Via Al Monitor, a report on Egypt’s progress in selling state-owned entities in response to its economic crisis. Gulf states have hinted that they may not support Egypt as much as they have in the past: Egypt has signed $1.9 billion in deals to sell state-owned companies, the government announced on Tuesday as it continues to navigate […]
Read more »Courtesy of The Africa Report, an investigation into how Wagner – from gold to coffee, wood to spirits – has made the Central African Republic and Cameroon the backbone of a network of companies whose profits are worth millions of euros: Yevgeny Prigozhin’s mercenaries are notably exploiting the Ndassima mine in the Central African Republic, […]
Read more »Courtesy of The Financial Times, an article on DHL’s efforts to build new warehouses across alternative manufacturing hubs including Mexico, Malaysia and Vietnam: Deutsche Post DHL is investing €500mn in its Latin American business as it seeks to capitalise on growing demand to expand supply chains beyond China. The logistics group is building out new […]
Read more »Via AP News, an article on a troubled new power plant which has left Jordan in debt to China, raising concerns over Beijing’s influence: Jordan’s Attarat power plant was envisioned as a landmark project promising to provide the desert kingdom with a major source of energy while solidifying its relations with China. But weeks after […]
Read more »Via New Lines Magazine, a report on the Afghan taxi industry and how new uniform cab colors aim at demonstrating the regime’s abilities: On May 20, days after the Kabul General Directorate of Traffic Police and the Ministry of Interior announced a color change for taxis in the city, I was sitting in a dark-colored […]
Read more »Courtesy of Bloomberg, a report on how Ras Al Khaimah looks to lure rich from around the world From the top of the RAK International Corporate Centre, foreign tycoons can catch a glimpse of a city transforming. A long stretch of desert lies toward the north. Luxury villas dot the Persian Gulf coast to the […]
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