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e-Finance looks at new rights issue to shareholders
MARKET NEWS- State-owned fintech firm e-Finance’s board of directors greenlit a EGP 2.49 bn capital increase through a rights issue…
Elon doesn’t think his donations can end world hunger
Is it reasonable for bn’aires to actually end world hunger? As a bn’aire of course Elon Musk would say no.…
TONIGHT: Egypt is getting on the SPAC train + NBE is getting a USD 200 mn loan for infrastructure onlending + COP26 gets underway with a sobering warning
To quote Bone-Thugs-N-Harmony: “Wake up, wake up. It’s the first of the month.” And already it’s looking very busy, with…
Inflation in emerging-markets smashes expectations
Inflationary pressures are building in emerging markets: Inflation in emerging markets has surpassed expectations by the most since 2008 as…
IDH hit by arbitration cases by Saudi-based Al Muhaidib Company
Saudi Arabia’s Al Muhaidib Company is in the midst of international arbitration case and two administrative cases against LSE- and…
Microsoft is the world’s most valuable public company
Microsoft is tech’s top dog once again, reclaiming its spot as the world’s most valuable publicly-traded company after Apple took…
Kuzlo closes pre-seed round
Alexandria-based B2B marketplace Kuzlo raised pre-seed funding during a round led by Nama Ventures, according to a statement out on…
THIS MORNING: COP26 starts tomorrow; GCC v Lebanon; Gas prices in Europe ease; Facebook is hoping a rebrand will make their problems go away.
Happy Halloween, boys and girls — and welcome to the final business day of October. The first week of November…
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