Sources close to the situation have revealed that Apollo Global Management is currently in discussions with AlShaya Group to potentially acquire the Starbucks franchise in the Middle East. This move would mark Apollo’s first foray into the coffee industry, as the private equity firm looks to diversify its portfolio. Both parties have not yet reached a final agreement, but negotiations are said to be progressing positively.
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Gaza faces catastrophic famine – Middle East Monitor
The Gaza Strip is facing an unprecedented humanitarian crisis, with widespread hunger and severe food insecurity affecting over 68% of households, exacerbated by a prolonged blockade and recent war. The conflict has devastated agricultural sectors, destroying 75% of farmland and leading to a catastrophic collapse of food production, while targeted attacks on food aid facilities have further escalated the crisis. With soaring food prices and documented hunger-related deaths, particularly among children, Gaza is on the...
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