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Record inflows into ETFs could be backstopping global stocks
ETFs see record inflows in 2021: Inflows into exchange-traded funds have accelerated at a record pace so far this year…
Construction of TMG’s EGP 500 bn Nour City has begun
Construction of Talaat Moustafa Group’s EGP 500 bn Nour City development has begun, after Housing Minister Assem El Gazzar and…
E-commerce platform Tejarra and fintech player MoneyHash raise separate six-figure USD rounds
Egyptian e-commerce platform Tejarra.com has raised a six-figure USD seed investment from venture capital firm Openner, according to a press…
El Salvador is going all in on BTC
El Salvador may become the first country to make BTC its legal tender in the coming weeks, CNBC reports. In…
The bidding war for the army’s Wataniya Petroleum is heating up
Saudi industrial oils giant Petromin is throwing its hat in the ring in what’s shaping up into a bidding war…
Juhayna won’t confirm it’s in talks to sell a stake to ADQ, but don’t count this out yet
Is Juhayna in talks to sell a stake to Abu Dhabi’s sovereign wealth fund? Bloomberg broke the news last night,…
ADQ could be eyeing up Juhayna
ADQ Holding looking at a stake in Juhayna? Abu Dhabi’s sovereign wealth fund ADQ Holding is mulling the acquisition of…
What the markets are doing on 1 June 2021
Investors are pumping the brakes on the red-hot US IPO market: The strength of first-day IPO “pops” in the US…
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