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US interest hikes are wreaking havoc in emerging markets, and we’re unlikely to be immune
The sovereign debt of almost a quarter of developing countries is now trading at distressed levels, says World Bank
MENA bond issuances tripled in value y-o-y in the first nine months of 2023
Market data logged USD 61.1 bn in the first nine months of 2023
United Bank’s United Finance closes EGP 617.5 mn securitization
The issuance was backed by a EGP 933 mn leasing contracts portfolio
Wall Street heavyweights warn of impacts of war on struggling global economy
Good morning, friends. For the second time in as many weeks, we bring you a case for cautious optimism about…
Warren Buffett is sitting on more cash than ever — and doesn’t know where to invest it
The Warren Buffett-led company saw its losses widen to USD 12.8 bn during 3Q 2023
US stocks have best week in almost a year on interest rate hopes
The S&P 500, Nasdaq 100 both saw their best weekly performances all year long
US Federal Reserve holds rates steady
Fed leaves rates at 5.25-5.5%, but hints at further rate hikes
EFG Hermes tops EGX brokerage league table in October
CI Capital, Mubasher, Thndr, and Al Rowad rounded out the top five firms.
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