What You Need to Know About the Middle East, Oct. 19

The video discusses Vodafone's partnership with High Web to expand telecom services in Iran, targeting a market of 80 million people. It also covers Abu Dhabi's strategy to merge its shipping units and other entities to reduce costs due to low oil prices. Lastly, it highlights Turkey's largest IPO in three years by Global Tower, which faces challenges due to political and economic uncertainties.

What is Vodafone's strategy for entering the Iranian market?

• Focusing solely on landline services

• Partnering with a local Internet company

• Acquiring a local telecom company

• Building its own network from scratch

What is the main reason behind Abu Dhabi's decision to merge its shipping units?

• To expand its shipping operations

• To cut costs due to lower oil prices

• To increase its market share

• To diversify its business portfolio

Which companies are being combined by Abu Dhabi's national oil company?

• Two telecom companies

• Three shipping companies

• Two banks and two sovereign wealth funds

• Three energy companies

What is the expected amount to be raised by Global Tower in Turkey's IPO?

• $124 million

• $200 million

• $150 million

• $100 million

What is a major factor affecting the IPO market in Turkey?

• High demand for new shares

• Increased foreign investment

• Political and economic uncertainty

• Strong economic growth