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Traders rush into long oil positions after OPEC+ cut
Net-long wagers on Brent crude see near-record increase
US equities are still holding up + Porsche looks set to IPO this fall
US equities are the best of a bad bunch amid global turmoil: Investors are still piling into US stocks despite…
OPEC+ unexpectedly cuts oil supply
And Europe learned the meaning of the word A_a… OPEC+ will cut supply in October in a surprise move meant…
IDH pushes into Pakistan with landmark acquisition
Consumer healthcare giant Integrated Diagnostics Holdings (IDH) will acquire a major stake in one of Pakistan’s largest diagnostics providers, marking…
FinMin tasks Ernst & Young to prepare electronic billing and taxation platform
The Finance Ministry tasked Ernst & Young with building its new electronic billing and tax payment platform — the mechanism…
Ernst & Young values Americana Egypt’s shares at EGP 5 apiece
M&A WATCH- Ernst & Young values Americana Egypt’s shares at EGP 5 apiece: Ernst & Young has valued the Egyptian…
Senior execs in MENA are optimistic about Egypt even as they brace for a sharp global slowdown
Senior execs in MENA are optimistic about Egypt even as they brace for a sharp global slowdown: Senior executives from…
FinMin expecting EGP 974 bn in tax revenues for draft FY2020-2021 budget
BUDGET WATCH- The Finance Ministry is aiming to collect EGP 974 bn in tax revenue in the coming fiscal year,…
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