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Record inflows into ETFs could be backstopping global stocks
ETFs see record inflows in 2021: Inflows into exchange-traded funds have accelerated at a record pace so far this year…
The Suez Canal could face competition from Russia in three years
Russia could be mainstreaming its Suez Canal-alternative shipping route in 2024. Russian energy firm Rosneft is looking to start shipping…
Made In Egypt Sinovac jabs + natgas minibuses the flavors of the night on the talk shows
Covid dominated the conversation on the nation’s airwaves last night as Health Minister Hala Zayed announced that the first batch…
Banque Misr can now open a branch in KSA
Other things we’re keeping an eye on this morning: The Saudi Central Bank (SAMA) has officially listed Banque Misr among…
More natgas microbuses are coming
Owners of microbuses that are 20+ years old will be able to apply for the first phase of the government’s…
The bidding war for the army’s Wataniya Petroleum is heating up
Saudi industrial oils giant Petromin is throwing its hat in the ring in what’s shaping up into a bidding war…
OPEC+ agree to raise supply in July
OPEC+ oil producers have agreed to continue relaxing curbs on oil production in July as a global economic recovery boosts…
THIS MORNING: PMI lands tomorrow + Feltman hits the road to try and solve GERD;
Good morning, nice people. It’s a brisk news morning, just enough to keep us all grooving after heavy newsflow yesterday…
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