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Record rate hike in the eurozone
ECB makes largest-ever rate hike: The European Central Bank raised interest rates by a historic 75 basis points — and…
Inflation hits highest level since November 2018
Inflation accelerated in August to reach a near-four-year high on the back of higher food and beverage prices, according to…
Oil prices hit lowest levels since January + Markets increasingly expect another 75-bps Fed rate hike this month
Investors are increasingly pricing in another huge rate-hike in the US this month: The futures markets is currently giving a…
Central banks across the world will continue hiking interest rates this week
The global economy holds its breath for another batch of aggressive rate hikes: Major central banks are gearing up for…
THIS MORNING: Abdalla's first week as CBE governor + Egypt's second regional climate roundtable takes place today
Good morning, friends, and happy FRIDAY to you all. The banking sector and our ongoing FX crunch are the big…
The US IPO market heads towards one of its worst years ever + EFG gets UAE IPO mandate
2021 was a record year for IPOs in the US. 2022 could turn out to be the worst: The US…
IMF talks in “final stages,” says Madbouly
Egypt and the IMF are in the “final stages” of talks for a fresh facility to help shore up the…
CBE holds rates steady following Amer resignation
The Central Bank of Egypt (CBE) left interest rates on hold on Thursday, hours after Hassan Abdalla was appointed governor…
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