Saudi Arabia’s Al Othaim family has called off its plans to sell shares of its malls business, in a rare instance of an initial public offering in the Middle East being scrapped as a market rally fades.
Ukraine plans to unveil a blueprint for rebuilding the country that could mobilize hundreds of billions of euros as the nation continues to grapple with Russia’s invasion. European officials worry that Russian disinformation on the source of food shortages is gaining traction in Africa.
India’s windfall tax on domestic crude oil production and fuel exports may help the government bring in 1 trillion rupees ($12.7 billion) in revenues, Press Trust of India reported.
EU diplomats are concerned that a Russian effort to link the food crisis to sanctions is gaining traction in Africa.
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