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TONIGHT: EFG Hermes is officially a universal bank + Charles and Camilla meet El Sisi + it hasn’t been a great day for EM equities
Good afternoon, wonderful people — and mabrouk for making it through a bear of a week. THE BIG STORY TODAY-…
Inflation weighs on stocks as Goldman CEO warns on rate hikes
US stocks fell again yesterday as investors fretted over how central banks will react to rising inflation. The S&P 500…
Wheat tender price rises again
Wheat tender price rises again: GASC bought 60k tonnes of Romanian wheat in an international tender for shipment between 1-15…
Two Dubai IPOs are coming down the pipeline as DFM chases Gulf rush
Dubai is holding on to its promise list more state-owned companies with two more IPOs in the pipeline. IT firm…
Export Development Fund needs more time to pay arrears
Export Development Fund needs more time to pay arrears: The Export Development Fund is extending the third phase of its…
Lawmakers want to fast-track budget transparency rules
Lawmakers want the draft Unified Budget Act to come into force faster than planned, with MPs saying this week that…
Unemployment rate rises to 7.5% in 3Q2021
Egypt’s unemployment rate rose to 7.5% in 3Q2021, up 0.2 percentage points from the April-June quarter, according to official figures…
TONIGHT: Tanmeyah is now wholly owned by EFG + unemployment inches up in 3Q2021
It’s an energy-focused hump day, ladies and gentlemen, with a flurry of energy news coming out of various global oil,…
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