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“Wash trading” is the latest trend to take hold in NFTs + Covid-19 was a boon for CEO pay
People are buying their own NFTs to earn more rewards, not drive up NFT prices: The gray areas in crypto…
A strong start to the year for sukuk + investors sentiment tanks on high-growth firms
Surging oil prices gave sukuk transactions their best ever start to a year in 2022, Bloomberg reports. Sales of new…
THIS MORNING: Ramadan Kareem on this extremely busy news day
Good morning, wonderful people, and welcome to the first workday of Ramadan. We hope the day treats you well. We…
Cabinet is working on a roadmap for reducing the state’s involvement in the economy
The government has an outline of its long-term strategy to encourage private sector involvement in the economy: The Madbouly Cabinet…
Arabia Investments wins appeal in years-long lawsuit against Peugeot
A Cairo court has upheld Arabia Investments Holding’s appeal in its years-long EUR 150 mn lawsuit against Peugeot, filed in…
House approves early bonuses, raises for state employees and pensioners
The House of Representatives has approved a law that expedites public sector wage hikes and pension increases, an urgent measure…
Zero covid over? Shanghai is in lockdown and Joe Biden is pushing a new minimum tax on centi-millionaires
Zero-covid over as China forced into another mega-lockdown: Shanghai has gone into a city-wide lockdown as China’s financial hub struggles…
THIS MORNING: Covid restrictions eased ahead of Ramadan + Shoukry at landmark MidEast summit in Israel
We seem to have traded the fire hose of news for a sprinkler today — and that’s just fine with…
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