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Aramco is close to eclipsing Apple as the world’s most valuable company
Saudi oil giant Aramco is close to taking Apple’s crown as the world’s most valuable company, Bloomberg reports. Aramco briefly…
CI Capital appoints new CEO of brokerage arm + Abu Qir Fertilizers appoints Alpha Oryx reps to BoD
CI Capital has named Chahir Hosni (LinkedIn) the CEO and managing director of its brokerage business, it said in a…
THIS MORNING: Worst day for global stocks since June 2020; It’s inflation day here in Egypt
Good morning, friends, and happy hump day. We have a really packed issue for you today, so let’s jump right…
Emerging-market investors are in “sell everything” mode
Emerging-market investors are in “sell everything” mode: Not even value stocks are safe in emerging markets right now as investors…
Emerging-market investors expect IMF to back risky debt + global food prices eased (slightly) in April
Expectations of IMF support are driving gains in some of the riskiest EM debt markets: Emerging-market debt has been battered…
CI Capital dethrones EFG Hermes to top the EGX brokerage league table
CI Capital topped the EGX’s brokerage league table in April, with a market share of 43.9%, according to figures from…
EM debt is under pressure — but after headwinds subside, Latin America could be in for a windfall
US real yields turning positive to raise pressure on EMs: The inflation-adjusted 10-year yield on US treasuries turned briefly positive…
Charges brought against the man behind the invisible whale
Archegos founder, CFO arrested on 11 criminal counts, including security fraud: Archegos Capital Management founder Bill Hwang and CFO Patrick…
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