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Is China positioning itself to snap up oil reserves when it lifts its covid-zero policy?
Could snap up remaining global oil reserves? The CEO of Saudi Aramco has warned that China will likely snap up…
Capital markets
What the markets are doing on 4 October, 2022
The EGX30 rose 2.6% at today’s close on turnover of EGP 1.1 bn (12.8% above the 90-day average). Foreign investors…
No schadenfreude here, but — could a US recession do EMs some good?
Struggling emerging economies should be hoping for a recession in the US if it forces the Federal Reserve to reverse…
Manufacturers: Listen up at the coming economic conference
Manufacturers can expect to get a “clear” strategy on how the government plans to shore up local industry at the…
What the markets are doing on 3 October, 2022
The EGX30 was almost flat at today’s close on turnover of EGP 915.82 mn (3.9% below the 90-day average). Local…
EM bond funds see massive outflows amid risk-off wave, stronger USD
Emerging-market bond funds have seen a record USD 70 bn of outflows so far this year, with investors pulling USD…
What the markets are doing on 2 October, 2022
The EGX30 fell 1.4% at today’s close on turnover of EGP 724.08 mn (24% below the 90-day average). Local investors…
Surprising no one, US stocks close 3Q in the red + A sparkling debut for Salik
US stocks closed in the red for the day, the week, the month and the quarter by the end of…
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