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Regulators just greenlit Egypt’s first ever gold investment fund. PLUS: Data center upgrade, new Sawari tech fund, oil + gas exploration.
Gold prices have surged 60% this year on ongoing economic uncertainty
China manufacturing unexpectedly falls in April
April manufacturing data suggests China isn’t out of the woods yet: China’s manufacturing activity unexpectedly contracted in April for the…
Investors are growing more concerned about an Egypt default
The cost of insuring Egypt’s debt just hit a record high: The country’s five-year credit-default swaps (CDS) are trading at…
Ethmar Int’l plans IPO as Abu Dhabi targets listings boom
The ADX listing pipeline looks promising this year
Is the USD losing ground as the world’s favorite reserve currency?
The USD’s share of global reserves fell rapidly in 2022
Hedge funds think the USD has farther to fall
The greenback hit its lowest level in a year last week
IMF’s Africa head calls for urgent debt reform
Abebe Selassie pushes the continent’s creditors on debt relief
US inflation cooled in March — but don’t expect an end to rate hikes
Don’t expect interest rate hikes to end soon
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