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What we’re tracking on 9 August 2020
Good morning, friends, and welcome to another late-summer workweek. It’s the last full week before some of our readers send…
Rubex to restart expansion plans after covid-caused delays
Plastic and acrylic manufacturer Rubex is restarting plans to build four new factories this year, after having put the expansion…
Optimism for a recovery following a 2020 pummeling in the Middle East
2020 sucks, but folks in the GCC are increasingly optimistic about prospects for a recovery: Although low oil prices and…
Stimulus overkill could trigger a fiscal crisis in emerging markets
The wave of covid-19 stimulus is putting emerging markets in a bind: Emerging markets may be lining themselves up for…
Non-oil business activity hits 12-month high in July
Non-oil business activity hits 12-month high in July: Activity in Egypt’s non-oil private sector contracted at its slowest rate in…
Middle East M&A activity continues to fall due to covid-19 pandemic
M&A WATCH- The value of M&A activity in the Middle East fell 58% y-o-y in 1H2020, outpacing the global average…
What we’re tracking on 5 August 2020
The story of the morning isn’t here in Egypt, but next door in Lebanon, where Beirut is reeling from a…
Earnings watch : Edita, MM Group report 1H2020 results
EARNINGS WATCH- Pandemic lockdown weighed on Edita’s 2Q2020 performance: The covid-19 pandemic and the partial lockdown the government imposed weighed…
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