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Moody’s is watching the reform program closely, while Citigroup is turning bearish on our USD bonds
Author Archives: enterpriseam admin
Posted inEconomy
Budget deficit unexpectedly narrows in FY 2022-2023 -FinMin
The budget deficit narrowed 0.1 percentage points y-o-y to 6.0%
Posted inEnergy
Gas output hits three-year low in 2Q 2023
Production fell 9% from the same quarter in 2022
Posted inCapital markets
EGX to launch Islamic index in 4Q 2023
EGX to reportedly launch a shariah-compliant index in collaboration with Standard & Poor’s in 4Q
Posted inEARNINGS WATCH
EFG Holding net income rises 20% y-o-y in 2Q 2023
The group’s investment banking, commercial banking and non-bank financial services arms all reported revenue growth
Posted inLAST NIGHT’S TALK SHOWS
Gold prices soared over the past week
The price of 24-carat gold has risen almost 8% in the past week alone
Posted inEGYPT IN THE NEWS
Egyptian researchers discover ancient mini whale in Wadi Al Hitan
The whale is thought to have lived 41 mn years ago
Posted inAlso on our Radar
GAFI is simplifying filing procedures. PLUS: News from SODIC, Compass Capital, Wizz Air
This is the latest move by the authority to streamline business regulations