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Israel and the UAE sign landmark trade agreement
Israel + UAE ink trade agreement: Following months of negotiations, Israel and the UAE have inked a bilateral trade agreement…
The world hasn’t seen so many rate hikes in a three-month period this side of the millenium
Cheap money is history: Central banks around the world are raising interest rates at the fastest rate in more than…
US interest rates could be 100 bps higher by July
Two more 50-bps Fed rate hikes coming up? That’s what the newly-released minutes(pdf) from the Federal Reserve’s May meeting suggest.…
Egypt’s food + fiscal insecurity is getting attention in the foreign press
The global economic crisis and its impact on Egypt is in focus in the foreign press this morning: Egypt’s balance…
More IPOs are being lined up in the Gulf + a Cypriot gas field you should really care about
The IPOs in the Gulf just won’t stop: Abu Dhabi-based petrochemicals firm Borouge is set to raise some USD 2…
African Development Bank to lend USD 1.5 bn to African farmers to stem food crisis
The African Development Bank has approved a USD 1.5 bn facility to help African countries avert a “looming food crisis,”…
CBE goes for 200-bps rate hike to tamp-down inflation
The Central Bank of Egypt (CBE) raised interest rates for the second time since March as it looks to rein-in…
THIS EVENING: We’re waiting on the CBE’s decision on rates + Environment Ministry to go in depth on Egypt’s National Climate Strategy for 2050
Good afternoon, wonderful people, and welcome (finally) to THURSDAY. It’s a moderately calm end to the week, but we anticipate…
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