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Posted inPLANET FINANCE

Time for asset managers to tighten their belts + Junk is getting thrown out

Asset managers are getting stung by the market downturn: Global asset managers are preparing to make cutbacks in 2023 following the worst year for financial markets since the global financial crisis, the Financial Times reports. Faced with declining revenues, firms are pausing new recruitment and cutting back on bonuses to avoid large-scale layoffs. Assets in […]

Posted inAROUND THE WORLD

Israel’s new security minister courts controversy with al-Aqsa visit

Fuel on the fire: Israel’s new far-right security minister, Itamar Ben-Gvir, sparked controversy with a visit to the al-Aqsa Mosque flanked by security forces yesterday, triggering condemnation from the Palestinians and several Arab countries, according to the BBC. Ben-Gvir’s visit to the site, his first public act after only five days in the government, was […]

Posted inCALENDAR

JANUARY January: EGX-listed companies and non-bank lenders will submit ESG reports for the first time. January: Fuel pricing committee meets to decide quarterly fuel prices. January: Infinity + Africa Finance Corporation to close acquisition of Lekela Power. January: Global Auto to restart BMW assembly in Egypt. 7 January (Saturday): Coptic Christmas. 8 January (Sunday): National […]

Posted inWHAT WE’RE TRACKING TONIGHT

THIS EVENING: Qatar’s Al Kuwari has its eyes on Ramses Hilton + Join the Enterprise Business Writing Development Program

Good afternoon, ladies and gents. We’re just about over the midweek hump — and racing towards the upcoming long weekend. PSA- Banks will be closed next Sunday, 8 January in observance of Coptic Christmas, the Central Bank of Egypt said in a statement today. Prime Minister Moustafa Madbouly had announced the day will be a […]

Posted inFOR YOUR COMMUTE

Umm Kulthum is the only Arab in Rolling Stone’s 200 Greatest Singers list + Chinese companies are jumping on virtual employees

Where are you most likely to find Umm Kulthum nestled between George Michael and Kate Bush? Rolling Stone’s 200 Greatest Singers of All Time. Coming in at number 61, the Egyptian chanteuse is the only Arab listed in the global Who’s Who of vocalists that ranges from smooth operators to raw shouters, from gospel to […]

Posted inENTERPRISE RECOMMENDS

Why Women Kill is a murder-mystery series addressing relationships, feminism, and what drives us to snap

? ON THE TUBE TONIGHT- (all times CLT) Why Women Kill: Three women, three decades, same house. With a stellar two seasons, this American dark comedy-drama series follows the stories of mystery murders and reveals the events that led to the deaths. The second season follows the same premise as the first, albeit with completely […]

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