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Hedge funds are coming for unlisted companies + Murdoch buys IHS’ energy info service
PE, watch out: Hedge funds are starting to eye up unlisted companies: Third Point, Marshall Wace, and BlueCrest Capital are…
New indices to track government bonds coming to a stock exchange near you
The EGX is rolling out a new index for publicly-traded government treasuries that will be up and running later today,…
Iran will get a new president this week + Zoom to pay USD 85 mn in privacy lawsuit
Iran will confirm its new president on 3 August: Ebrahim Raisi is set to assume the Islamic republic’s presidency, which…
Good news for FDI watchers
Tobacco giant Philip Morris is among several tobacco companies with local operations that are said to be interested in bidding…
THIS MORNING: PMI bidding for a tobacco license should give comfort to investors + are traditional VCs being crowded out of the race for the next hot startup?
Good morning, friends, and welcome to a fairly typical August news day. This is the month when newsflow lurches from…
A bigger, better RIZ
Russia is getting one super-sized RIZ: Egypt and Russia agreed last Thursday to expand the scope of the Russian Industrial…
Swvl SPAC deal dominates the foreign press
Swvl is the talk of the international press this morning: The mass transportation app yesterday announced a USD 345 mn…
US-owned Egyptian vaccine maker to double down in Egypt
US-owned Egyptian vaccine maker could invest almost EGP 2 bn in new plants: Cairo-based vaccine manufacturer MEVAC plans to invest…
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