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Riyadh Cables falls 12% on market debut + ESG funds see first annual outflows since 2011
Riyadh Cables didn’t have a great start to life on the Saudi stock exchange yesterday: Riyadh Cables Group’s shares fell…
China is about to lose its position as iPhone’s main manufacturing hub + There’s a whole lot of real estate and tourism capacity in Qatar
Will India and Vietnam overtake China as iPhone manufacturing hubs? Leading Apple suppliers, including Foxconn and Pegatron, are shifting their…
Expect central banks to stay hawkish deep into 2023 amid stubborn inflation
Central banks won’t be taking their feet off the gas anytime soon: Despite hopes in some quarters that central banks…
THIS MORNING: Argentina win the World Cup + Gold exporters face new curbs as central bank moves on USD black market
There’s only one place to start this morning, folks: Last night’s World Cup final was one of the most entertaining…
A year of reckoning for Planet Startup, but we came out stronger
It was an eventful year for StartupLand to say the least: Startups and venture capitalists alike have faced a slew…
The FTX chaos is starting to blow back on Binance
Investors pulled bns of USD from the world’s biggest crypto exchange last week: Binance, the world’s largest crypto trading platform…
Hospitality logistics startup Suplyd bags USD 1.6 mn pre-seed for expansion
Local hospitality supply-chain startup Suplyd has raised USD 1.6 mn in pre-seed funding, it said in a statement (pdf) Thursday.…
EFG Hermes’ valU sets aside USD 25 mn to expand through M&A + new products
valU to spend USD 25 mn on regional + product expansion: EFG Hermes’ buy-now-pay-later platform valU expects to invest some…
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