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EBRD buys into Scatec’s green bond issuance
The European Bank for Reconstruction and Development (EBRD) has confirmed that it is snapping up to USD 100 mn worth…
Steel prices are starting to cool off + Elsewedy inks electric motors agreement
Ezz Steel has lowered steel rebar prices by 4%, marking the first drop in price since Russia’s invasion of Ukraine…
Support talks with IMF reach technical stage as lender pinpoints key reforms + The Fund expects uneven recovery in the Middle East
Talks between Egypt and the IMF on a fresh support package have reached the “technical stage,” Jihad Azour, the multilateral…
The 2022 IMF + World Bank Spring Meetings have ended: Here are the key takeaways
RECAP — The IMF / World Bank Spring: The war in Ukraine and ensuring food security in developing countries stole…
THIS EVENING: Steel manufacturers are starting to cut prices + the EU is preparing to replace Russia’s natgas supplies
It’s a relatively calm Wednesday afternoon on the home front, ladies and gentlemen, giving us hope for a smooth slide…
Twitter’s board greenlights Musk’s takeover bid
Looks like Elon Musk is buying Twitter after all: The Twitter board has okayed the Tesla boss’ offer to fully…
Electricity subsidies live on
SETTING THE RECORD STRAIGHT - Electricity subsidies haven’t been phased out. Electricity is and will continue to be subsidized by…
Honeywell eyes USD 200 mn worth of investments in Egypt
US conglomerate Honeywell is looking to invest around USD 200 mn in petrochemicals and the production of green fuels for…
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