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BP’s four-well Egypt program straddles its pending USD 1 bn sale to Energean
Plus: Nawy is moving its retail property business inside a regulated fund
New CMA rules would put Saudi IPO banks on the hook for unsold shares, make bidders prove they have the dry powder
Banks would become genuine backstops rather than just facilitators of demand — something that is already standard in the US…
Iran insists on diplomacy as Trump rejects ceasefire proposal
Washington is also pushing to ground Iran’s entire fleet
How Saudi EXIM is forward-positioning to shield industry from Gulf shipping shocks
Saudi EXIM’s reinsurance buildout predates the Iran war but carries new weight as the cost of moving goods through the…
US pitches USD 10 bn Gulf reconstruction fund as Qatar pushes back on the “worthless Hormuz” thesis
US’ Bessent says Hormuz will be worthless in two years. Qatar’s Kaabi says it will never be obsolete.
Qatar readies privatization pipeline as Doha Investment takes control of 45 state firms
Plus: Nassef Sawiris opens EUR 4.10 cash offer as OCI-Orascom merger hinges on tender
Saudi Arabia steps back from cross-border digital currency project
SAMA said it completed its mBridge proof of concept in May 2025 and has not been a participating member since
Houthi strikes hit Saudi cities as Riyadh draws China, Pakistan and Turkey into the fray
Beijing asked Tehran to help rein in the Houthis as it looks to keep the conflict clear of its energy…
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