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Asia is lapping up Russian crude
Russia doesn’t seem to be having problems finding buyers for its crude: Moscow is selling an “unprecedented” volume of crude…
e-Health starts work on the universal health insurance system
e-Health kicks off operations: EGX-listed e-Finance’s digital healthcare services arm, e-Health, has begun work on the government’s universal health ins.…
El Erian points fingers at Fed for US inflation as recession clouds build
The Fed missed the boat on inflation, says El Erian: Allianz Chief Economist Mohamed El Erian told CBS’s “Face The…
Contact makes play for ’defensive’ sectors
Contact Financial Holding’s consumer financing arm is earmarking EGP 2 bn for tuition financing in 2H2022, Contact CEO and Managing…
THIS EVENING: Our first sovereign sukuk issuance is still on hold + US equities face “darkening outlook”
Good afternoon, friends. It’s a relatively calm start to the week (especially if you’re comparing to the past few weeks…
Time to call time on SPACs?
SPACs are dead. Interest rates and regulators killed them: It’s looking increasingly like the SPAC boom fueled by the pandemic’s…
ETA tries to help investors
The Egyptian Tax Authority (ETA) has established an investors’ support unit to resolve hurdles facing investors as part of the…
Could GERD negotiations be back on the table?
The will-they-won’t-they of the GERD negotiations is back: Ethiopia is interested in returning to the negotiating table with Egypt and…
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