Funding & Business
Haque: Private Sector is Strong in Saudi Arabia
Business activity across Middle Eastern and North African economies showed mixed trends for the month of August. The latest PMI data from S&P Global shows the UAE leading growth while Kuwait and Egypt recorded contractions. Khatija Haque, Chief Economist for Eastern Europe, Middle East & Africa at Mastercard Economics Institute spoke to Bloomberg’s Horizons Middle East and Africa anchor Joumanna Bercetche about the economic data from the region. (Source: Bloomberg)
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Giorgia Meloni’s government is working on a preliminary plan to raise an extra €1.5 billion ($1.8 billion) from Italian lenders in 2027 by postponing their tax deductions, according to people familiar with the matter.
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German fiber company Deutsche Glasfaser Holding GmbH is exploring options in case its plan to raise preferred equity fails.
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Exact Sciences CEO and Chair Kevin Conroy discusses the company’s new multi-cancer blood test and competitive environment. Speaking on “Bloomberg Open Interest,” Conroy also comments on President Donald Trump’s view that companies should report earnings every six months. (Source: Bloomberg)
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