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Planet Finance: Standard Chartered is pulling back from MEA, but still wants to enter Egypt
Standard Chartered plans major exit in MEA markets — but still wants to enter Egypt: Standard Chartered is completely shutting…
MARKETS
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IEA says global oil demand set to slump + JPMorgan kicks off a turbulent earnings season
IEA cuts forecast for global oil demand — again: The International Energy Agency (IEA) has revised downwards its oil demand…
Dubai becomes a top-five IPO destination as DEWA shares soar on debut
DEWA shares surge on debut: The Dubai Electricity and Water Authority’s (DEWA) shares jumped as much as 23% on their…
Earnings season will reveal who is most exposed to inflation
The coming earnings season — like so much these days — will be all about inflation, according to the Wall…
THIS MORNING: GASC launches its first tender in weeks + Forbes gives props to Egyptian healthcare players
Good morning, friends, and happy hump day. It’s a brisk day on the news front, but there’s no single theme…
Why stocks are rallying despite global turmoil + Binance gets the go-ahead in Abu Dhabi
Why are stocks proving resilient despite the Russian invasion of Ukraine and surging inflation? The Wall Street Journal tries to…
EKH to pay holders of EGP-denominated shares a USD dividend for the first time
THIS IS A FIRST- Shareholders of EGX-listed EK Holding will receive dividends in USD — regardless of whether they hold…
Food is more expensive than ever + EM funds brace for a tough year
Global food prices surged to a new all-time high in March as the Russia-Ukraine war battered already inflated commodities and…
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