Back to the complete issue
Tuesday, 4 January 2022

Erdogan to make bridge-mending visit to KSA

Turkey-Saudi rapprochement in the cards? Turkish president Recep Tayyip Erdogan will visit Saudi Arabia in February as the two countries work to mend ties following the murder of Jamal Khashoggi in the kingdom’s consultate in Istanbul in 2018. (Bloomberg)

Also worth knowing this morning:

  • The US is urging leaders in Sudan to ensure civilian rule following Prime Minister Abdalla Hamdok’s resignation, as the country continues to endure violence and a widening political divide. (Reuters).
  • Libyan oil production is expected to fall by another 200k barrels a day this week due to a damaged pipeline. This comes less than two weeks after Libya’s biggest oil field was shut down by militia, resulting in the country’s output dropping by 350k bbl/d. (Bloomberg)

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; Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt; Hassan Allam Properties (tax ID:  553-096-567), one of Egypt’s most prominent and leading builders; and Saleh, Barsoum & Abdel Aziz (tax ID: 220-002-827), the leading audit, tax and accounting firm in Egypt.