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The developing world takes center stage on COP27 Finance Day
The theme for Finance Day at COP27 was clear: The world needs to scale up climate financing to developing countries…
EGX announces Africa carbon market
The EGX yesterday announced it would set up Africa’s first voluntary carbon market on the sidelines of COP27. The market…
Feuding crypto bros tank BTC
Crypto is crashing this morning as a schism at the top of the industry raises fears of further volatility in…
The UAE’s Chimera Capital enters private credit market
Chimera Capital enters the private credit space: Our friends at Chimera Capital have launched a USD 2 bn global private…
Berkshire turns in mixed results + global food prices hold steady
Another mixed set of results for Berkshire Hathaway: The Warren Buffett-led conglomerate posted a USD 2.7 bn loss in 3Q…
EGX sets up company to manage carbon credit exchange
EGX teams up with Agricultural Bank, Enara Group to form carbon credit company: An Egyptian Exchange (EGX) subsidiary has signed…
Empower expands IPO on high demand (again)
Emirates Central Cooling Systems (Empower) has for the second time bumped up the number of shares on offer in its…
Fed delivers 75-bps rate hike, Powell warns “we still have some ways to go” in hawkish presser
US interest rates are now at their highest level since the beginning of 2008: As expected yesterday, the Federal Reserve…
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