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High food prices could be the new normal
MBS eyes Credit Suisse: Credit Suisse’s new investment bank has garnered interest from Saudi Arabia’s Crown Prince Mohamed bin Salman,…
Empower expands IPO on high demand (again)
Emirates Central Cooling Systems (Empower) has for the second time bumped up the number of shares on offer in its…
More on Fed week + EFG Hermes lands bookrunner job on Riyadh Cables
The Fed will likely go for another aggressive hike this week — but what if consumer spending proves too resilient?…
Musk takes over at Twitter + US earnings face USD 10 bn hole in 3Q thanks to stronger greenback
Musk is now officially chief twit: Elon Musk has closed his USD 44 bn acquisition of Twitter after a six-month…
Bloomberg’s US recession-o-meter hits 100% certainty
Bloomberg is the latest to predict a US recession, saying yesterday that it is "effectively certain" the economy will enter…
Recession has no victors — except Amreeka
The US could emerge strongest out of market turmoil hitting major world economies,Bloomberg suggests, citing the latest MLIV Pulse survey.…
Everyone’s talking about the EGP
EGP WATCH- Credit Suisse + Arqaam are the latest to comment on the fate of the EGP: FX flexibility is…
Things aren’t getting any better for Meta
Facebook just killed the tech earnings optimism: Facebook parent Meta saw its first-ever quarterly decline in revenues in 2Q 2022…
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