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Higher yields + a weaker EGP have foreign investors looking at Egypt
Higher yields + weaker EGP could bring foreign investors back to the market: Foreign investors who sold out of Egypt…
Dubai’s Tabby raises whopper USD 58 mn series-C round
Makes it one of the most valuable startups in the MENA region
ECB follows the Fed to hint at slower rate rises + Gnarly 4Q results for Wall St majors
Slower rate hikes in Europe? Officials at the European Central Bank (ECB) are mulling a slower pace of rate hikes…
Vodacom snaps up another 0.02% of Vodafone Egypt
CAPITAL MARKETS- Minority shareholders loath to part with Vodafone Egypt stakes: Vodacom is acquiring an additional 0.02% (49.5k shares) of…
Resilient banks + reduced-price bread
It was banking and bread on the airwaves last night: The attention of the talking heads was captured by a…
New FRA regulations aim to help insulate ins. companies from credit risk of borrowers
FRA hands down new regulations controlling ins. against credit risks: The Financial Regulatory Authority (FRA) has issued new regulations designed…
THIS MORNING: How long will 25% CDs last? PLUS: EFG Hermes could exit Pakistan, Jordan
Good morning, wonderful people. The EGP continues to trade actively on the back of both local savers de-dollarizing and portfolio…
State grain buyer GASC is getting into corn with first int’l tender
COMMODITIES- State grain buyer GASC is set to launch its first-ever corn tender on 19 January to purchase supplies from…
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