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US inflation is starting to cause problems for emerging markets
A surge in US inflation is threatening to end the emerging-market USD carry trade: EM carry trades funded in USD…
e-Finance pushes expansion with B2B e-commerce, digital health, and tourism platforms
What’s next for e-Finance as a public company? Following its blockbuster debut on the EGX as part of the state…
TONIGHT: The PPP Act passes the House + It’s a good day for VC investment in edtech
It’s a busy day here in the local press, ladies and gentlemen, with key legislation getting approval from the House…
Is the stock rally being driven by FOMO?
Is the stock rally being driven by FOMO? US equities’ record run could be driven by investors’ fear of missing…
e-Finance profits fall 15% in 3Q2021
e-Finance saw its net income dip 20% y-o-y in 3Q2021 to EGP 99.3 mn, according to the company’s first quarterly…
Int’l banking syndicate to provide gov’t with USD 2 bn Islamic + ESG loan
A syndicate of 10 regional and international banks are providing the USD 2 bn loan the Madbouly government is raising…
Corporate break-ups are all the rage right now
More spin-offs in big corporate-verse: Johnson & Johnson and Toshiba are the latest to announce a bid to streamline operations,…
EasyCash gets acquired and Suez to roll out universal health insurance system
The Arabian Gulf Investments Company has acquired undisclosed stakes in three Egyptian companies, including mobile payments company EasyCash, according to…
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