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Emerging-market investors are turning to the EUR to fund carry trades
Move over, USD. The EUR is the new funding currency of choice for EM carry traders: Investors trading emerging-market currencies…
Bull rally or bear rally?
After chaotic 1H 2022, tech earnings drive US stocks’ best performance in years: US stocks saw their best month since…
Things aren’t getting any better for Meta
Facebook just killed the tech earnings optimism: Facebook parent Meta saw its first-ever quarterly decline in revenues in 2Q 2022…
Tamweely is getting into green financing
Microfinance player Tamweely is rolling out green financing products geared towards eco-friendly projects in the agriculture sector, the company said…
We could be getting new financing from the UK’s DFI
The UK’s DFI is looking to up financing to Egypt: British InternationalInvestment, the UK government’s development finance arm, is planning…
So far, so good on US earnings for 2Q
The first US tech earnings are in — and they’re not as disappointing as expected: Microsoft and Google parent Alphabet…
Mahmoud Sakka appointed chairman of Misr Finance, Ahmed Deif named CEO and MD
Misr Finance, the financing arm for Misr Ins. Holding Company (MIHC), has appointed Mahmoud El Sakka (LinkedIn) its new chairman.…
Infinity, AFC eye USD 4 bn to double Lekela’s capacity
Infinity + AFC plan USD 4 bn investment to double Lekela’s capacity: Our friends at renewables player Infinity Group and…
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