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A new Hilton hotel in Marsa Alam
TOURISM- Hilton expands its Red Sea portfolio: Hospitality giant Hilton has signed its second property in Marsa Alam: Hilton Marsa…
Fed looks set for a smaller quarter-point hike next week
The Federal Reserve looks set to slow the tempo of its interest rate hikes for a second time at its…
CI Capital, Compass launch fund to invest in EGX-listed firms
CAPITAL MARKETS- CI Capital + Compass Capital plan EGP 2 bn equity fund: CI Capital and Compass Capital are launching…
Everyone’s an optimist all of a sudden
Planet Finance is feeling upbeat and we hardly know how to react. The financial press is continuing to ride a…
Best start ever for bonds as nearly USD 600 bn in issuances flood global market
Global bond-sale bonanza rings in the year with a record start: Governments and companies issued USD 586 bn worth of…
China’s comeback to see oil demand hit a record high in 2023 + European, EM equities gain popularity as Wall Street takes a kicking
China’s loosening of covid-19 restrictions is forecasted to boost oil demand to a record high this year of 101.7 mn…
Global sovereign wealth funds didn’t have a great 2022
Even sovereign wealth funds weren’t spared in the 2022 market sell-off: The value of sovereign wealth funds declined for the…
ECB follows the Fed to hint at slower rate rises + Gnarly 4Q results for Wall St majors
Slower rate hikes in Europe? Officials at the European Central Bank (ECB) are mulling a slower pace of rate hikes…
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