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The US banking crisis has upended expectations for Fed rate policy
Bond traders now expect the central bank to start cutting rates in June
Abraj Energy shares jump 17% on market debut
Abraj Energy Services shares jumped 17% on their debut on the Oman stock exchange yesterday. The state-owned oil-drilling unit raised…
Aman wants to launch in Saudi Arabia within 3 months. PLUS: Money GB Auto + Dara’s Ice Cream, FinMin appoints sukuk company board
Aman is working with a mystery Saudi partner to launch in the kingdom
Sheikh Tahnoon adds the ADIA to his business empire
The UAE’s Sheikh Tahnoon just got more powerful:UAE’s national security advisor Sheikh Tahnoon bin Zayed Al Nahyan has been appointed…
Corporates in EM are having a hard time in the debt markets
EM corporate bonds struggle on high cost of debt: Emerging-market companies have sold only USD 60 bn worth of bonds…
Emerging markets are really hoping US interest rates don’t go to 6%
Fresh warning signs for EMs amid expectations for hawkish Fed pivot: Analysts are warning of the damage emerging markets will…
EgyptAir to increase flights to China. PLUS: Green hydrogen, oil exploration and a new startup fund
EgyptAir relaunched flights to China last week.
No decisions made on accelerating interest rate hikes -Fed’s Powell
Faster rate hikes not guaranteed, Powell says: That was the message from Federal Reserve chair Jerome Powell on the second…
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