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Posted inPLANET FINANCE

UAE’s Adnoc to invest USD 150 bn to expand in gas, chemicals, and green energy + Are investors calling time on the quest to build self-driving cars?

Adnoc is spending big: The UAE’s Abu Dhabi National Oil Company (Adnoc) will invest USD 150 bn under a five-year business plan that will see it up hydrocarbon production and sell a minority stake in its gas and LNG operations, as well as work toward net-zero emissions by 2050, the company said in a statement. […]

Posted inCALENDAR

NOVEMBER 20 November-18 December (Sunday-Sunday): 2022 Fifa World Cup, Qatar. 27-30 November (Sunday-Wednesday): Cairo ICT and Pafix, Egypt International Exhibition Center, New Cairo. DECEMBER 1 December (Thursday): Sphinx International Airport will begin operating international flights. 1 December (Thursday): Contractors to break ground on Egypt-Saudi interconnection project. 2-3 December (Thursday-Saturday): BiznEX kicks off at Mamsha Ahl […]

Posted inWHAT WE’RE TRACKING TONIGHT

THIS EVENING: The Central Bank of Egypt is looking at a lot of options to bring in FX + Protests in China over covid-zero trudge on

Good afternoon, wonderful people. We have a brisker news day to bring you than we did yesterday — plus your usual roundup of everything you need to know to stay on top of the World Cup in Qatar. THE BIG STORY TODAY A peek into the CBE’s plan to shore up FX supply? The Central […]

Posted inFOR YOUR COMMUTE

Is global inflation finally going to begin easing? Plus: PSG could skew the valuation field for major football teams

The wave of global inflation that has battered economies over the past several months appears to have peaked and could begin to decelerate over the coming months, the Financial Times reports, citing key indicators and economists. Several indicators — including the prices at which manufacturers are selling their goods to retailers and shipping rates — […]

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