{"id":544426,"date":"2022-03-02T04:12:01","date_gmt":"2022-03-02T04:12:01","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/02\/russias-war-rocks-the-markets-as-corporates-continue-to-scramble-for-exits\/"},"modified":"2022-03-02T04:12:01","modified_gmt":"2022-03-02T04:12:01","slug":"russias-war-rocks-the-markets-as-corporates-continue-to-scramble-for-exits","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/02\/russias-war-rocks-the-markets-as-corporates-continue-to-scramble-for-exits\/","title":{"rendered":"Russia\u2019s war rocks the markets as corporates continue to scramble for exits"},"content":{"rendered":"

<\/a>Foreign-listed Russian equities plummeted yesterday <\/strong>as the Moscow Exchange remained closed for the second consecutive day, an indication of the impact that sanctions on Russia\u2019s financial institutions will have on its bourse, Bloomberg<\/a> reports. Depositary receipts for state-run gas giant Gazprom fell 71% by close in London after Shell said it would exit<\/a> its joint ventures with the firm, while the nation\u2019s biggest lender, Sberbank, lost 80%. London-listed Russian exchange-traded fund iShares MSCI Russia also fell<\/a> 33% to hit a fresh record low.<\/p>\n

Russia looks to block the exits: <\/strong>The country will impose a temporary ban on foreigners looking to sell Russian assets to make sure they \u201ctake a considered decision,\u201d Prime Minister Mikhail Mishustin said yesterday during a government meeting, Reuters<\/a> reported.<\/p>\n

SWIFT is examining which Russian entities to remove from its system <\/strong>under Western sanctions, according to a press release<\/a>. \u201cWe are engaging with these authorities to understand which entities will be subject to these new measures and will disconnect them once we receive legal instruction to do so,\u201d the Belgian-based payment system said.<\/p>\n

And more companies say \u201cDasvidaniya\u201d to their Russia-linked business:<\/strong> KPMG is cutting ties with several Russian individuals targeted by Western sanctions, which includes \u201cending some of our client relationships in the UK and globally,\u201d KMPG UK CEO Jonathan Holt announced on LinkedIn<\/a>.<\/p>\n

Automobile manufacturers are also jumping on the bandwagon<\/strong>, with Daimler Truck Holding AG announcing<\/a>it will suspend business in Russia until further notice. Volvo<\/a> is suspending the sale of its cars in Russia, while Harley-Davidson Inc and General Motors are also suspending shipments<\/a> to the country.<\/p>\n

Total Energies only committed to halting capex spending on new projects in Russia<\/strong>, according to a statement<\/a>, stopping short of a wider withdrawal of the likes of Shell, BP, and Equinor.<\/p>\n

Visa<\/a><\/strong> and <\/strong>Mastercard<\/a><\/strong> have blocked several Russian financial institutions from their <\/strong>payments network<\/strong> in compliance with the imposed sanctions, they said in separate statements. Both payment card firms will also donate USD 2 mn each in humanitarian aid to Ukraine, they said.<\/p>\n

AND FROM THE WORLD OUTSIDE THE WAR-<\/strong><\/p>\n

Saudi Arabia\u2019s largest retail pharmacy chain, Al Nahdi Medical, looks poised for <\/strong>the biggest Saudi IPO since Aramco\u2019s USD 30 bn listing in 2019<\/strong>, with demand running high for its shares hours after it opened the books to investors, Bloomberg<\/a> reports. The company is looking to raise as much as USD 1.36 bn in the IPO<\/a>.<\/p>\n

Brookfield goes ahead with acquisition of FAB\u2019s payment arm: <\/strong>Canadian asset management firm Brookfield has greenlit the purchase of a 60% stake in Magnati<\/a>, First Abu Dhabi Bank\u2019s (FAB) payment arm, in a transaction that values the firm at up to USD 1.15 bn, Reuters<\/a> reports. The bank will retain the remaining 40% stake in Magnati, using the proceeds from the sale to support its \u201cgrowth and transformation plans,\u201d which include regional expansion<\/a>. This comes a few weeks after FAB made an offer<\/a> to buy a majority stake in Egypt\u2019s financial services giant EFG Hermes.<\/p>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n

<\/use><\/svg><\/p>\n<\/td>\n\n

EGX30 <\/strong><\/p>\n<\/td>\n

\n

11,276<\/p>\n<\/td>\n

\n

+1.2% (YTD: -5.6%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

USD (CBE)<\/strong><\/p>\n<\/td>\n

\n

Buy 15.66<\/p>\n<\/td>\n

\n

Sell 15.76<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

USD at CIB<\/strong><\/p>\n<\/td>\n

\n

Buy 15.66<\/p>\n<\/td>\n

\n

Sell 15.76<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Interest rates CBE<\/strong><\/p>\n<\/td>\n

\n

8.25% deposit<\/p>\n<\/td>\n

\n

9.25% lending<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Tadawul<\/strong><\/p>\n<\/td>\n

\n

12,674<\/p>\n<\/td>\n

\n

+0.7% (YTD: +12.3%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

ADX<\/strong><\/p>\n<\/td>\n

\n

9,521<\/p>\n<\/td>\n

\n

+2.2% (YTD: +12.2%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

DFM<\/strong><\/p>\n<\/td>\n

\n

3,398<\/p>\n<\/td>\n

\n

+1.3% (YTD: +6.3%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

S&P 500<\/strong><\/p>\n<\/td>\n

\n

4,306<\/p>\n<\/td>\n

\n

-1.6% (YTD: -9.7%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

FTSE 100<\/strong><\/p>\n<\/td>\n

\n

7,330<\/p>\n<\/td>\n

\n

-1.7% (YTD: -0.7%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Brent crude<\/strong><\/p>\n<\/td>\n

\n

USD 104.97<\/p>\n<\/td>\n

\n

+7.1%<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Natural gas <\/strong>(Nymex)<\/p>\n<\/td>\n

\n

USD 4.64<\/p>\n<\/td>\n

\n

+1.5%<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Gold<\/strong><\/p>\n<\/td>\n

\n

USD 1,944<\/p>\n<\/td>\n

\n

+0.0%<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

BTC<\/strong><\/p>\n<\/td>\n

\n

USD 44,151<\/p>\n<\/td>\n

\n

+1.4% (as of midnight)<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

THE CLOSING BELL-<\/strong><\/p>\n

The EGX30 rose 1.2% at yesterday\u2019s close<\/strong> on turnover of EGP 1 bn (0.3% below the 90-day average). Foreign investors were net sellers. The index is down 5.6% YTD.<\/p>\n

In the green: <\/strong>Eastern Company (+7.8%), Heliopolis Housing (+5.9%) and Rameda (+5.6%).<\/p>\n

In the red: <\/strong>CIRA (-0.7%), Abu Qir Fertilizers (-0.5%) and CIB (-0.2%).<\/p>\n

Asian markets are mixed in early trading <\/strong>this morning,<\/strong> while futures suggest that major US and European benchmarks will open in the green (implying that the dip-buyers are out in force after global markets tumbled yesterday.)<\/p>\n","protected":false},"excerpt":{"rendered":"

Foreign-listed Russian equities plummeted yesterday as the Moscow Exchange remained closed for the second consecutive day, an indication of the impact that sanctions on Russia\u2019s financial institutions will have on its bourse, Bloomberg reports. Depositary receipts for state-run gas giant Gazprom fell 71% by close in London after Shell said it would exit its joint […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7210],"tags":[72,1260,122,1241],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-544426","post","type-post","status-publish","format-standard","hentry","category-planet-finance","tag-enterpriseam","tag-mena-ipos","tag-planet-finance","tag-ukraine-russia-war","wpautop","entry"],"acf":{"mongo_id":"b4bf98c5-d0be-4ae8-9d34-0a935bf30f00","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[544405],"teaser":"","voice_url":""},"yoast_head":"\nRussia\u2019s war rocks the markets as corporates continue to scramble for exits - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/02\/russias-war-rocks-the-markets-as-corporates-continue-to-scramble-for-exits\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Russia\u2019s war rocks the markets as corporates continue to scramble for exits\" \/>\n<meta property=\"og:description\" content=\"Foreign-listed Russian equities plummeted yesterday as the Moscow Exchange remained closed for the second consecutive day, an indication of the impact that sanctions on Russia\u2019s financial institutions will have on its bourse, Bloomberg reports. Depositary receipts for state-run gas giant Gazprom fell 71% by close in London after Shell said it would exit its joint […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/02\/russias-war-rocks-the-markets-as-corporates-continue-to-scramble-for-exits\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-03-02T04:12:01+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/02\/russias-war-rocks-the-markets-as-corporates-continue-to-scramble-for-exits\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/02\/russias-war-rocks-the-markets-as-corporates-continue-to-scramble-for-exits\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Russia\u2019s war rocks the markets as corporates continue to scramble for exits\",\"datePublished\":\"2022-03-02T04:12:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/02\/russias-war-rocks-the-markets-as-corporates-continue-to-scramble-for-exits\/\"},\"wordCount\":636,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"MENA IPOs\",\"Planet Finance\",\"Ukraine-Russia war\"],\"articleSection\":[\"PLANET FINANCE\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/02\/russias-war-rocks-the-markets-as-corporates-continue-to-scramble-for-exits\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/02\/russias-war-rocks-the-markets-as-corporates-continue-to-scramble-for-exits\/\",\"name\":\"Russia\u2019s war rocks the markets as corporates continue to scramble for exits - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2022-03-02T04:12:01+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/02\/russias-war-rocks-the-markets-as-corporates-continue-to-scramble-for-exits\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/02\/russias-war-rocks-the-markets-as-corporates-continue-to-scramble-for-exits\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/02\/russias-war-rocks-the-markets-as-corporates-continue-to-scramble-for-exits\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Russia\u2019s war rocks the markets as corporates continue to scramble for exits\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Russia\u2019s war rocks the markets as corporates continue to scramble for exits - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/02\/russias-war-rocks-the-markets-as-corporates-continue-to-scramble-for-exits\/","og_locale":"en_US","og_type":"article","og_title":"Russia\u2019s war rocks the markets as corporates continue to scramble for exits","og_description":"Foreign-listed Russian equities plummeted yesterday as the Moscow Exchange remained closed for the second consecutive day, an indication of the impact that sanctions on Russia\u2019s financial institutions will have on its bourse, Bloomberg reports. Depositary receipts for state-run gas giant Gazprom fell 71% by close in London after Shell said it would exit its joint […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/02\/russias-war-rocks-the-markets-as-corporates-continue-to-scramble-for-exits\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2022-03-02T04:12:01+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/02\/russias-war-rocks-the-markets-as-corporates-continue-to-scramble-for-exits\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/02\/russias-war-rocks-the-markets-as-corporates-continue-to-scramble-for-exits\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Russia\u2019s war rocks the markets as corporates continue to scramble for exits","datePublished":"2022-03-02T04:12:01+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/02\/russias-war-rocks-the-markets-as-corporates-continue-to-scramble-for-exits\/"},"wordCount":636,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["EnterpriseAM","MENA IPOs","Planet Finance","Ukraine-Russia war"],"articleSection":["PLANET FINANCE"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/02\/russias-war-rocks-the-markets-as-corporates-continue-to-scramble-for-exits\/","url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/02\/russias-war-rocks-the-markets-as-corporates-continue-to-scramble-for-exits\/","name":"Russia\u2019s war rocks the markets as corporates continue to scramble for exits - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2022-03-02T04:12:01+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/02\/russias-war-rocks-the-markets-as-corporates-continue-to-scramble-for-exits\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2022\/03\/02\/russias-war-rocks-the-markets-as-corporates-continue-to-scramble-for-exits\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/02\/russias-war-rocks-the-markets-as-corporates-continue-to-scramble-for-exits\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Russia\u2019s war rocks the markets as corporates continue to scramble for exits"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":544398,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/01\/war-in-ukraine-is-like-a-bric-to-the-face-for-foreign-investors\/","url_meta":{"origin":544426,"position":0},"title":"War in Ukraine is like a BRIC to the face for foreign investors","author":"enterpriseam admin","date":"1 March 2022","format":false,"excerpt":"LIKE A BRIC TO THE FACE FOR FOREIGN INVESTORS- Like Big Oil, the Grand Wizzards of High Finance are scrambling to figure out what to do with their massive exposure to Russia. Foreign fund managers hold at least USD 150 bn in Russian stocks and bonds and are \u201cscrambling to\u2026","rel":"","context":"In "PLANET FINANCE"","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":639280,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/25\/russia-tries-to-drive-wedge-in-egypt-us-relations\/","url_meta":{"origin":544426,"position":1},"title":"Russia tries to drive wedge in Egypt-US relations","author":"enterpriseam admin","date":"25 October 2017","format":false,"excerpt":"Russia\u2019s President Vladimir Putin is seeking to \u201cdrive a wedge between the US and Egypt,\u201d Herbert London writes for The Washington Times. London says it is apparent that Russia is now a supporter of Egypt and its government and Cairo has strengthened its ties to Moscow and that this followed\u2026","rel":"","context":"In "EGYPT IN THE NEWS"","block_context":{"text":"EGYPT IN THE NEWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-in-the-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":544455,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/03\/russias-war-continues-to-reverberate-through-commodities-equities\/","url_meta":{"origin":544426,"position":2},"title":"Russia\u2019s war continues to reverberate through commodities + equities","author":"enterpriseam admin","date":"3 March 2022","format":false,"excerpt":"Commodities spiral as traders avoid Russian exports: The Russia-Ukraine war has pushed global commodities markets to the edge, fueling shortages and quickening already-high global inflation, according to Bloomberg. Wheat prices yesterday rose to their highest since 2008, while oil passed USD 112 per barrel, and European natural gas rose as\u2026","rel":"","context":"In "PLANET FINANCE"","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":623062,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/21\/is-egypt-about-to-take-on-a-usd-45-bn-loan-from-russia-for-dabaa\/","url_meta":{"origin":544426,"position":3},"title":"Is Egypt about to take on a USD 45 bn loan from Russia for Dabaa?","author":"enterpriseam admin","date":"21 October 2018","format":false,"excerpt":"Egypt to take on USD 45 bn in financing from Russia for Dabaa? Russian President Vladimir Putin offered to lend Egypt USD 45 bn to finance the construction of the Dabaa nuclear power plant, which will be built by Russia\u2019s Rosatom, the Financial Times reports. Putin made public the offer\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":662370,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/03\/16\/russian-assets-back-in-demand-amid-ceasefire-hopes\/","url_meta":{"origin":544426,"position":4},"title":"Russian assets back in demand amid ceasefire hopes","author":"enterpriseam admin","date":"16 March 2025","format":false,"excerpt":"Investors are looking to buy discounted Russian assets in anticipation of a market rebound","rel":"","context":"In "PLANET FINANCE"","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/3\/1172.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":601121,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/19\/20-russian-companies-looking-at-russian-industrial-zone\/","url_meta":{"origin":544426,"position":5},"title":"20 Russian companies looking at Russian Industrial Zone","author":"enterpriseam admin","date":"19 February 2019","format":false,"excerpt":"Twenty Russian companies are keen to establish facilities in the planned USD 7 bn Russian Industrial Zone (RIZ), Russian Industry and Trade Minister Denis Manturov said, according to MENA. The remarks come days after Suez Canal Authority boss Mohab Mamish arrived in Moscow to finalize the agreement for the zone.\u2026","rel":"","context":"In "Other Business News of Note"","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/544426","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=544426"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/544426\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/544405"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=544426"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=544426"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=544426"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=544426"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=544426"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}