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GB Auto steps into Jordanian market with MG distribution JV
The JV — dubbed GKS — will be the exclusive distributor of MG passenger cars in Jordan
Valu plans to IPO within a year + Jordan expansion pushed back
EFG Hermes will act as the financial advisor for the transaction
UN, Arab officials say Israel plans to force Palestinians into Egypt
UN, Arab officials warn about forced displacement: As the Israeli military’s assault on south Gaza pushes thousands of Palestinians closer…
Elsewedy Electric, Arab Contractors secure USD 500 mn Afreximbank credit facilities. PLUS: New pharma company acquires stakes in Jordanian diagnostics player
Afreximbank previously supported a dam project developed by Elsewedy and Arab Contractors
InstaPay could offer remittances from UAE, Jordan, KSA next year
The plan is the latest in a string of measures taken by the government to drum up hard currency in…
Blinken rebuffs Arab calls for ceasefire in Gaza as humanitarian crisis grows
Israel has also rejected a temporary ceasefire until Hamas releases all of the hostages
Beltone to enter Jordanian market before year end
The Egyptian financial services company will make a USD 20 mn equity investment in Al Wasleh
Middle East a “ticking time bomb,” says El Sisi, as Israel escalates Gaza war
Egyptian telcos are deploying mobile stations to help end Israel’s communications blackout in Gaza
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