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Crypto lenders halt withdrawals as FTX collapse shakes industry + Anghami cuts 22% of staff
FTX collapse carnage continues: Crypto lender Genesis and the bn’aire Winklevoss’ Gemini Trading have both halted withdrawals, BlockFi will file…
Crackdown on rice hoarding + an uneven start to life for the government’s car import app
It was almost a COP-less night on the airwaves last night if you can believe it: The nation’s talking heads…
US equities are having a better time + Beauty product sales are on the up and up, even as inflation continues to bite
US stocks had their best day since 2020 on Thursday in the wake of weaker-than-expected inflation data that could allow…
Inflation hits four-year high in October
Inflation accelerates again in October: Urban inflation hit its highest level in four years in October on the back of…
THIS EVENING: Inflation picks up again in October + Al Mansour, GM are launching our first locally-produced EV
Good afternoon, friends, and a very happy THURSDAY to us all. It’s been quite a marathon of a week with…
THIS MORNING: It’s Science Day at COP27 + the crypto markets are tanking this morning
Good morning, friends, and welcome to the final workday of the week — at least for those of you who…
Fitch cuts outlook on Egypt to negative, affirms B+ rating
Fitch Ratings has cut its outlook on Egyptian debt from “stable” to “negative” due to “deterioration” in the country’s external…
Berkshire turns in mixed results + global food prices hold steady
Another mixed set of results for Berkshire Hathaway: The Warren Buffett-led conglomerate posted a USD 2.7 bn loss in 3Q…
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