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There’s little chance of an Egypt default, according to Bloomberg analysis
Egypt isn’t at high risk of sovereign default, according to Bloomberg: The likelihood of Egypt defaulting on its public debt…
Africa’s first voluntary carbon market will launch in mid-2023
The EGX will launch Africa’s first voluntary carbon market in mid-2023, EGX boss Ramy El Dokany said during a presser…
Crypto lenders halt withdrawals as FTX collapse shakes industry + Anghami cuts 22% of staff
FTX collapse carnage continues: Crypto lender Genesis and the bn’aire Winklevoss’ Gemini Trading have both halted withdrawals, BlockFi will file…
Empower climbs 2.3% on trading debut + Wow, is FTX a mess…
Empower rises on Dubai debut: Shares of Dubai’s district cooling provider, Empower, rose 2.3% on their debut on the Dubai…
The Gulf IPO boom is showing no signs of slowing
The Abu Dhabi stock exchange has three more IPOs in the pipeline this year and another 11 lined up for…
FTX + SBF could face criminal probes following collapse
The fallout from the collapse of FTX continues to dominate the news flow in the business press: Once the world’s…
PIF sells 10% of Tadawul
PIF sells 10% in Tadawul Group through accelerated bookbuild: Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), successfully…
USD 100 oil a threat to global economy, says IEA head
Three-figure oil = bad news for the global economy, says IEA chief: Oil prices moving back towards USD 100 a…
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