Skip to main content

Aramco IPO slipping, Egypt’s car export hopes dented

Reports that Saudi Arabia’s sovereign wealth fund is looking for alternative sources of financing suggest that the government is moving further away from its flagship sale of a stake in Aramco. This adds to the signs that momentum behind the Vision 2030 reforms is fading. Meanwhile, rumours that Egypt will scrap a long-delayed programme to support the car sector dents hopes that it will be able to follow Morocco’s path in integrating into European manufacturing supply chains.

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services


Get access