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The UAE’s Chimera Capital enters private credit market
Chimera Capital enters the private credit space: Our friends at Chimera Capital have launched a USD 2 bn global private…
Berkshire turns in mixed results + global food prices hold steady
Another mixed set of results for Berkshire Hathaway: The Warren Buffett-led conglomerate posted a USD 2.7 bn loss in 3Q…
IFC could help finance 500 MW Al Nowais-Sumitomo wind farm
IFC money for 500 MW wind project? The International Finance Corporation (IFC) could provide USD 83 mn to an Emirati-Japanese…
Empower expands IPO on high demand (again)
Emirates Central Cooling Systems (Empower) has for the second time bumped up the number of shares on offer in its…
CBE issues binding regulations for sustainable finance for banks
It’s time for more responsible banking: The Central Bank of Egypt issued binding regulations designed to promote sustainable finance in…
Fed delivers 75-bps rate hike, Powell warns “we still have some ways to go” in hawkish presser
US interest rates are now at their highest level since the beginning of 2008: As expected yesterday, the Federal Reserve…
e-Finance to launch cloud computing platform this month
EGX-listed e-payments giant e-Finance will launch a cloud computing platform later this month and has inked a protocol with the…
Paymob interest the UAE, TPay is streamlining + Mozare3 could team up with the IFC to help local farmers
Paymob enters the UAE: Fintech startup Paymob has expanded into the UAE and made the country its regional hub, it…
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