Egyptian Pound Devaluation Bets Ease as Citi Sees No Short-Term Move
Traders are pushing back expectations for a devaluation in the Egyptian pound, with Citigroup Inc. predicting that the
2023-05-11 15:56
Europe, US Futures Rise; China Dips on Growth Fear: Markets Wrap
European and US stock futures rose as investors weighed fresh inflation data while Chinese equities were broadly lower
2023-05-11 14:52
Indians urged to report growing WhatsApp spam calls
Many users have been complaining about receiving calls from unknown international numbers.
2023-05-11 13:55
Abu Dhabi Family Plans Middle East’s Second SPAC Listing
An investment firm backed by Abu Dhabi’s Al Maskari family is planning to list a blank-check firm in
2023-05-11 13:28
Oil Edges Higher With Weaker Dollar and Supply Halts in Focus
Oil rose for the fourth time in five sessions as easing US inflation weakened the dollar and traders
2023-05-11 08:17
The Kerala Story: Why an Indian film on Islamic State is so controversial
The film has faced legal challenges and been banned by one state, but is performing well at the box office.
2023-05-11 06:22
MTN in Advanced Talks to Sell Some West African Assets
MTN Group Ltd. is in advanced talks with Axian Group Ltd. to sell some of its West African
2023-05-11 00:20
UAE’s Royal Group Shorts US Stocks on Global Recession Fears
An investment firm controlled by a top Abu Dhabi royal has built a short position worth billions of
2023-05-10 21:49
Citigroup to Hire JPMorgan Banker Al-Deweesh as Saudi CEO
Citigroup Inc. is set to hire one of JPMorgan Chase & Co.’s top bankers in Saudi Arabia as
2023-05-10 20:58
Premiums Commanded by Dirty Crude Are Surprising Oil Traders
Asian and European oil buyers are having to pay hefty prices for lower-quality, dirtier crudes as sanctions on
2023-05-10 19:57
Egypt’s Distressed Bonds Fall on Threat of Moody’s Downgrade
Egypt’s dollar bonds sank deeper into distress after Moody’s Investors Service placed the North African nation’s ratings on
2023-05-10 18:54
Egypt Cuts Subsidized Food Allocations to Battle Economic Crisis
Egypt is reducing the amount millions of people can claim under a subsidized food program, part of an
2023-05-10 18:23