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Posted inPLANET FINANCE

The Saudi sovereign wealth fund is creating a national champion in its steel industry

Saudi sovereign wealth fund’s steel takeover: The Public Investment Fund (PIF) is on course to take over two of Saudi Arabia’s largest steel producers as it looks to create a giant “national champion,” it said in a statement yesterday. The wealth fund will take control of Sabic’s metals unit, Saudi Iron & Steel Company (Hadeed), […]

Posted inCALENDAR

SEPTEMBER September: Hassan Allam Utilities + Agility to open Yanmu East logistics park. September: Sustainable Debt Coalition Initiative agreed at COP27 to launch. September: IDH to open first branch in Saudi Arabia. September: The Egypt-Germany trade and investment joint conference in Cairo. September: JETRO’s second delegation arrives in Cairo. End of September: ADQ to acquire […]

Posted inWHAT WE’RE TRACKING TONIGHT

THIS EVENING: Beltone inks share purchase agreement to acquire 100% of Cash

Good afternoon, friends. We hope that your week has gotten off to a smooth start as we shift gears back into work-mode. CLARIFICATION- New patisserie Fôu is open for business from tomorrow — order from the comfort of your couch. The grand opening of Farah El Charkawy’s new online-only patisserie Fôu, which we wrote about […]

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