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25.06.26 - 19:39
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A River In Egypt (ZeroHedge)
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A River In Egypt
By Molly Schwartz, cross-asset strategist at Rabobank
A river in Egypt
Scott Bessent took to CNBC's Squawk Box yesterday to opine on the situation with Iran. Bessent echoed Trump's comments that any released Iranian assets are to remain under US Treasury oversight and are restricted to use for food and medicine. However, money is fungible, and any released cash that is used to help civilians may mean more cash from other places that can be used to support the IRGC's interests
Bessent's comments also called attention to another philosophical outlook on the war and the Administration's initially stated— though seemingly not truly intended—goal of regime change. This is where the waters gets murky, and where we can climb into our Felucca and begin our journey along a river in Egypt, drifting, perhaps, into a bit of strategic “denial” about what regime change actually means. If, hypothetically of course, Operation Epic Fury succeeded in asserting regime change in Iran...
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25.06.26 - 09:18
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Mansour: Iran War Impacted Egypt′s Construction Cost (Bloomberg)
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The Iran war has added fresh uncertainty for investors across the region, testing sentiment in sectors from tourism to real estate. But despite the headwinds, developers are continuing to press ahead with major projects, betting that long-term demand and regional investment will outweigh the near-term uncertainty. Yasseen Mansour, Chairman and Group CEO of Palm Hills Developments spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East and Africa about the Egyptian real estate market. (Source: Bloomberg)...
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24.06.26 - 12:42
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Türkei und Ägypten erleben Comeback bei Tui-Urlaubern (DPA-AFX)
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HANNOVER/BERLIN (dpa-AFX) - Der Krieg im Iran hatte die Nachfrage nach Urlaub in Ägypten und der Türkei deutlich einbrechen lassen. Doch jetzt kehre das Interesse an beiden Reisezielen spürbar zurück, berichtet Europas größter Reisekonzern TUI ......
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