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Brexit markets give UK solar industry a moment in the sun

  Bloomberg Brexit has brightened the outlook for UK solar funds, with higher power prices lifting earnings for the industry and burnishing its attraction for investors seeking to insulate themselves from political upheaval. Trading volumes at three London-listed UK solar funds more than doubled in the six months after June’s referendum calling on Britain to exit the European Union, compared ...

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Egypt remittances, foreign inflows jump after float

  Bloomberg Remittances from Egyptians working abroad are surging and foreigners bought more than $250 million in local assets during the beginning of the week, further signs of growing confidence in the nation’s economy after it floated the currency and secured a $12 billion IMF loan. Expatriate workers sent home $4.6 billion in the fourth quarter of 2016, up 12 ...

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‘Pressure on Qatar state finances easing but austerity needed’

  Reuters Pressure on Qatar’s state finances is easing because of higher oil prices and the government may not need to issue an international bond this year, but it is still seeking ways to save money, finance minister Ali Sherif al-Emadi said. “We may not issue a bond this year given where oil prices are – right now we are ...

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