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Posted inLAST NIGHT’S TALK SHOWS
Last Night’s Talk Shows: The war between Israel and Palestinian factions escalates; a fatal shooting in Alexandria; and Zahran is our second presidential candidate
La st night’s talk shows were dedicated to the ongoing war between Israel and Palestinian factions, as the conflict entered its second day. Lamees El Hadidi spoke with Mahmoud Al Habbash, the advisor to the Palestinian President Mahmoud Abbas, on Kelma Akhira, to discuss the situation on the ground and de-escalation efforts, (watch, runtime: 10:29). […]
Posted inEGYPT IN THE NEWS
Egyptian policeman shoots 2 Israeli tourists, one Egyptian in Alexandria
Dominating the global conversation on Egypt this morning: Yesterday’s shooting of two Israeli tourists and a local tour guide by an Egyptian policeman in Alexandria, a day after Hamas launched an unprecedented attack on Israel. We have the latest on the conflict in this morning’s news well, above. (Associated Press | Reuters | AFP | […]
Posted inAlso on our Radar
Ethmar Holdings could expand to Egypt. PLUS: Valu x Beymen.
INVESTMENT- EIH mulls expanding into Egypt + Saudi Arabia: Emirati holding company Ethmar International Holding (EIH) is considering expanding into Egypt and Saudi Arabia, the company’s managing director and group CEO, Ali El Gebely, told CNBC Arabia. He didn’t elaborate on which sectors the company is interested in, share an investment amount, or provide a […]
Posted inPLANET FINANCE
OPEC+ maintains oil supply curbs. Oil prices plunge anyway.
The oil market experienced its worst day of trading in over a year following the decision due concerns that slumping economic growth will hit demand
Posted inCALENDAR
OCTOBER 9 October (Monday): The Narrative PR Summit, Somabay Red Sea. 9-11 October (Monday-Wednesday): Arabs Savings and Financial Literacy Conference, Four Seasons Hotel. 9-15 October (Monday - Sunday): The World Bank and IMF annual meetings in Marrakech, Morocco. 10-12 October (Tuesday-Thursday) Ceramica Expo, Cairo International Convention Center. 12 October (Thursday): Egyptian-Italian Business Forum. 13 October- […]
Posted inWHAT WE’RE TRACKING TONIGHT
THIS EVENING: Local banks get CBE instructions to bar FX transactions on EGP debit cards
Good afternoon, ladies and gents. It’s by far a calmer day today than it was yesterday, although we’re running with many of the same themes. THE BIG STORY TODAY CBE instructed banks to start blocking use of EGP debit cards for FX transactions: Local banks have reportedly received verbal instructions from the Central Bank of […]