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UAE’s National Paints wants Pachin
UAE’s National Paints makes play for Pachin: Dubai-based National Paints Holdings (NPH) has launched a takeover bid for Paint and…
THIS MORNING: It’s PMI day + Hegazi u-turns on plans for licensing private tutors
Good morning, friends, and happy THURSDAY. It’s the last workday before the start of COP27. We wish all of our…
THIS EVENING: Saudi firms could pour another USD 3 bn into renewables in Egypt + Russia rejoins wheat export agreement
Good afternoon, wonderful people, and happy almost-THURSDAY to us all. We have another brisk news day here at home as…
OPEC wants tns of USD in fresh oil investment as Aramco, BP report huge profits
OPEC wants more than USD 12 tn in oil investment: OPEC has called for USD 12.1 tn to be invested…
Camel Flour Mills acquires majority stake in Five Star Mills
Camel Flour acquires struggling flour producer: Al Moatabar Group’s Camel FlourMills(CFM) has acquired a majority stake in the distressed high-end…
THIS MORNING: EGP at 24.24 + Mubadala Energy to set up a regional HQ in Egypt
Good morning, wonderful people, and welcome to another very brisk news day. We have a bit of everything this morning,…
More on Fed week + EFG Hermes lands bookrunner job on Riyadh Cables
The Fed will likely go for another aggressive hike this week — but what if consumer spending proves too resilient?…
More news from the EV frontier + Cosmic Village is back in the headlines
A unit of renewable energy player Infinity is reportedly interested in assembling EV charging stations here, Al Mal reports, saying…
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