Mobile banking solutions and payments lifting the poorest out of poverty
News
The Gulf was plunged into crisis in early June after Qatar came under a wave of sanctions led by Saudi Arabia that has already led to heavy selling in Qatari assets, and market analysts are trying to decipher if this will be a long and drawn out event.
A global race is on between stock exchanges to host Saudi Aramco’s US$100bn initial public offering
The International Bank of Azerbaijan has laid out comprehensive restructuring plans for US$3.3bn of debt that includes a 20% haircut to principal on senior bonds, sparking an outcry among investors.
Nigeria made a barn-storming return to the US dollar bond market on February 9 when it defied expectations and shaky fundamentals to print below 8% yield on a book that almost hit US$8bn.
Investors appear willing to back Egypt’s long-term growth, after the IMF delivered a US$12bn endorsement
The emirate is looking to raise billions of dollars to build infrastructure ahead of the 2020 World Expo
Bank of Sharjah is marketing a new US dollar bond, and the issuer will likely have to field tricky questions on one of its major shareholders after Standard & Poor’s slashed the Emirate of Sharjah’s rating by two notches at the end of January.
After recovering from civil war, Côte d’Ivoire had been a bright spot amid growing gloom in Sub-Saharan Africa
