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INTERNATIONAL DEALMAKING
MIDDLE EAST

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International Dealmaking

SYRIA UNITED ARAB EMIRATES 22/11/2021

Syrian firms use Expo 2020 Dubai to get back into the international business scene 

The colours of Bashar Al Assad's Syria topped the bill at Expo 2020 Dubai on 14 November but Syrian companies like Cham Wings Airlines and Cham Holding were there above all for business reasons. They wanted to show that they are confident of their ability to get back into the regional business scene despite the American and European sanctions still weighing on them. [...]
Among the Syrian artworks presented at the Syria Pavilion of the Dubai Expo is a portrait of First Lady Asma Al Assad, 14 November 2021.
Among the Syrian artworks presented at the Syria Pavilion of the Dubai Expo is a portrait of First Lady Asma Al Assad, 14 November 2021. © Intelligence Online
EGYPT FRANCE 09/11/2021

HeidelbergCement follows Vicat's lead and challenges Cairo 

The cement sector is a crucial part of President Abdel Fattah al Sisi's future administrative capital mega-project. Dominated by the Egyptian army, the sector has suffered a new setback following German company HeidelbergCement and its French and Italian subsidiaries' decision to register a request for arbitration proceedings with the World Bank's arbitration court, ICSID. [...]
HeidelbergCement Group has been present in the Egyptian market since 2016 when it became a shareholder in Suez Cement.
HeidelbergCement Group has been present in the Egyptian market since 2016 when it became a shareholder in Suez Cement. © heidelbergcement.com

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