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THIS MORNING: Global markets tank ahead of Fed meeting; Covid curbs are back in the UAE
What a read we have in store for you today, ladies and gentlemen. We got it all: privatization, subsidies, a…
THIS EVENING: Egypt postpones phasing out of electricity subsidies + The world sees a massive crypto sell-off
What an interesting afternoon, ladies and gentlemen. We got everything from DJ bn’aire’s to Google covering up a sentient algorithm…
No year for IPOs + The tough times are far from over for EM assets
The value of global IPOs has plummeted so far in 2022, falling 71% y-o-y in the first five months of…
US interest rates could be 100 bps higher by July
Two more 50-bps Fed rate hikes coming up? That’s what the newly-released minutes(pdf) from the Federal Reserve’s May meeting suggest.…
THIS MORNING: Samih Sawiris steps down as ODE chairman; Shoukry to co-chair climate meeting in Copenhagen; US inflation data spooks markets
It’s another heavy news day, wonderful people, with tons of investment news here at home and no sign that the…
Andy Warhol’s Marilyn Monroe portrait sells for USD 195 mn + Would martians accept BTC?
Andy Warhol’s portrait of Marilyn Monroe broke auction records for American art after selling for USD 195 mn in an…
Banque Misr restructures holding of Banque du Caire + Coinbase snaps up Goldman’s first BTC-backed loan
Banque Misr now owns nearly 100% of BdC: Banque Misr has purchased 1.13 bn shares (around 42.9%) in Banque du…
Twitter’s board greenlights Musk’s takeover bid
Looks like Elon Musk is buying Twitter after all: The Twitter board has okayed the Tesla boss’ offer to fully…
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