• Monday, 20 June 2022

    The global financial mood has well and truly turned

    Time to batten down the hatches: The business press is warning of coming storms on all fronts. Investors should prepare for potentially extreme movements in the markets as central banks end years of easy monetary policy to curb inflation, writes...
  • Monday, 13 June 2022

    El Erian points fingers at Fed for US inflation as recession clouds build

    The Fed missed the boat on inflation, says El Erian: Allianz Chief Economist Mohamed El Erian told CBS’s “Face The Nation” that 40-year high inflation in the US could have been avoided had the Federal Reserve acted earlier. The Fed...
  • Wednesday, 8 June 2022

    No year for IPOs + The tough times are far from over for EM assets

    The value of global IPOs has plummeted so far in 2022, falling 71% y-o-y in the first five months of the year as rising interest rates, soaring inflation and geopolitical uncertainty fuel volatility in the financial markets, the Financial Times...
  • Wednesday, 8 June 2022

    Qatari companies are looking to pour investments into Egypt

    Qatari companies have an appetite for Egyptian investments: A number of Qatari companies have expressed interest in investing in Egypt during meetings with GAFI head Mohamed Abdel Wahab, who is on a multi-day visit to Doha to pitch Egypt as...
  • Monday, 6 June 2022

    GAFI head talks upping investment with Qatari businessmen

    Qatari investment headed our way? GAFI head Mohamed Abdel Wahab met with members of the Qatari Business Association (QBA) in Doha to discuss potential investment in our petrochemicals, financial services, logistics, real estate, tourism, tech, energy, food, and agriculture sectors...
  • Monday, 30 May 2022

    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 two decades, according to analysis by the Financial Times. Monetary policymakers have hiked rates more than 60 times since March,...
  • Thursday, 26 May 2022

    Qatari dairy outfit Baladna ups its stake in Juhayna

    Baladna buys more JUFO shares: Qatari dairy firm Baladna raised its stake in EGX-listed dairy company Juhayna to 10.14% from 9.99% in a EGP 12.4 mn transaction, according to a disclosure (pdf) to the EGX yesterday. The firm bought a...
  • Monday, 18 April 2022

    Egyptian research centers are showing strength in regional rankings

    Egyptian research centers are showing strength in regional rankings: Nine Egyptian research institutes are among the 20 best scoring institutions in the region, according to Spanish research organization SCImago’s MENA region Research Center Rankings. A total of 89 Egyptian research...
  • Sunday, 10 April 2022

    Reserves dip to USD 37 bn as CBE deployed excess liquidity to “calm the markets” –statement

    Egypt’s foreign reserves declined last month for the first time since the early days of the covid pandemic as the conflict in Ukraine rattled the global economy, the central bank said (pdf) last week. Reserves came in at nearly USD...

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