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Aramco is the world’s most valuable company
Saudi Aramco has dethroned Apple as the world’s most valuable company, as surging oil prices push its shares to near-record…
Another step towards sustainable bonds
Cabinet backs sustainable development agenda: Ministers have approved a plan by the Finance Ministry to broaden its green financing framework…
Emerging-market currencies see biggest losses since 2020
EM currencies see biggest losses since 2020: Emerging-market currencies are suffering as investors pull out of risk assets in response…
Aramco is close to eclipsing Apple as the world’s most valuable company
Saudi oil giant Aramco is close to taking Apple’s crown as the world’s most valuable company, Bloomberg reports. Aramco briefly…
We’re getting EUR 138 mn in EU development grants
The EU and the International Cooperation Ministry yesterday signed development financing grants worth a total of EUR 138 mn that…
Emerging-market investors are in “sell everything” mode
Emerging-market investors are in “sell everything” mode: Not even value stocks are safe in emerging markets right now as investors…
THIS EVENING: Egypt is getting closer to finalizing the 2022-2023 budget + Egypt’s non-oil private sector contracted again in April, albeit at a slower pace
This busy news week appears to be starting with a slow Sunday. Don’t let today lull you, ladies and gentlemen,…
Emerging-market investors expect IMF to back risky debt + global food prices eased (slightly) in April
Expectations of IMF support are driving gains in some of the riskiest EM debt markets: Emerging-market debt has been battered…
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