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War in Ukraine is like a BRIC to the face for foreign investors
LIKE A BRIC TO THE FACE FOR FOREIGN INVESTORS- Like Big Oil, the Grand Wizzards of High Finance are scrambling…
Ethiopia eyes USD bns in private investment + Volatility ahead for US gov’t-backed mortgage loans?
Ethiopia launches massive investment fund: The Ethiopian government is targeting foreign investment in at least USD 150 bn-worth of state…
Market roundup on 27 February 2022
The EGX30 rose 2.6% at today’s close on turnover of EGP 541 mn (46.7% below the 90-day average). Foreign investors…
Analysts say six Fed rate hikes won’t halt inflation + Kuwait’s stock exchange looks to add new instruments
Will the Fed’s rate hikes be too little, too late? Almost half of economists polled by the Financial Times think…
Russia steps up assault on Kyiv overnight — faces sanctions on its central bank and being cut off from SWIFT global banking network
Russia stepped up its assault on Kyiv overnight as the war in Ukraine enteredits fourth day. Here’s what you need…
Market roundup on 24 February
The EGX30 fell 3.6% at today’s close on turnover of EGP 1.1 bn (7.8% above the 90-day average). Foreign investors…
Aramco sells 49% stake in its natgas pipelines + FAB lines up USD 500 mn in sukuk
Aramco closes USD multi-bn sale of minority stake in natgas pipelines: An investor group led by BlackRock has acquired a…
FAB could sell payments business, Delek rebrands
Brookfield eyes FAB’s payment business: Canadian asset management giant Brookfield is reportedly in talks to acquire Magnati, First Abu Dhabi…
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