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Aluminium prices surge to near decade high + Delta variant to hit China growth prospects
SUPERCYCLE WATCH- Aluminium prices are nearing a decade high of c. USD 2.6k per tonne this week, supported by a…
Oil price drop hits Kuwait’s finances + Nike and Adidas face supply chain crisis
Kuwait in trouble after oil price drop: Kuwait’s budget deficit almost tripled last year as the 2020 oil price crash…
Heads of FRA, SCA reappointed for another year
Financial Regulatory Authority (FRA) Chairman Mohamed Omran and Suez Canal Authority (SCA) Chairman Osama Rabie have both been reappointed for…
Following its IPO success, Taaleem is in market for an acquisition
Higher education outfit Taaleem could potentially acquire an unnamed local education provider, Managing Director Mohamed El Rashidi reportedly told Al…
Corps-Solutions plans EGP 500-700 mn securitized bond sale in 4Q2021
Corps-Solutions securitized bond sale could reach EGP 700 mn: EFG Hermes Corp-Solutions plans to raise EGP 500-700 mn from a…
CBE, EGX confirm Thursday holiday; Solid 2Q Aramco earnings; Tokyo 2020 is over; China to ship 2 bn vaccines;
Good afternoon, ladies and gentlemen. After an uncharacteristically busy first week of August, it seems we’re right back down to…
A more diverse Nasdaq and a sooner-than-expected Fed hike?
Fed could hike rates in early 2023: The Federal Reserve could move to raise interest rates from historic lows by…
Tamweel eyes debt market
A banking syndicate led by CIB is gearing up to take to market securitized bonds worth EGP 1.1 bn for…
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