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Global VC funding fell off a cliff in 1H 2023
VC firms paid out 48% less y-o-y in 1H as tighter conditions drove risk-off sentiment
Real estate player El Mostakbal joins SFE’s pre-IPO fund -report
The SFE reportedly plans to sell a 25-30% stake in the company
THIS MORNING: Taqa Arabia shares start trading on the EGX today
Plus: Youssef Boutros-Ghali may be home for a visit after being cleared of charges
What the markets are doing on 6 July, 2023
The EGX30 fell 1.6% at today’s close on turnover of EGP 1.67 bn. Local investors were net sellers. The index…
THIS EVENING: Taqa Arabia’s EGX debut slated for Sunday
Happy THURSDAY, wonderful people. We end this abridged week on a relatively calm note — save for news of some…
UAE firms form MENA’s biggest property, FM platform + US Fed isn’t done tightening yet
Aldar Estates’ MENA-wide portfolio will include 135k properties under management
What the markets are doing on 5 July, 2023
The EGX30 fell 0.5% at today’s close on turnover of EGP 1.57 bn. Local investors were net buyers. The index…
USD-denominated sovereign debt inches up on EM rally
Long-term bonds gained more than USD 0.01 as Pakistan’s IMF bailout spread optimism
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