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Arm Holding files for blockbuster IPO on Nasdaq
Arm could be one of the US’ biggest-ever tech listings
CI Capital revenues nearly double in 1H 2023
The group’s loan book reached a record high of EGP 20 bn during the six-month period
EM stocks, bonds tank on political, economic worries
Stocks are on course for their worst August since 2015
The IFC could hold an EGP-denominated bond issuance to raise funds for investment
The proceeds could be used to make local investments, says cabinet
Concerns about China’s USD 3 tn shadow banking sector are growing
Giant investment trust Zhongrong has missed payments to corporate investors
Cabinet approves fresh loans to support banking industry, fund Abu Qir metro
Ministers greenlight loans for banking sector reform + the Abu Qir metro.
EBRD has funding for Damietta Port — and is pushing forward liberalization of our electricity grid
EBRD is also working with Egyptera on a a wheeling framework for the national electricity grid
China slowdown, US banks weigh on global stocks
China’s central bank unexpectedly cut interest rates yesterday to arrest the country’s economic slowdown
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