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Weaker USD drives gold prices to six-month highs
Gold prices cross six-month highs as investors bet on the end of the Fed’s tightening cycle
US gives Gulf wealth funds the side-eye over China dealings
US cracks down on Beijing influence via Middle East deals: Gulf sovereign wealth funds undertaking acquisitions in the US are…
China joins Arab, Islamic world in call for immediate Gaza ceasefire
Chinese foreign minister calls on Israel to end collective punishment of Gaza and rejects forced displacement of Palestinians
Hilton and Amazon Developments to build hotel in new capital tower. PLUS news from IFC, Jan De Nul, EgyptAir
The 120-room hotel with four restaurants and a swimming pool is expected to open in 2026
MENA bond issuances tripled in value y-o-y in the first nine months of 2023
Market data logged USD 61.1 bn in the first nine months of 2023
CBE gets c. USD 1 bn from Chinese Development Bank
The loan will help finance projects agreed upon in the Belt and Road Forum
Eni says it will soon resume LNG exports from Egypt. Plus: Another China Energy project in the works.
Declining production and heightened demand caused the value of Egypt’s LNG exports to fall almost 60% y-o-y during the first…
Country Garden USD bond default marks milepost in China’s real estate crisis
It’s bad news for China’s property market, which accounts for 20% of GDP
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