enterpriseam

Gulf borrowers lean on Chinese lenders for scale and cheaper, longer-dated money

Chinese lenders are back in size across the Gulf, on the heels of QatarEnergy’s USD 3 bn facility from four Chinese banks. They offer large commitments, competitive borrowing costs, and longer ...
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One of Bahrain’s biggest foreign education investors says expansion plan is still on despite regional headwinds

Esol’s Bahrain operation kept its teachers through a two-month shutdown, even as enrollment slipped off target ...
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Houthis continue striking airports, oil facilities

The Houthis have told shipping companies, workers, and civilians to clear Saudi airports and oil facilities, saying they will keep striking both in the coming days. The group clai ...
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Aramco’s Hapco refinery takes first crude as 2027 kickoff approaches

Saudi Aramco and its Chinese partners have received the first Arabian crude shipment at their Hapco refining and petrochemical complex in Liaoning province, and commercial operations could begin in 1Q ...
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New Cairo’s Whispering Brew is all about laid-back rendezvous and classic dishes

Sometimes you just grow tired of the usual breakfast spots — it’s human nature. On such days, it can also prove tiresome to search ...
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Iraq rounds out Al Zaidi’s cabinet, mulls more ministries despite ballooning payroll

Iraq’s parliament filled 11 vacant minister positions and approved three deputy prime ministers yesterday, rounding out Prime Minister Ali Al Zaidi’s cabinet nine days after Baghdad devalued its ...
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Aldar makes its Sharjah debut, moves from Adia and Mubadala, GFH sells another US asset, and JustAd secures USD 5 mn

REMEMBER- Mubadala Capital agreed to acquire the company alongside US investment firm TWG Global in February, offering shareholders USD 2.43 apiece at a 71% premium to the unaffected share price. The ...
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DP World names Jason Varsamidis as CEO and MD for Asia Pacific

DP World tapped Jason Varsamidis (LinkedIn) as CEO and managing director for the Asia Pacific region, the logistics giant said in a press release. Varsamidis previously served as CFO for the region at ...
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TODAY: Agility to sell Tristar at a USD 1.5 bn valuation + Kuwait is in talks to join Saudi Arabia’s Red Sea pipeline

Agility is selling its 65.12% stake in Tristar to India’s Aegis Logistics for up to USD 581 mn, in an agreement that values the Dubai-based fuel logistics player at USD 1.5 bn including debt. Agility ...
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Saudi national hiring concentrates in high-skill roles as expats carry gigaproject buildout

For every net new Saudi hired into the Kingdom’s private sector over the past year, employers added roughly 3.4 non-Saudis. The private workforce grew 7% y-o-y to 13.6 mn by end-2Q 2026, with Saudi ...
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Empty Vessel traces four decades of global economic transformation through the history of a single ship

The global economy, told through one ship. In Empty Vessel: The Story of the Global Economy in One Barge , historian Ian ...
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Kuwait eyes Fujairah for oil exports

Kuwait is studying access to a pipeline route through the UAE to Fujairah as it looks to bypass the Strait of Hormuz for its oil exports, Deputy CEO for Planning and Innovation at Kuwait Oil Company ...