{"id":639332,"date":"2017-10-26T06:43:08","date_gmt":"2017-10-26T06:43:08","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/26\/also-making-news-on-26-october-2017\/"},"modified":"2017-10-26T06:43:08","modified_gmt":"2017-10-26T06:43:08","slug":"also-making-news-on-26-october-2017","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/26\/also-making-news-on-26-october-2017\/","title":{"rendered":"Also making news on 26 October 2017"},"content":{"rendered":"<p>Also making news this morning:<\/p>\n<ul type=\"disc\">\n<li><strong>Carlyle co-founders David Rubenstein and William Conway are handing over the<\/strong><strong>day-to-day running of the firm <\/strong>they helped found over to a \u201cyounger generation.\u201d The firm is the first of the big global PE outfits to do so. <a href=\"https:\/\/www.cnbc.com\/video\/2017\/10\/25\/carlyle-group-co-ceos-conway-and-rubenstein-step-down.html\">CNBC<\/a> and the <a href=\"https:\/\/www.nytimes.com\/2017\/10\/25\/business\/dealbook\/carlyle-youngkin-lee-clare.html?_r=0\">NYT\u2019s DealBook<\/a> have more.<\/li>\n<li><strong>NYSE and LSE can kiss a piece of Aramco goodbye. <\/strong>\u201cThe head of Saudi Arabia\u2019s stock exchange has said the Tadawul is pushing to be the \u201cexclusive\u201d venue for the initial public offering of state-owned oil company Saudi Aramco, raising questions about the status of any international listing for what has been billed as the biggest IPO in history,\u201d <a href=\"https:\/\/www.ft.com\/content\/b243c5f4-b98e-11e7-9bfb-4a9c83ffa852\">the Financial Times<\/a> reports.<\/li>\n<li><a href=\"https:\/\/www.reuters.com\/article\/us-usa-sanctions-yemen\/u-s-gulf-nations-target-yemen-terrorism-financing-idUSKBN1CU29Z\">Reuters<\/a> is trying to make it look as if <strong>Qatar cooperating with the US on terrorism<\/strong><strong> sanctions<\/strong> could somehow be a sign of easing tensions between the Statelet and its GCC allies<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Also making news this morning: Carlyle co-founders David Rubenstein and William Conway are handing over theday-to-day running of the firm they helped found over to a \u201cyounger generation.\u201d The firm is the first of the big global PE outfits to do so. CNBC and the NYT\u2019s DealBook have more. NYSE and LSE can kiss a [&hellip;]<\/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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-639332","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"65bc36e1-4364-40c8-93af-35eb0baca5ed","order":"0","is_powered_by":true,"section_story_id":"98d0bb69-1b3c-451e-b4e6-dc75cb29393f","story_type":"1","photo_url":"","photo_position":"above","related_issue":[639317],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Also making news on 26 October 2017 - 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\/2017\/10\/26\/also-making-news-on-26-october-2017\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Also making news on 26 October 2017\" \/>\n<meta property=\"og:description\" content=\"Also making news this morning: Carlyle co-founders David Rubenstein and William Conway are handing over theday-to-day running of the firm they helped found over to a \u201cyounger generation.\u201d The firm is the first of the big global PE outfits to do so. CNBC and the NYT\u2019s DealBook have more. NYSE and LSE can kiss a [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/26\/also-making-news-on-26-october-2017\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-10-26T06:43:08+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=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/26\/also-making-news-on-26-october-2017\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/26\/also-making-news-on-26-october-2017\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Also making news on 26 October 2017\",\"datePublished\":\"2017-10-26T06:43:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/26\/also-making-news-on-26-october-2017\/\"},\"wordCount\":152,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/26\/also-making-news-on-26-october-2017\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/26\/also-making-news-on-26-october-2017\/\",\"name\":\"Also making news on 26 October 2017 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-10-26T06:43:08+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/26\/also-making-news-on-26-october-2017\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/26\/also-making-news-on-26-october-2017\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/26\/also-making-news-on-26-october-2017\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Also making news on 26 October 2017\"}]},{\"@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":"Also making news on 26 October 2017 - 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\/2017\/10\/26\/also-making-news-on-26-october-2017\/","og_locale":"en_US","og_type":"article","og_title":"Also making news on 26 October 2017","og_description":"Also making news this morning: Carlyle co-founders David Rubenstein and William Conway are handing over theday-to-day running of the firm they helped found over to a \u201cyounger generation.\u201d The firm is the first of the big global PE outfits to do so. 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The contracts are awarded for six years and can be extended for another six, and mandate that the companies initially use\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":638792,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/15\/saudi-considers-delaying-inl-offering-of-aramco-ipo\/","url_meta":{"origin":639332,"position":1},"title":"Saudi considers delaying in\u2019l offering of Aramco IPO","author":"enterpriseam admin","date":"15 October 2017","format":false,"excerpt":"Saudi Arabia is considering delaying the international tranche of its IPO of Aramco until at least 2019, according to people familiar with the situation. The sources added that the share sale in Riyadh could still happen next year, Bloomberg reports. A two-stage Saudi Aramco IPO is one of several options\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":635839,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/14\/saudi-aramco-invites-banks-to-bid-for-leading-bookrunner-on-aramco-ipo\/","url_meta":{"origin":639332,"position":2},"title":"Saudi Aramco invites banks to bid for leading bookrunner on Aramco IPO","author":"enterpriseam admin","date":"14 December 2017","format":false,"excerpt":"Saudi Aramco has invited banks to bid to become coordinators and bookrunners on its IPO, people familiar with the matter said, according to Bloomberg. The company sent out the request for proposals to banks over the past few days and aims to appoint a group of advisors by early next\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":639036,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/19\/saudi-will-go-ahead-with-intl-and-domestic-portion-of-aramco-ipo\/","url_meta":{"origin":639332,"position":3},"title":"Saudi will go ahead with int\u2019l and domestic portion of Aramco IPO","author":"enterpriseam admin","date":"19 October 2017","format":false,"excerpt":"Saudi Arabia still plans to go through with both the international and domesticofferings of shares in Aramco in 2018, Saudi Oil Minister Khalid Al Falih said on Tuesday, according to Bloomberg. His statements follow heightened speculation that the Kingdom was considering delaying its IPO and was even entertaining a possible\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":650614,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/28\/saudi-arabia-slashes-tax-rates-on-aramco-sets-income-tax-rates-for-other-producers\/","url_meta":{"origin":639332,"position":4},"title":"Saudi Arabia slashes tax rates on Aramco, sets income tax rates for other producers","author":"enterpriseam admin","date":"28 March 2017","format":false,"excerpt":"Saudi Arabia issued a royal decree slashing taxes payable by Aramco to 50% from 85%, Bloomberg reports. Aramco currently pays a 20% royalty on its revenue and an 85% tax on income. \u201cThe royal decree falls in line with an earlier promise that Saudi Arabia will reduce the overall tax\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":638908,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/17\/china-is-offering-to-buy-a-5-stake-in-aramco\/","url_meta":{"origin":639332,"position":5},"title":"China is offering to buy a 5% stake in Aramco","author":"enterpriseam admin","date":"17 October 2017","format":false,"excerpt":"Chinese state-owned oil companies PetroChina and Sinopec are offering to buyup to 5% of Saudi Aramco directly, Reuters reports in an exclusive. The companies have been corresponding with Aramco over the past weeks to express interest in a direct sale of a stake to a consortium made up of both\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/639332","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=639332"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/639332\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/639317"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=639332"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=639332"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=639332"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=639332"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=639332"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}