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Four Fed rate hikes in 2022?
The US Federal Reserve could start raising interest rates in March: Fed Governor Lael Brainard is the latest official to…
German prosthetics firm Ottobock won’t be taking a 20% stake in Orthomedics
Egyptian prosthetics company Orthomedics will not sell a 20% stake to Ottobockafter ending talks with the German firm, Al Borsa…
Market roundup on 13 January
The EGX30 fell 0.4% at today’s close on turnover of EGP 807 mn (32.8% below the 90-day average). Local investors…
High real rates ward off bears in EM FX markets + KSA plans equities splurge
Bearish sentiment on emerging-market currencies is lifting as traders u-turn on assumptions that the asset class will be hit when…
One step closer to Macro’s IPO
Cosmeceuticals giant Macro Group’s shares will be listed on the EGX today after receiving the blessing of the bourse’s listing…
THIS EVENING: Macro Group IPO gets green light from EGX listing committee + Egypt to dig for gold, other minerals in new industrial mining cities
You nearly made it to the weekend, ladies and gentlemen. And if you’re like us, we need it to get…
Running start for global corporate debt + former NMC Health chair forced to pay USD 131 mn compensation claim + OECD inflation hits 25-yr high
The global corporate debt market is off to a running start this year, with companies raising over USD 100 bn…
And the securitized bonds just keep on comin’
Madinet Nasr Housing and Development (MNHD) has closed its first EGP 300 mn issuance as part of a three-year, EGP…
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