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US stocks finish February in the red on rate worries
Wall Street ends February in the red: US stocks resumed their decline yesterday, capping a nervy month for stock traders…
Adnoc ups gas unit IPO on heavy investor demand
Abu Dhabi IPO WATCH: Adnoc’s natural gas arm will now offer close to a 5% stake in its IPO in…
Cross-border payments, bill payments are getting easier for Egyptians in the UAE thanks to Fawry + Botim
FINTECH- Fawry + Botim collab to help Egyptians in UAE to make cross-border payments, pay bills: Local e-payments giant Fawry…
Rallies in EM assets, global bonds go into reverse on rate fears
The great 2023 global bond rally goes kaput: The rally in the global bond marketthat marked the first few weeks…
Ibnsina to invest EGP 200 this year. Plus: Kima, e-finance, Aman, Luberef
INVESTMENT- Ibnsina Pharma to invest up to EGP 200 mn in 2023: EGX-listed pharma player Ibnsina Pharma plans to invest…
Adnoc Gas IPO sees huge demand
Adnoc Gas’ USD 2 bn IPO covered within hours: The natural gas arm of the UAE’s Adnoc covered the orderbook…
Egypt buys 240k tons of Russian wheat. PLUS: News from EBRD, USAID and more
This is the third World Bank-funded wheat tender this year.
Fed could hike interest rates for longer to curb inflation
Fed could keep raising rates for longer: Federal Reserve officials could decide to keep raising interest rates for longer due…
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