12+ hour, 25+ min ago   (215+ words) Kapur’s read? Years of Golden Visa-driven inflows, a maturing product shelf, and a regulatory framework built around long-term wealth holders cannot easily be “reversed,” Kapur says. Other established wealth hubs like Singapore, London, and Zurich have all weathered turbulence in…...

1+ day, 12+ hour ago   (171+ words) Why Saudi first? Jayasom was founded about 11 years ago and had expected a project in Ibiza, Spain, to be its first operating property. “Saudi was faster,” Campbell said. “They have a lot of motivation and a lot of resources.” Around…...

1+ day, 12+ hour ago   (646+ words) Good morning, all. It’s a tense start to the week, with the war closing in on the two arteries that have kept Saudi crude moving. The timing makes our second story read differently: S&P affirmed Saudi Arabia’s A+ rating…...

1+ day, 12+ hour ago   (444+ words) The war had already dented the oil economy. S&P already expects real GDP to contract 0.9% this year, with the 2Q reading showing a 4.7% y-o-y fall, the steepest since Covid, on a 24.8% drop in oil activity and output tumbling to an…...

4+ day, 12+ hour ago   (429+ words) EnterpriseAM Available in your choice of English or Arabic Majid Al Futtaim (MAF) reported record first-half EBITDA of AED 2.5 bn, up 11% y-o-y, with net operating income after tax rising 25% to AED 1.8 bn, according to its earnings release. Revenue rose 1.4% y-o-y…...

5+ day, 12+ hour ago   (966+ words) Good morning, friends. Every headline number in today’s issue is a good one, but not one of them means what it looks like on the surface. The question we’ll carry through the rest of the issue is what happens when…...

6+ day, 12+ hour ago   (292+ words) Another global manager lands in DIFC BACKGROUND- Mirae joins a steady stream of global managers setting up in the hub to get closer to regional capital, just days after French asset manager Carmignac opened its first Middle East office there....

1+ week, 1+ day ago   (710+ words) Good morning, wonderful people. It’s a tech-forward morning, and the throughline is scale — who’s building it, who’s funding it, and who’s finally getting a slice. AND- Leap closed its four-day run on the little guys. The final day pushed more…...

1+ week, 1+ day ago   (171+ words) 10.49% Spimaco stake goes up for sale ADVISORS- GIB Capital is the financial adviser and bookrunner for Acdima. 3C codes a path to Saudi Saudi Arabia is the next growth market for Egyptian edtech 3C Coding School, which raised USD 3 mn in a…...

1+ week, 1+ day ago   (299+ words) Saudi Arabia’s non-oil private sector picked up speed in August: The Kingdom’s Purchasing Managers’ Index (PMI) rose to 53.8 from 53.1 in July, a six-month high and a fifth straight month of expansion, according to Riyad Bank Saudi Arabia’s latest report (pdf)....