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Investment banks eye terminal operator IPOs — and Qatar’s SWF is looking for a strategic stake
A unit of Qatar’s sovereign wealth fund is eyeing majority stakes in two state-owned terminal operators as investment bankers angle…
What the markets are doing on 30 January, 2023
The EGX30 fell 2.2% at today’s close on turnover of EGP 2.91bn (66% above the 90-day average). Foreign investors were…
Alphabet, Amazon, Apple, Meta: Incoming earnings avalanche
Keep an eye out for a torrent of earnings releases from leaders across various industries this week: More than 100…
More econ talk in the int’l press
It’s a mixed bag for mentions of Egypt in the foreign press this morning. There’s still plenty of interest in…
EGX gains, high-yield CDs, and rate hikes on the airwaves
It was another econ-heavy evening on the talk shows last night, with the talking heads cheering a good day for…
Morgan Stanley is wagering on a roaring ‘20s for emerging markets
Are the 2020s set to be the decade of emerging markets? Morgan Stanley Investment Management last week said it is…
THIS MORNING: It’s a packed news day coming out of the long weekend
Good morning, wonderful people, and welcome back. We hope our Egypt-based readers made the best of the long weekend and…
Gulf growth set to halve on weaker crude demand + IMF doesn’t want EMs to lose out in the green transition
Gulf oil exporters will see economic growth halve this year as revenues decline on the back of the global economic…
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