? EARS TO THE GROUND- If you’re a fan of delving into deep, thought-provoking discussions, then Micro-Digressions: A Philosophy Podcast is a must-listen. Hosted by Spencer Case, this podcast takes listeners on philosophical excursions into a wide array of interesting and often controversial topics. From death to guns, political beliefs, and religion, Micro-Digressions fearlessly tackles […]
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What the markets are doing on 25 June 2024
The EGX30 rose 1.3% at today’s close on turnover of EGP 3.5 bn (21.4% below the 90-day average). Regional investors were net sellers. The index is up 9.5% YTD. In the green: GB Corp (+15.8%), Ezz Steel (+6.3%), and Orascom Construction (+5.6%). In the red: Egypt Kuwait Holding-USD (-2.9%), Juhayna (-1.1%), and Sidi Kerir Petrochemicals […]
Meet our Founder of the Week: Founder and Managing Partner of Foda and Associates
Foda & Associates is a boutique full-service law firm
JUNE 25 June (Tuesday): English Book Club discussion at Bibliothek. 26 June (Wednesday): Ali El Haggar concert at ElSawy Culturewheel. 27 June (Thursday): Cyberx Egypt Summit & Awards 2024 at Grand Nile Tower. 27-29 June (Thursday-Saturday): Fabrica's I Love You, You're Perfect, Now Change musical at Rawabet Art Space. 28 June (Friday): Mohamed Hamaki’s concert […]
CIB halves FX markup fees to 5% and eases card limits abroad
Good morning, folks. As many of you may know all too well, the government extended planned rolling blackouts for an additional hour at the beginning of the week, leaving many of us in the dark and some areas were reportedly without power for up to five hours and more yesterday. The electricity and oil ministries […]
Celebrate World Ocean Month with Somabay: Throughout this month, join us for a series of ocean awareness activities designed to engage our community in the importance of protecting our oceans and reefs. Participate in an intro to freediving, tridacna planting, community workshops, guided snorkeling tours, Kompass educational programs and workshops, ocean clean-up dives, beach cinema […]
World Bank greenlights USD 700 mn in development financing
The funding comes as part of a larger USD 6 bn financing package from the bank
FX inflows and exchange rate stability boost banking sector forecasts, says Fitch Solutions
Egypt has signed around USD 57 bn worth of financing in 2024