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African Development Bank to lend USD 1.5 bn to African farmers to stem food crisis
The African Development Bank has approved a USD 1.5 bn facility to help African countries avert a “looming food crisis,”…
CBE goes for 200-bps rate hike to tamp-down inflation
The Central Bank of Egypt (CBE) raised interest rates for the second time since March as it looks to rein-in…
THIS MORNING: Monkeypox and a bear market; Davos starts today
Good morning, friends, and welcome to an absolutely packed Sunday issue. There are a number of new worries on our…
World Bank to spend another USD 12 bn to combat “devastating” food crisis
The World Bank will deploy an extra USD 12 bn to combat the “devastating effects” of rising food insecurity around…
valU, Majid Al Futtaim launch consumer finance product
valU, MAF partner on consumer finance: EFG Hermes’ buy-now-pay-later platform valU is partnering with Majid Al Futtaim (MAF) to introduce…
THIS MORNING: It’s interest rate day; US stocks have worst day since June 2020
Well, friends, we’ve made it through another workweek together. One long, hard push and the end of the workday will…
Aramco could deliver one of the world’s biggest IPOs this year
Saudi Aramco is considering an IPO of its trading unit in a transaction that could be worth more than USD…
Global growth prospects appear to be weakening
Global growth prospects appear to be weakening after the EU cut its GDP forecast and data out of China pointed…
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