Egypt’s state ownership policy document could come into effect in before the end of this year, but it remains to be seen how willing the authorities are to relinquish their control over the economy. Elsewhere, a report brought Saudi Arabia’s weak FDI inflows back into the limelight and reinforces that recent reforms are struggling to attract more foreign investment to the Kingdom, a key goal of Vision 2030. And finally, the Football World Cup will kick off in Qatar on Sunday with the hosts facing Ecuador. We are doubtful the tournament will leave a lasting economic legacy.
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