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What the markets are doing on 11 February 2021
Saudi Arabia’s economy continued to rebound from recession in the final quarter of 2020, growing by 2.8% compared to the…
Egypt won’t tap debt market again before 2H, no decision on wheat hedging –Maait
Egypt has no plans to return to the international debt market before the end of the first half, Finance Minister…
What the markets are doing on 9 February 2021
Is the oil market in a “post-vaccine euphoria”? That’s what trading houses Vitol and Gunvor Group are signaling after oil…
Having fun? There’s gonna be a tax for that. Plus: Shippers get a break.
That tax on fun is back on the menu: Amendments to the tax code that would raise taxes on cinemas,…
Export subsidy haircut scheme extended into 2021
Export subsidy payout program carries forward to 2021: Exporters will be able to apply to receive back-due subsidy payments in…
Companies in dedicated investment zones are in line for a VAT exemption
Goods and services from special economic zones (SEZs) may soon be made VAT-exempt under draft legislative amendments approved by the…
Egypt backs Aboul Gheit for second Arab League term
Egypt plans to nominate Ahmed Aboul Gheit to serve a second five-year term as secretary-general of the Arab League, Saudi’s…
Protests in Tunisia, Russia. Plus: Qatar says it’s not going to tell Al Jazeera to shush.
Protesters in Tunisia are marching like it’s 2011 as hundreds took the the streets of Tunis yesterday, reports Reuters. Hundreds…
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