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Arm to close IPO order book early on huge investor demand
The institutional offering was reportedly 10x oversubscribed as of yesterday
China is becoming the world’s second ‘lender of last resort’
China provided USD 104 bn in bailout loans between 2019 and 2021
THIS EVENING: The FRA is reviewing fair value assessments for Damietta + Port Said ports
Happy hump day, friends. We were relishing in a Ramadan news slowdown, but that appears to have given way to…
Vodacom wants to launch its superapp with Alibaba in Egypt
Vodacom is already making plans for Egypt: Vodafone’s South African subsidiary plans to launch financial services products in Egypt through…
What’s Jumia up to in Egypt?
What’s Jumia up to in Egypt? Pan-African e-commerce giant Jumia had a good 2020. The company saw 3Q2020 operating losses…
What the markets are doing on 18 April 2021
US banks’ earnings season is still going strong: Bank of America reported stronger-than-expected earnings in 1Q2021, with its net income…
What the markets are doing on 14 April 2021
The biggest SPAC acquisition ever is coming out of Singapore as ride-hailing and food delivery platform Grab is going public…
What the markets are doing on 13 April 2021
GLOBAL M&A WATCH- Microsoft bets big on health tech: Microsoft Corporation will acquire AI speech tech company Nuance Communications for…
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