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Thursday, 4 August 2016

Other stories we’re tracking today

Also worth noting this morning, however briefly:

  • German-Arab Chamber Of Industry & Commerce plans to lobby Industry and Trade Minister Tarek Kabil to repeal the exporters registry, Al Borsa reports.
  • Water prices will not rise above those set back in January, said the spokesperson for the Water Holding Company, refuting reports we noted yesterday that water prices will rise another 30% for personal use and 50% increase for industry.
  • Nike is giving up on golf equipment, saying it won’t make clubs, balls or bags, but will continue manufacturing golf apparel. We reward the world’s largest sportswear company with a golf clap (watch: 0:12).

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