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Infrastructure 
Edita + Al Baraka Bank in line for loans from IFC
The international lender could lend USD 85 mn to the two companies, and mobilize an additional USD 15 mn for…
Citigroup is gearing up for a new run of Gulf IPOs in the coming months
“The pipeline is solid, it’s promising for post the summer and 2024”
Oil prices look to notch biggest monthly gains since January 2022 in July
Brent and US crude have hit their highest levels since April as the market tightens
Is the ‘everything rally’ back?
Investors are piling back into risk assets amid optimism that the Fed has avoided a hard landing
Arab Monetary Fund lends us USD 616 mn
The loan will support payments infrastructure, financial inclusion and regulation
Fed hikes interest rates by 25 bps, signals it’s not done yet
Interest rates are now at their highest level since 2001
Singapore chemicals firm eyes Egypt. PLUS: EgyptAlum, valU and a USAID-backed entrepreneurship initiative
The company signed an MoU with the Sovereign Fund of Egypt yesterday
Output cuts are taking their toll on Saudi oil income
Monthly oil revenues fell by a third in May to hit their lowest level since September 2021
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