Middle East: What You Need to Know for Feb. 9

The video covers key Middle East business stories. Saudi Arabia's Public Investment Fund is in early talks to invest in Six Flags, aiming to transform into a $2 trillion investment giant. Egypt has initiated its IPO program, listing the state-owned bank Duke Higher, marking the first government company IPO since 2015. The government plans to raise $10 billion by listing public banks and oil companies over the next five years. Meanwhile, Etihad Airways is expanding its fleet with 12 new widebody aircraft, including two A380s, despite facing a challenging year. CEO James Hogan remains confident in the airline's sustainable business model.

What is the main focus of Saudi Arabia's Public Investment Fund as mentioned in the video?

• Investing in renewable energy

• Acquiring a stake in Six Flags

• Developing a new city

• Building new airports

What significant financial event has Egypt recently initiated?

• Launching a new currency

• Starting an IPO program

• Reducing interest rates

• Increasing foreign reserves

Which company is the first to be listed in Egypt's new IPO program?

• Nile Petroleum

• Suez Canal Authority

• Cairo Bank

• Duke Higher

How many widebody aircraft is Etihad Airways planning to add?

• 10

• 20

• 12

• 15

What is the CEO of Etihad Airways confident about?

• Opening new routes to Europe

• Hiring more staff

• Sustainability of their business model

• Reducing ticket prices