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AAOIFI delays Standard 62 rollout amid growing concerns over its appeal to markets
Standard 62 would require sukuk issuers to formally transfer ownership of underlying assets to investors
TE wraps up work on 2Africa subsea cable
PLUS- Egypt Kuwait Holding broke ground on a USD 60 mn plastic waste recycling plant in the UK
Gov’t to roll out new package of stock market incentives next week
Good afternoon, friends, and welcome to the home stretch. While we may be approaching the weekend, the news cycle isn’t…
Inside Japan’s two-decade partnership with the GEM
Through JICA, Japan has been supporting the GEM since 2006, in a long-term initiative running through 2025 and extending into…
Markets see widespread sell-offs amid growing AI bubble fears
Alphabet CEO warned that “no company is going to be immune” to the impacts of the AI bubble bursting
BTC sinks below USD 92k as traders brace for a deeper slide
BTC is in free fall, sinking below USD 92k and wiping out all its gains for the year
FinMin to introduce a new income tax law next year
A draft will be presented for community dialogue in preparation for its referral to the House
Our second local sukuk issuance was 11x oversubscribed
The Finance Ministry attracted an order book of EGP 33 bn
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