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OPEC+ maintains oil output as uncertainty clouds market outlook
OPEC+ keeps oil output steady: The OPEC oil cartel and its allies kept oil output unchanged in a virtual meeting…
MNT-Halan on its way to unicorn status with major Chimera investment
IFC is also intending to invest USD 40 mn in MNT-Halan
Saudi economy on a tear + Chinese business is back in expansion
The Saudi non-oil economy expanded at its fastest pace in more than a year in 4Q 2022, according to government…
House approves USD 47 mn grant from the US for small-scale farmers
The House of Representatives yesterday approved three foreign financing agreements to fund rural development, irrigation, and rail infrastructure. It also…
EBRD and partners fund more green finance for SMEs + EBRD, BII lend USD 100 mn to BdC
DFIs to fund more green projects + privatization candidate BdC gets funding: More funding for green projects will be available…
African nations could look to G20 for debt relief + Mashreq’s solid FY22 results
More African nations at risk of debt distress may have to go to the G20 to negotiate restructuring their debts,…
Alphabet, Amazon, Apple, Meta: Incoming earnings avalanche
Keep an eye out for a torrent of earnings releases from leaders across various industries this week: More than 100…
IFC, Tadamun partner to expand microfinance for women-led SMEs
DEVELOPMENT FINANCE- IFC, Tadamun to boost women-led micro firms: The International Financial Corporation (IFC) has agreed to assist Tadamun Microfinance…
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