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KSA’s Alhokair family agrees to acquire 4.99% of valU
valU welcomes new minority Saudi owners: The Alhokair family looks set to acquire a 4.99% stake in EFG Hermes’ buy-now-pay-later…
Privatization program unpacked
Madbouly gets his ministers together for a status update on privatization plans — and they’ve been busy bees: Prime Minister…
The global financial mood has well and truly turned
Time to batten down the hatches: The business press is warning of coming storms on all fronts. Investors should prepare…
Global CEOs spy recession on horizon + More on the crisis in EM debt markets
CEOs across the world are bracing themselves for a recession: Only a quarter of business leaders across the world expect…
Our Russian wheat imports jumped 84% March-May + We’ve started receiving funding from the ITFC
Egypt’s imports of Russian wheat climbed 84% y-o-y in the three months from March to May despite disruption caused by…
Things could get rougher in the global energy markets next year
So much for demand destruction: The global energy crunch isn’t ending anytime soon if the International Energy Agency’s (IEA) latest…
Rameda gets its hands on a new molecule
Rameda has acquired a molecule used for treating epilepsy, the pharma company said in a disclosure to the EGX (pdf)…
Oil prices could go down in 2023, says Opec
OPEC expects oil demand growth to fall to 2 mn barrels per day (bpd) or less in 2023, compared to…
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