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Greenback hits six-month high as Fed warns rates will remain higher for longer
The greenback has now climbed more than 6% since the middle of July
ADES on course to raise USD 1.2 bn in Saudi IPO
The company is expected to price its shares at the top of the range
The US is letting Egypt have more of its human rights-linked military aid
The Biden administration blocked Egypt from receiving USD 130 mn of aid in 2021 and 2022 on human rights grounds
Egypt remains attractive to foreign investors
A series of roadshows that we have helped organize for clients in Asia this year have underscored how highly investors…
ADES eyes USD 1.2 bn from Saudi IPO
The IPO is expected to be Saudi Arabia’s largest offering this year
Gov’t to sell 70% stake in Siemens-built power plant. PLUS: Updates on Zafarana, Helwan Fertilizers sales.
The transaction could be worth as much as USD 1.9 bn, according to government estimates
ADES International to IPO in Riyadh in September
Bookbuilding kicks off on 10 September
The COP28 countdown continues – this is the Middle East’s time to shine
Today marks 100 days until the start of the United Nations COP28 climate summit that will convene governments, NGOs, businesses,…
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