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Nifty 50 > Hang Seng
India’s stock market is on track to eclipse Hong Kong: Recent surges in Indian share prices have put the country’s…
Dubai Taxi shares pop on stock market debut
The state-owned company’s IPO was the most subscribed in the city’s history
Analysts and Wall Street can’t seem to agree
The Federal Reserve won’t start cutting interest rates until at least July 2024, a Financial Times poll showed, with nearly…
Moody’s issues negative outlook for global banks
Moody’s blames slower growth and risk of borrowers defaulting for its outlook
Renewable energy link to Italy. PLUS: News from Engazaat, Supreme Council of Ports and Logistics, and Wizz Air
ENERGY- Italy-Egypt subsea link is in the works: UAE-based energy company K&K Group has signed an MoU on the sidelines…
GB Corp’s Drive closes EGP 1.4 bn securitized bond issuance
The issuance is the first in a three-year EGP 5 bn securitization program
The hype in the financial markets for lower interest rates is cooling (except in crypto)
Market hype over the Fed’s interest rate position is tempering: The meltup in the financial markets that accompanied statements made…
IFC backs SME on-lending with USD 50 mn shariah-compliant facility to Al Baraka Bank. PLUS: News from Visa, Valu, and Partment.
DEBT- Al Baraka lines up shariah-compliant financing from IFC: The International Finance Corporation (IFC) has agreed to lend USD 50…
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