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Dubai toll operator Salik’s IPO is already covered after day one of subscription period
Dubai toll operator IPO covered within hours: Investors booked all 1.5 bn shares in Dubai’s state-owned road toll operator Salik…
Unemployment rates holds steady in 2Q 2022
Egypt’s unemployment rate remained flat at 7.2% in 2Q 2022 from last quarter, according to data (pdf) from statistics agency…
THIS EVENING: Unemployment remains unchanged q-o-q + China cuts interest rates as economic activity lags
Good afternoon, lovely people. We have a calm Monday on our hands as the August slowdown continues to hold here…
Swvl slashes headcount as startups around the world gird for nuclear winter
Swvl cuts headcount by a third: Nasdaq-listed mass transport startup Swvl is laying off 32% of its staff in a…
Unemployment dips to 7.2% 1Q 2022
Egypt’s unemployment rate dipped to 7.2% in 1Q 2022 from 7.4% the previous quarter, according to the latest data by…
THIS EVENING: Gov’t announces strategy to spur private sector activity in the economy + Unemployment fell in Jan-March + Europe considers cap on natural gas prices
Good afternoon, friends, and welcome to a busy start to the week. We have some big news for you to…
Inflation continues to dampen business activity in April
Egypt’s non-oil private sector continued to contract in April, buffeted by inflation that has been turbocharged by the war in…
THIS MORNING: The number of public sector workers continued to fall in 2021 + Oil is continuing to slide this morning
Good morning, wonderful people, and welcome to hump day, where the big stories of the morning include a flurry of…
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