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Russia’s war rocks the markets as corporates continue to scramble for exits
Foreign-listed Russian equities plummeted yesterday as the Moscow Exchange remained closed for the second consecutive day, an indication of the…
War in Ukraine is like a BRIC to the face for foreign investors
LIKE A BRIC TO THE FACE FOR FOREIGN INVESTORS- Like Big Oil, the Grand Wizzards of High Finance are scrambling…
Ethiopia eyes USD bns in private investment + Volatility ahead for US gov’t-backed mortgage loans?
Ethiopia launches massive investment fund: The Ethiopian government is targeting foreign investment in at least USD 150 bn-worth of state…
FinMin looks to rollout B2B e-invoicing for Cairo by June, fully digitize tax system by December
All B2B invoices issued by businesses based in the Greater Cairo Area will be automated by June, director of taxpayer…
THIS EVENING: Ukraine staves off Russian aggression in second-largest city as fighting intensifies + FinMin to create PPP database to track risks
Good afternoon, ladies and gentlemen. It’s another somber news day, with few stories of note here at home as the…
Analysts say six Fed rate hikes won’t halt inflation + Kuwait’s stock exchange looks to add new instruments
Will the Fed’s rate hikes be too little, too late? Almost half of economists polled by the Financial Times think…
Aramco sells 49% stake in its natgas pipelines + FAB lines up USD 500 mn in sukuk
Aramco closes USD multi-bn sale of minority stake in natgas pipelines: An investor group led by BlackRock has acquired a…
FAB could sell payments business, Delek rebrands
Brookfield eyes FAB’s payment business: Canadian asset management giant Brookfield is reportedly in talks to acquire Magnati, First Abu Dhabi…
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