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Azimut one step closer to launching shariah-compliant fund after getting FRA approval. PLUS: Neom, LRT, Adeer + Hassan Allam Properties + Melee Development
The fund will invest in stocks listed on the EGX’s newly-launched shariah-compliant EGX33
Qatar Islamic Bank backs out of United Bank offer -report
QIB and the Kuwait Finance House completed their due diligence for United Bank in December
The S&P 500 is on a tear, and a rate cut could fuel its run. Are US megacaps overvalued?
A weak jobs report bolsters expectations that the US Federal Reserve will start cutting interest rates in September, further fueling…
Coffee With: Matteo Patrone, VP of banking at the EBRD
Patrone touched down in Egypt last week to attend the Egypt-EU Investment Conference
B’naire Jeff Bezos offloads USD 5 bn worth of Amazon shares
Bezos’ has offloaded some USD 13.5 bn worth of shares this year
Japan’s Saraya mulls another two SCZone projects. PLUS: Yacht tourism, City Lab + Cairo Clinical Labs, Afreximbank, Instapay, Mermec, Kima, Exits, Eagles Fert, Sky Abu Dhabi, Azimut
The projects would come as part of the second phase of the company’s USD 25 mn investment plan in Egypt
Nearly USD 9 bn worth of locked-up BTC is about to hit the market — what does it mean for prices?
PLUS: Shareholders of Bupa Arabia have approved dividend distribution of SAR 600 mn
New Visa report highlights crucial financial trends for Egypt’s SMEs
SMEs make up 98% of companies operating in Egypt, employing over 47 mn Egyptians
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