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It’s the global earnings watch edition
GLOBAL EARNINGS WATCH- Gold miner operator Centamin saw its 1H2021 profits after tax fall 20% y-o-y to USD 59.5 mn,…
Aramco hikes prices in Asia and the US + Nvidia’s Arm purchase hits hiccup
Saudi Aramco raised September oil prices for buyers in Asia and the US, in a show of confidence for a…
FRA to issue tailor-made actuarial tables
Inching closer to a tailor-made life ins. industry: The Financial Regulatory Authority (FRA) has finished drafting Egypt’s first actuarial life…
Mercedes’ local partner plans EGP 1 bn bond issuance to enter EV market
A EGP 1 bn bond issuance could help Mercedes’ local partner enter the EV market: The National Automotive Company (NATCO)…
A second covid summer isn’t good for EM that rely on tourism + Wall Street is loving earnings season
A second covid summer will hit tourism-reliant economies hard, with many emerging economies missing out on potential revenues as the…
Odin targets EGP 200 mn first close for joint fund with Kasb
OdinInvestments is targeting a EGP 200 mn first close for its EGP 500 mn joint equity fund with Saudi’s Kasb…
Hedge funds are coming for unlisted companies + Murdoch buys IHS’ energy info service
PE, watch out: Hedge funds are starting to eye up unlisted companies: Third Point, Marshall Wace, and BlueCrest Capital are…
New indices to track government bonds coming to a stock exchange near you
The EGX is rolling out a new index for publicly-traded government treasuries that will be up and running later today,…
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