00+00:00","dateModified":"2026-06-12T07:12:36+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/menaplus\/issues\/securitize-all-the-things\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/menaplus\/issues\/securitize-all-the-things\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/menaplus\/issues\/securitize-all-the-things\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2026\/1\/14.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2026\/1\/14.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/menaplus\/issues\/securitize-all-the-things\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/menaplus\/"},{"@type":"ListItem","position":2,"name":"Issues","item":"https:\/\/enterpriseam.com\/menaplus\/AMarchives\/"},{"@type":"ListItem","position":3,"name":"Securitize all the things"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/menaplus\/#website","url":"https:\/\/enterpriseam.com\/menaplus\/","name":"MENA+ Edition","description":"MENA+ Edition","publisher":{"@id":"https:\/\/enterpriseam.com\/menaplus\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/menaplus\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/menaplus\/#organization","name":"MENA+ Edition","url":"https:\/\/enterpriseam.com\/menaplus\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/menaplus\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/42998.svg","contentUrl":"https:\/\/ent.news\/internal\/42998.svg","caption":"MENA+ Edition"},"image":{"@id":"https:\/\/enterpriseam.com\/menaplus\/#\/schema\/logo\/image\/"}}]}},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/menaplus\/wp-json\/wp\/v2\/issue\/115732","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/menaplus\/wp-json\/wp\/v2\/issue"}],"about":[{"href":"https:\/\/enterpriseam.com\/menaplus\/wp-json\/wp\/v2\/types\/issue"}],"version-history":[{"count":1,"href":"https:\/\/enterpriseam.com\/menaplus\/wp-json\/wp\/v2\/issue\/115732\/revisions"}],"predecessor-version":[{"id":115774,"href":"https:\/\/enterpriseam.com\/menaplus\/wp-json\/wp\/v2\/issue\/115732\/revisions\/115774"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/menaplus\/wp-json\/wp\/v2\/media\/115733"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/menaplus\/wp-json\/wp\/v2\/media?parent=115732"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/menaplus\/wp-json\/wp\/v2\/categories?post=115732"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/menaplus\/wp-json\/wp\/v2\/tags?post=115732"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}