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More bad times for Binance
Parts of the crypto market took a tumble on the Binance news
China’s Vivo begins producing local smartphones
Four international brands are now making smartphones here
Enmaa Finance closes its first EGP 759 mn securitization issuance
The securitization issuance is Enmaa’s first
MPs voice concern over public borrowing as budget debates kick off in the House
Majority parties voiced their support for the budget
Erdogan appoints former Goldman MD as Turkish central bank head
Another sign that Turkey could take its monetary policy orthodox
Another USD 700 mn in wheat finance from the ITFC
The country has nearly 6 months’ worth of wheat in reserve
Turkey is moving to a flexible exchange rate as gov’t adopts ‘rational’ economic policies
The currency fell more than 7% yesterday
Mashreq to expand digital platforms in Egypt this year. PLUS: Trouble at Alfa Market, Elsewedy eyes interconnector in Southern Africa
We discussed the lender’s growth strategy with Mashreq Egypt country head and CEO Amr El Bahey this week
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