What You Need to Know About the Middle East, Oct. 13

Otis missed a $290 million payment on a $5 billion syndicated loan, affecting its stake in Turk Telecom due to the slumping lira. Egypt is nearing a $12 billion IMF loan after a $2 billion deposit from Saudi Arabia, while seeking additional funds from bilateral creditors. Saudi Aramco is evaluating IPO listings in New York, Hong Kong, or London, with the potential to be the largest IPO in history, valuing the company in the trillions.

What percentage of Turk Telecom does Otis own?

• 55%

• 45%

• 65%

• 75%

How much is Egypt seeking from bilateral creditors to meet IMF conditions?

• $4 billion

• $5 billion

• $7 billion

• $6 billion

Which country provided a $2 billion deposit to Egypt?

• Saudi Arabia

• United Arab Emirates

• Kuwait

• Qatar

What is Saudi Aramco considering after the U.S. law change?

• Building a new refinery

• Acquiring a new company

• Listing shares in New York

• Expanding oil production

What percentage of Saudi Aramco is expected to be sold in the IPO?

• 5%

• 6%

• 4%

• 3%