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OPEC+ maintains oil output as uncertainty clouds market outlook
OPEC+ keeps oil output steady: The OPEC oil cartel and its allies kept oil output unchanged in a virtual meeting…
EFG Hermes again tops EGX brokerage league table
EFG Hermes led the EGX’s brokerage league table in January with a market share of 26.7%, according to EGX figures…
Saudi economy on a tear + Chinese business is back in expansion
The Saudi non-oil economy expanded at its fastest pace in more than a year in 4Q 2022, according to government…
African nations could look to G20 for debt relief + Mashreq’s solid FY22 results
More African nations at risk of debt distress may have to go to the G20 to negotiate restructuring their debts,…
Three in, three out as EGX30 rebalances
The EGX30’s semiannual rebalancing is done, the EGX said in a statement out yesterday. In: Abu Dhabi Islamic Bank Egypt,…
Alphabet, Amazon, Apple, Meta: Incoming earnings avalanche
Keep an eye out for a torrent of earnings releases from leaders across various industries this week: More than 100…
Morgan Stanley is wagering on a roaring ‘20s for emerging markets
Are the 2020s set to be the decade of emerging markets? Morgan Stanley Investment Management last week said it is…
Gulf growth set to halve on weaker crude demand + IMF doesn’t want EMs to lose out in the green transition
Gulf oil exporters will see economic growth halve this year as revenues decline on the back of the global economic…
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