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Europe and the US could become self-sufficient in EV batteries by 2030 — for the small sum of USD 160 bn
The West could unwind its reliance on Chinese EV batteries by the end of the decade — but it’s going…
Hisham Ezz Al Arab reappointed to CIB board
Good afternoon, wonderful people. It’s been a slowish start to the news day, but we expect things to pick up…
Local pharma startup closes USD 8 mn round + Klivvr gets CBE nod
Local B2B pharma platform Grinta has closed a USD 8 mn seed round led by MENA-focused VC Raed Ventures and…
THIS MORNING: Gov’t in no hurry to restart IPO program + Nafeza’s air freight rollout pushed back indefinitely
Good morning, wonderful people, and happy hump day. COP is now in our rearview, and our reward is a massive…
Investors are rediscovering their appetite for the riskiest emerging-market debt
Investors are storming back into high-yield emerging-market debt, pushing down the risk premium over high-grade debt at the quickest rate…
Qatar Diar has eight years to finally finish its City Gate project in New Cairo
Qatari Diar has until 2031 to finish City Gate: The New Urban Communities Authority (NUCA) has given Qatari Diar subsidiary…
Is this the beginning of the end for Big Tech — or the start of a reinvention?
The fallout from the pandemic is hitting the bottomlines of Big Tech. A slowdown in consumer spending, rising inflation, and…
Crypto lenders halt withdrawals as FTX collapse shakes industry + Anghami cuts 22% of staff
FTX collapse carnage continues: Crypto lender Genesis and the bn’aire Winklevoss’ Gemini Trading have both halted withdrawals, BlockFi will file…
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