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TRY takes a huge L after Erdogan puts foot in mouth
TRY takes a huge L after Erdogan puts foot in mouth: The Turkish currency is plummeting after the country’s president-cum-grade…
New incentives for airlines to fly to tourist hotspots + Jumia links up with Valu
Airlines receive 50% operating fee discount at tourist hotspots: Airlines are getting 50% off on landing, accommodation, and waiting fees…
AIIB approves USD 360 mn loan to support Egypt’s post-covid economy
We’re getting a USD 360 mn loan from AIIB: The Beijing-headquartered Asian Infrastructure Investment Bank (AIIB) has approved a USD…
CIB approves green bond funding
Our friends at leading private sector bank CIB have approved the allocation of USD 70 mn in proceeds from its…
TONIGHT: We’re getting more development financing from AIIB + SODIC shareholders have 10 days to respond to Aldar-ADQ MTO. Plus: Biden turns on the oil taps
Happy hump day, wonderful people, and welcome to another relatively calm afternoon for the news as we slide towards the…
Dubai’s IPO pipeline grows as Shuaa plots x2 listings in early 2022
Another one for the Dubai IPO pipeline as it looks to capitalize on a regional boom in public listings: Shuaa…
Women-led SMEs to get USD 5 mn in EBRD funding
EBE receives up to USD 5 mn from EBRD to support Egyptian women-led SMEs: The Export Development Bank of Egypt…
Gov’t finalizes USD 2 bn loan from int'l banking syndicate
The government’s USD 2 bn syndicated bank loan has been finalized and is awaiting approval in the House of Representatives,…
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