What You Need to Know About the Middle East, Oct. 17

The video covers three main topics: Iraq's military operation to reclaim Mosul from ISIS, the collapse of merger talks between Bank Sohar and Bank Dhofar in Oman, and the acquisition of 4G licenses by Vodafone and Etisalat in Egypt. The operation in Mosul involves Iraqi forces and Kurdish support, aiming to reclaim the city from ISIS control. In Oman, the merger talks failed due to disagreements on key issues, preventing the creation of the second-largest lender. In Egypt, Vodafone and Etisalat secured 4G licenses after initial rejections, with new terms set by regulators.

What was the main objective of Iraq's military operation mentioned in the video?

• To expand territory into Syria

• To negotiate peace with the Kurdish region

• To establish a new government in Baghdad

• To reclaim Mosul from the Islamic State

Which two banks were involved in the failed merger talks in Oman?

• Bank Muscat and Bank Dhofar

• Bank Sohar and Bank Dhofar

• Bank Sohar and Bank Muscat

• Bank Dhofar and Emirates Telecom

What was the primary reason for the collapse of the merger talks between Bank Sohar and Bank Dhofar?

• Disagreement on the share swap ratio

• Public opposition

• Regulatory intervention

• Lack of financial resources

How much did Vodafone Egypt pay for the 4G license?

• $535 million

• $400 million

• $500 million

• $335 million

What was the main issue faced by Vodafone Egypt and Etisalat regarding the 4G licenses?

• Competition from other carriers

• Regulatory restrictions

• Lack of available spectrum

• High cost of licenses