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Surprising no one, US stocks close 3Q in the red + A sparkling debut for Salik
US stocks closed in the red for the day, the week, the month and the quarter by the end of…
THIS MORNING: The EGP is a few pips away from hitting a record low; OECD slashes global growth forecasts + the UAE just eased covid restrictions
Good morning, wonderful people, and happy hump day to you all. Global markets are feeling a bit choppy this morning,…
Lots of Mideast M&A
There is plenty of M&A news out of the region this morning: Emirati firm International Holdings Co. is offering to…
The US tech IPO market hasn’t been doing this badly since the 1990s
The US tech IPO market hasn’t been doing this badly since the 1990s: The 2022 market sell-off is proving worse…
Kenya has a new president
Kenya finally gets a new president: Kenya’s former deputy president William Ruto was sworn into office yesterday following last month’s…
THIS EVENING: FinMin lays out criteria for amended customs tariffs + Germany rolls out EUR 65 bn inflation relief package
Good afternoon, wonderful people. It’s a slow-ish start to this first work week of September, but we anticipate the news…
Deutsche Bahn, Elsewedy to operate high-speed rail
Deutsche Bahn, Elsewedy Electric sign to manage and operate high-speed rail: The National Authority for Tunnels (NAT) yesterday inked a…
Gazprom doesn’t look like it’s about to increase gas flows to Germany
Germany accuses Russia of stalling the return of normal gas flows to the country: The malfunctioning turbine that Russia has…
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