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OCI-Orascom merger clears one legal hurdle, but another petition remains
Plus: Mubadala sees UAE-UK investments as separate from Man City saga
Iraq launches Future Generations Fund as part of USD 3 bn stimulus basket
Plus: Saudi Arabia is on course to produce more gas than it needs at home
Iraq devalues to fund its budget as a record of resets limits what it achieves
Baghdad has previously moved the IQD rate in both directions, which economists say tells the market to expect more resets…
US troops leave Iraq after 20 years as analysts see gains for pro-Iran militias
Plus: QatarEnergy extends force majeure again
Aramco is engineering two new export corridors while Iraq eats a markdown to keep crude flowing
Some workarounds are working. What’s less clear is how long producers can afford to run them
Sabotage cuts Syrian gas again as Damascus builds a fuel transit business for Iraq
The transit fees and the domestic grid depend on the same eastern security situation that isn’t holding.
EBRD trims MENA growth on Hormuz and war, but lifts Morocco and Tunisia on the drought’s end
Egypt and Jordan take small hits but keep growing, while Iraq and Lebanon see their contraction forecast accelerate
Tunisia faces steep economic losses and agricultural job cuts from unaddressed water scarcity, World Bank says
Plus: GCC, North Africa have USD 90 bn worth of hotels and resorts in the pipeline
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