{"id":659370,"date":"2025-01-26T00:00:00","date_gmt":"2025-01-26T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/01\/26\/trump-wants-egypt-jordan-to-take-in-more-displaced-palestinians\/"},"modified":"2025-01-26T00:00:00","modified_gmt":"2025-01-26T00:00:00","slug":"trump-wants-egypt-jordan-to-take-in-more-displaced-palestinians","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/01\/26\/trump-wants-egypt-jordan-to-take-in-more-displaced-palestinians\/","title":{"rendered":"Trump wants Egypt, Jordan to take in more displaced Palestinians"},"content":{"rendered":"

Good afternoon folks, and welcome to Sunday.<\/strong> Read on for all the latest as we kick off another chilly work week.<\/p>\n

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THE BIG STORY TODAY<\/p>\n

Bonyan taps financial advisor ahead of planned IPO: <\/strong>Real estate investment firm Bonyan has appointed Baker Tilly as its independent financial advisor to determine the fair value of its shares ahead of its planned IPO, Hapi Journal<\/a> reports. Last week<\/a> Bonyan secured approval from the EGX\u2019s listing committee to list its shares on the EGX, with the Compass subsidiary gearing up for its EGX debut in the first half of 2025.<\/p>\n

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CORRECTION- <\/strong>We incorrectly referred to Hassan Allam Properties as the real estate arm of Hassan Allam Holding in a story published in today\u2019s issue of EnterpriseAM Egypt. Hassan Allam Properties is a sister company of Hassan Allam Holding and has a separate legal entity and shareholding structure. The story<\/a> has since been amended on our website. <\/p>\n

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THE BIG STORY ABROAD<\/p>\n

US president Donald Trump is calling for Palestinians displaced from the Gaza Strip <\/strong>to be<\/a><\/strong>resettled in Jordan and Egypt<\/a><\/strong> either temporarily or permanently<\/strong>, despite longstanding opposition to the forcible displacement of Palestinians. Trump noted to reporters following a call with Jordan\u2019s King Abdullah Saturday that he wanted both Jordan and Egypt to take in more displaced Palestinians, saying in reference to Gaza that \u201cwe should just clear out the whole thing.\u201d The news comes as displaced Palestinians have gathered around roads running north through the strip in anticipation of soon being able to return to their homes. <\/p>\n

Trump is also <\/strong>in talks with multiple parties<\/a><\/strong> about an American takeover <\/strong>of TikTok<\/strong>, the president told reporters aboard his presidential jet. US-based multinational software company Oracle is reportedly among the contenders to take control of the social media outfit\u2019s operations, with the company already providing the foundation of TikTok\u2019s online infrastructure. An agreement with Oracle would reportedly see TikTok\u2019s Chinese parent company ByteDance retain a stake in the company, while transferring control over data collection and software updates to Oracle and a group of unnamed investors. <\/p>\n

Nothing\u2019s confirmed yet, though:<\/strong> In his comments to reporters, Trump said that he had not had any conversations with Oracle CEO Larry Ellison about a potential purchase of TikTok, but that he would likely make a decision about the app\u2019s future in the coming 30 days. \u201cIf we can save TikTok, I think it would be a good thing,\u201d Trump noted.<\/p>\n

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