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THIS MORNING: Our analyst poll rings in interest rate week + Afcon quarter-final tonight
Good morning, friends, and welcome to the last workweek of January. Hard to believe the year is 8.2% finished as…
Egypt bucks the trend as IMF downgrades global growth
The IMF downgraded its projection for global growth in 2022 to 4.4% in its World Economic Outlook update, down 0.5…
THIS MORNING: Fed rate decision today; Markets resume sell-off; Afcon: Egypt v Ivory Coast; What happens if Russia turns off the gas?
Well, friends, we’ve made it through another workweek together and our reward is … cold weather as far as the…
Abu Dhabi issues SPAC regs as it eyes Gulf’s first blank-check listing
The ADX is one step closer to welcoming the GCC’s first SPAC: The UAE’s securities regulator has approved the Gulf’s…
Gov’t targets USD 7 bn oil FDI in 2022-2023
The Oil Ministry wants to attract USD 7 bn of foreign direct investment (FDI) into the oil and gas sector…
CBE confirms Standard Chartered en route to Egypt
Standard Chartered gets preliminary thumbs up from CBE to enter Egypt: The Central Bank of Egypt (CBE) has given preliminary…
EBRD writes USD 100 mn check for Scatec’s green bond
EBRD backs Scatec Solar Benban green bond: The European Bank for Reconstruction and Development (EBRD) will subscribe to almost a…
Budget deficit widens to 3.9% in 1H2021-22
Egypt’s budget deficit stood at 3.9% in 1H2021-2022, widening from 3.6% in the first half of last fiscal year, Finance…
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