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Healthtech startup Doxx raises USD 1.5 mn seed funding
Egyptian healthtech startup Doxx raised USD 1.5 mn in a seed round led by international VC outfit Openner, with participation…
Wall Street extends a bad run on trouble for tech stocks
Earnings season + Musk’s Twitter bid drive Wall Street losses: US stocks extended their April losses yesterday on the back…
Gov’t appoints managers ahead USD 2 bn sukuk sale
Egypt has reportedly appointed six international banks to manage its maiden USD 2 bn sovereign sukuk issuance, Bloomberg reports, citing…
Diesel refinery gets USD 1.5 bn financing + lots of other energy news from Egyps
Several of Europe’s biggest banks are providing us with USD 1.5 bn to finance the construction of the new mazut…
Coming Fed tightening triggers equities rotation, rising yields
US markets overall took a sharp dip on Tuesday as yields rose: The S&P 500 fell 1.8%, the Dow Jones…
The emerging-market bears are massing
A quarter of investors surveyed by HSBC are bearish about investing in emerging markets, thanks to slowing economic growth and…
COP26 continues to dominate our small screens
COP26 dominated the talk shows for the second night running: With President Abdel Fattah El Sisi arriving back to Egypt…
HSBC Egypt appoints new chairman
HSBC Egypt has appointed Nasser Alshaali (LinkedIn) as its chairman as of 22 September, succeeding David Eldon, according to a…
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