enterpriseam

Syria begins work on the Arab Gas Pipeline stretch that would connect Jordan's border to Turkey’s

Syria has started building the stretch of the Arab Gas Pipeline that would link the Jordanian border to the Turkish one. The Syrian Petroleum Company is laying an 186 km, 36-inch section that will ...
enterpriseam

Abu Dhabi’s L’imad is leading the Zero Hormuz push to route trade around the strait

Abu Dhabi’s newest wealth fund is set to become the main vehicle for routing the emirate’s trade around the Strait of Hormuz. L’imad Holding is likely to spend USD tens of bns on new port ...
enterpriseam

The UAE’s domestic payments rails are in place, but the money hasn’t moved yet

The UAE has assembled a full-stack domestic payments system but whether it delivers the cheaper, more resilient payments it was built for depends on ...
enterpriseam

MENA sovereign funds lose global ground as sovereign investors elsewhere speed up

Funds in the region have fallen behind the global average as SWFs in the rest of the world have accelerated their capital deployment ...
enterpriseam

Egypt’s biggest listing in years tests whether foreign buyers come back to the EGX

MNT Halan is the first live IPO the region has seen since Omifco, and the biggest name Egypt has sent to market in years. Foreigners have been net sellers of EGX equities all year, so what the book ...
enterpriseam

Morocco gets its first woman prime minister

Fatima Zahra El Mansouri is Morocco’s first woman prime minister, after King Mohammed VI appointed her as the country’s new head of government on Tuesday, Morocco World News reports. El Mansouri was ...
enterpriseam

Saudi Arabia developing new oil pipeline to Oman's Duqm, bypassing Hormuz

Saudi Arabia is developing a new oil pipeline to Oman’s Duqm port, bypassing the Strait of Hormuz, according to TotalEnergies CEO Patrick Pouyanné. While no additional information was shared, VP at ...
enterpriseam

Three tankers hit in Hormuz as regional leaders talk de-escalation

Good afternoon, friends. We’re ending the week with a clear geopolitical theme, as three tankers have been hit in the Strait of Hormuz this ...
enterpriseam

Flydubai halts Tel Aviv routes after emergency landing and onboard altercation

Flydubai has suspended all flights to and from Israel “until further notice” as authorities investigate Wednesday’s FZ1073 incident, which saw a flydubai flight from Dubai to Tel Aviv make an ...
enterpriseam

THIS MORNING: UAE officials order investigation into flydubai incident + Paramount takeover gets a timeline and a financing plan

UAE authorities have opened an investigation into Wednesday's incident aboard flydubai flight FZ1073, and the airline has suspended all flights to and from Israel until further notice. Israeli ...
enterpriseam

Bittersweet is a versatile social house for the casual, the fancy, and the in-between

Restaurants that make room for your breakfast, lunch, dinner, and all those casual in-between plans are true godsends , making scattered going-out options ...
enterpriseam

MNT-Halan kicks off one of Egypt’s biggest IPOs in years

Good morning, friends, and happy first Friday of October. It’s been a busy week in the press, and we’ve got the recap below.