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Rate hikes fuel profit surge among big US banks
PLUS: Oil market shows signs of tightening as Brent price passes USD 80
BNP Paribas, Citi analysts think an imminent EGP deval looks increasingly unlikely
Policymakers could wait for FX inflows before any further devaluation
Citi appoints new head of North Africa, Levant and Central Asia
Hafeez’s appointment comes following a restructure of the bank’s Middle East and Africa operations
EFG Hermes, e-Finance among 10 companies recognized in 2022 EGX Excellence Awards
The EGX named EFG Hermes best financial securities trader
FinMin launches framework on sustainable sovereign bonds
The Finance Ministry has officially launched its new framework for issuing sustainable sovereign debt, according to a ministry statement (pdf).…
Wall Street banks ride out earnings season on trading revenue amid volatility
Wall Street banks ride market volatility to post better-than-expected 1Q earnings: Bank of America was the latest US lender to…
Sovereign bond sales are on the up — and Egypt could be the biggest issuer in the region in 2022
Global sovereign bond sales will hit USD 10.4 tn this year, almost a third above the pre-covid average, S&P Global…
No progress in peace talks + US issues warning to China
Peace talks between Russia and Ukraine made little headway yesterday as Russian forces continued to shell targets in Kyiv and…
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