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Bailing out the world
The IMF has never been this busy: IMF lending to struggling economies has climbed to a record high, with total…
Everyone wants a piece of Salik
Salik IPO more than 49x oversubscribed: Dubai’s toll gate operator pulled in over USD 50 bn of orders during the…
It could take another month or two to finalize IMF support -Maait
Talks for an IMF facility could wrap in another month or two, Finance Minister Mohamed Maait told Bloomberg (watch, runtime:…
Lots of Mideast M&A
There is plenty of M&A news out of the region this morning: Emirati firm International Holdings Co. is offering to…
THIS MORNING: Central Bank of Egypt to decide on interest rates today + Fed raises rates by 75 bps for third successive meeting
The question on everyone’s lips this morning: Will the Central Bank of Egypt go through with its third rate hike…
What the USD’s rally means for the global economy + emerging markets
The USD has been on a tear this year. That strength is problematic for emerging markets and the global economy…
Aramco wants more fossil fuel investment
The ‘SPAC King’ has lost his crown: Chamath Palihapitiya, one of the key figures who fueled the 2020 SPAC mania,…
THIS MORNING: Egypt to launch intellectual property strategy today + It’s Fed Day.
Good morning, ladies and gents. Today’s issue brings a double helping of good news for importers, promising news for Egypt’s…
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