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Sovereign bond sales are on the up — and Egypt could be the biggest issuer in the region in 2022
Global sovereign bond sales will hit USD 10.4 tn this year, almost a third above the pre-covid average, S&P Global…
Egypt in the News: Sports Minister Sobhi weighs in on Salah’s future at Anfield
Mohamed Salah is all over the UK press, after Sports Minister Ashraf Sobhi claimed the Egyptian King told him he…
Meet our founder of the week: Mozare3’s Hussein Abo Bakr
OUR FOUNDER OF THE WEEK- Hussein Abo Bakr, founder and CEO of Mozare3 (LinkedIn). My name is Hussein Abo Bakr,…
El Nasr Automotive to sign agreement with new Chinese partner to locally assemble EVs
We’re getting a new Chinese partner for EVs: State-owned El Nasr Automotive will sign next week with an unnamed Chinese…
PIF could invest in Al Wataniya, Siemens power plants + ADQ could buy stakes in unlisted Egyptian firms -Soliman
Wataniya + Siemens power plants on the table for Saudi PIF: Saudi Arabia’s sovereign wealth fund could take stakes in…
Musk snaps up 9.2% Twitter stake, while Meta AI has some attrition problems
Elon Musk just became Twitter’s biggest shareholder after buying a 9.2% stake in the platform, a regulatory filing showed. The…
THIS EVENING: ADQ eyes listed + unlisted stake purchases; Saudi’s PIF could snag Al Wataniya + Siemens power plant stakes. Plus: Shoukry joins Arab League diplomacy push in Russia
Good afternoon, ladies and gentlemen. We thought we were doing well during Ramadan without incessant caffeinating, but we also just…
A strong start to the year for sukuk + investors sentiment tanks on high-growth firms
Surging oil prices gave sukuk transactions their best ever start to a year in 2022, Bloomberg reports. Sales of new…
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