Back to the complete issue
Monday, 25 January 2021

Google threatens to quit Down Under

Also worth noting this morning:

  • Fahad Al-Mubarak is once again the governor of Saudi Arabia’s central bank after Ahmed Alkholifey was somewhat unceremoniously removed from office. The announcement came as KSA said it aimed to double the size of its sovereign wealth fund by 2025.
  • The Biden administration will work with Israel to expand on the Trump-era agreements signed with the UAE, Bahrain, Sudan and Morocco, White House national security adviser Jake Sullivan told his Israeli counterpart on Saturday, according to Reuters. The government will also uphold Trump’s controversial decision to move the US embassy to Jerusalem.
  • The UAE has greenlit the establishment of an embassy in Tel Aviv. The Emirati cabinet approved the decision yesterday, Emirates News Agency (WAM) reported.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of HSBC Egypt (tax ID: 204-901-715), the leading corporate and retail lender in Egypt; EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Moharram & Partners (tax ID: 616-112-459), the leading public policy and government affairs partner; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Mashreq (tax ID: 204-898-862), the MENA region’s leading homegrown personal and digital bank; and Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt.