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ApeCoin is raising concerns about power accumulation in crypto
New cryptocurrency, ApeCoin, is raising concerns about power imbalances in the crypto world: ApeCoin is coming under scrutiny for revealing…
THIS EVENING: The broad strokes of state policy to encourage private sector involvement + Fawry sells more shares + KSA deposits USD 5 bn in the CBE
It’s another day of outstanding news, ladies and gentlemen, as we head to the pre-Ramadan sprint, with the positive signals…
LuLu plots UAE IPO next year
Middle East supermarket giant Lulu Group International could IPO in the UAE next year, Bloomberg reports, citing people familiar with…
Qatar to invest USD 5 bn in Egypt + Cemex, Harmony Gold to invest more here
Qatar to invest USD 5 bn in Egypt: Qatar has agreed to invest USD 5 bn here “in the coming…
EM bonds on course for their worst quarter in 24 years + UAE positioning itself as a global crypto hub
It hasn’t been like this in 24 years: USD-denominated emerging bonds are on course to have their worst quarter since…
Gov’t downgrades FY 2021-2022 GDP forecast
Surprise: The economy won’t grow as much as expected this year due to Russia’s war in Ukraine: The government has…
EIB lends EUR 150 mn to Telecom Egypt for 4G upgrades
EIB supports 4G expansion with EUR 150 mn loan to TE: Telecom Egypt (TE) has secured a EUR 150 mn…
Shorooq Partners launches USD 150 mn Bedaya Fund II to back startups
UAE-based VC firm Shorooq Partners has launched its USD 150 mn Bedaya Fund II to back early-stage startups operating in…
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