The US expects to sanction new Iran-linked entities roughly weekly, Treasury Secretary says
· Egyptian market news
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US readies weekly Iran sanctions
US Treasury Secretary Scott Bessent expects Washington’s financial policy arm to keep adding names to its Iran sanctions list at a pace of roughly one round a week Reuters
For banks already in Washington’s crosshairs
There’s no middle ground on offer at the G20.
REMEMBER- the first target under Operation Economic Outcast
The loan scandal freeze
The prosecutor general has ordered asset freezes and travel bans on several parties connected to the school-loan scandal statement
REMEMBER- Last week detained
The case has also begun to weigh on GlobalCorp paused talks in May
MSC has rerouted its Jade service back through the Suez Canal and Bab Al Mandab said on X
It’s not back to normal yet: Reuters
MSC joins a shift already underway: AE15 through Suez in July MECL WAF6 AE19 Gemini service
El Arabi Pharma Group (EPG) is looking to float a minority stake on the EGX in 3Q 2027 Al Borsa
Demand is already there:
IN CONTEXT- telling us in May no current plan to sell its stake less than 5%
The Customs Authority completed a decade-long phaseout of import duties on category-D goods under Egypt’s freetrade agreement with Mercosur today
Alexandria will be a little cooler
The big story abroad
Political drama at the G20 finance meeting has top billing in the international press today drew opposition
Amazon in hot water: filed a suit
Logistics is big in Japan: raised USD 4 bn
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