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valU closes its second securitized bond issuance
valU just closed its second securitized bond issuance in less than a year: EFG Hermes’ consumer finance arm valU has…
THIS MORNING: What will happen at today’s Monetary Policy Committee meeting now that Amer has resigned?
Good morning wonderful people, and welcome to a fantastic Thursday morning dominated by one big story: Who will be the…
US retail earnings were better than expected in 2Q
Better-than-expected retail earnings in the US yesterday kept the stock rally going even as tech stocks faced selling pressure on…
Aman / Taqa fintech to launch in 4Q, IDH’s CEO ups stake in company
Aman + Taqa’s fintech venture to launch in 4Q 2022: Raya Holding subsidiary Aman and Qalaa Holdings’ Taqa Arabia hope…
Expedition Investments’ bid for Domty gets FRA approval
The Financial Regulatory Authority (FRA) has greenlit Expedition Investments’ bid to acquire a 34% stake in cheesemaker Domty, the regulator…
What the markets are doing on 16 August, 2022
The EGX30 fell 0.7% at today’s close on turnover of EGP 1.25 bn (36.2% above the 90-day average). Local investors…
Institutional investors aren’t giving up on crypto
Institutional investors are making a comeback in the crypto world: BlackRock, the world’s biggest asset manager, has in recent days…
Aramco profits surge 90% in 2Q 2022
EARNINGS WATCH- #1- Saudi Aramco’ posts record net income amid spiraling oil prices: Saudi Aramco reported record 2Q 2022 and…
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