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IDG-led consortium to sign MoU to develop Beni Suef dry port. PLUS: Jumia + Aman, Valu + EBI, Rakta + Al Ahly Pharos, Kima + Tecnimont
The port project could require some USD 500 mn according to a local news outlet
Egypt condemns Israel’s forced displacement of Palestinians, demands Israel and the US allow aid to enter Gaza
Almost half of Gaza’s 2.3 mn population have been displaced by Israel’s onslaught, according to the UN
Kurdish militants target Turkish parliament in bomb attack
Two Kurdish militants detonated a bomb close to the Turkish parliament building in Ankara yesterday, the same day that MPs…
Saudi Arabia suspends normalization talks with Israel -Elaph
Did Riyadh just break off normalization talks with Israel? That’s according to the London-based news outlet Elaph, which reported last…
Oman could be heading to its biggest-ever IPO
The company could raise as much as USD 771 mn when it floats 49% of its share capital on the…
A tale of two IPOs
PLUS: Abu Dhabi wealth fund Mubadala is heading to China
Arm scales back IPO
But it’s still on course to be the world’s biggest IPO this year
Inflation still too high + more rate hikes could be needed -Fed chair
Fed chair Powell strikes cautious tone during speech at the Kansas City Federal Reserve Bank's annual Economic Policy Symposium in…
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