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Middle East enters “golden era” thanks to global volatility, says JPMorgan’s European chief
Money and talent have poured into the region in recent months as investors and companies search for safety from the…
EM stocks suffer worst quarter in a year as higher rates, China woes bite
The third quarter wasn’t kind to EM equities: Emerging-market stocks took a serious blow in 3Q 2023, with a deepening…
Don’t be the next Instacart, VCs tell startups as Nasdaq newbies tread water
Fears that interest rates will remain higher for longer have hampered the fortunes of recent debutants on the Nasdaq
Al Ahly Tamkeen Microfinance closes EGP 707 mn bond issuance
The issuance brings the total value of securitized bonds issued in Egypt so far this year to EGP 55.2 bn
Bond sell-off accelerates, sending yields to “unthinkable” highs -Bloomberg
Higher yields in advanced economies isn’t good news for Egypt
Telecom Egypt to extend cross-Mediterranean Medusa subsea cable to the Red Sea + ADIB’s new sukuk move
The state-owned company signed an agreement last year to land the cable at Port Said
Egypt faces possible demotion on FTSE stock indexes amid FX crunch
Foreign investors are reportedly encountering problems repatriating FX from Egypt as the country endures its worst FX crisis in years
Global trade suffers biggest slump since covid as rate hikes bite
Trade volumes fell 3.2% y-o-y in June, according to new figures
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