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YBG acquitted of corruption charges
A Cairo Criminal Court acquitted Mubarak-era finance minister Youssef Boutros Ghali of (frankly unjust) corruption charges in a retrial, according…
Corruption
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Egypt pulls plug on contracts for stranded Ukrainian wheat
GASC cancels contracts for stranded Ukrainian wheat: The General Authority for Supply Commodities (GASC) has pulled the plug on contracts…
Turkey accused of killing civilians in Iraq artillery strike
Iraq artillery strike blamed on Turkey: Iraq has accused Turkey of launching an artillery strike in a Kurdistani village that…
valU, Majid Al Futtaim launch consumer finance product
valU, MAF partner on consumer finance: EFG Hermes’ buy-now-pay-later platform valU is partnering with Majid Al Futtaim (MAF) to introduce…
Tunisia likely to default next year unless action is taken, says Morgan Stanley
Tunisia is careening towards a default if it doesn’t course-correct its finances, strategists at Morgan Stanley warned yesterday, according to…
Houthis attack Saudi energy facilities
Houthis launch drone attacks on Saudi energy infrastructure: Yemen’s Houthi rebels launched drone and missile strikes on Saudi Arabia that…
TONIGHT: EFG Hermes greenlights FAB due diligence + appoints Goldman to advise; Jordan PM covid positive following business talks in Cairo; Another day, another scandal at Credit Suisse.
We really can’t seem to a catch a break from the barrage of news that 2022 is throwing our way:…
The US isn’t keen on the Greece-Israel gas pipeline
Has the US just pulled support for the Greece-Israel EastMed pipeline? The Biden administration has expressed “reservations” about a planned…
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