The Importance of Hiring a Mortgage Broker for the Best Loan Conditions

The Importance of Hiring a Mortgage Broker for the Best Loan Conditions

Surely the mortgage is the largest loan in a person’s life. And as such it is a complex, complicated decision and process that requires a lot of attention and a lot of comparison to achieve the best possible conditions, both in years and in installments. The bonuses, the interest rate, whether it is more fixed, … Read more

The Dangerous Consequences of Raising the Discount Rate: Excess Profits for Banks and the Negative Impact on Lending Rates

The Dangerous Consequences of Raising the Discount Rate: Excess Profits for Banks and the Negative Impact on Lending Rates

From the beginning of raising the discount rate to 25%, I was sure that this was a dangerous and senseless step. The transformation tool in our imperfect financial system does not work: after the increase in discount rates, banks did not increase their deposit rates. They did not believe that such nonsense could drag on … Read more

The Struggles and Challenges of Spotify’s $1 Billion Investment in the Podcast Industry

The Struggles and Challenges of Spotify’s  Billion Investment in the Podcast Industry

The podcast industry is attracting the world’s attention and not precisely because of the success they are having, but quite the opposite. One of the leading platforms in the streaming industry, Spotify is involved in a problem due to the investment of US$1 billion to boost this industry and that it has not produced the … Read more

Rise in Egyptian Stock Exchange Sectors: Transportation and Real Estate Lead

Rise in Egyptian Stock Exchange Sectors: Transportation and Real Estate Lead

Hani Al-Houti wrote Monday, September 04, 2023 07:19 PM Indicators have increased Sectors of the Egyptian Stock ExchangeDuring the trading session today, Monday, led by transportation and freight services by 2.4%, followed by the real estate sector by 2.2%, followed by the contracting and engineering construction sector by 1.5%, and the basic resources sector rose … Read more

Chinese Banks Fill Gap Left by Western Banks in Russia Amidst Ukraine Conflict

Chinese Banks Fill Gap Left by Western Banks in Russia Amidst Ukraine Conflict

Status: 09/04/2023 11:19 am After the Russian attack on Ukraine, numerous western banks left Russia. Financial institutions from China have filled this gap: They have quadrupled their commitment. While Western financial institutions withdrew from Russia because of the attack on Ukraine, Chinese banks have made significantly more money available to the country. According to calculations … Read more