Prices climbed 2.8% m-o-m, a sharp acceleration from the 1.2% seen in January
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Egypt seeks new investors for Berenice and Nuweiba ports
On land, the ministry is also rolling out a string of integrated logistics zone projects to investors
Cabinet activates preemptive economic shield amid global energy shock
The government is slashing the state budget and ramping up the social safety net as global prices skyrocket to USD 93 / bbl
Abu Dhabi’s ADQ moves closer to consolidating Egypt port stakes
Plus: Mopco sees net income drop 25% y-o-y in 2025 despite sales surge
IMF warns Middle East conflict could add 40 bps to global inflation, and some central banks are likely to pause monetary easing
This will happen if the current regional conflict drives oil prices up by 10% and holds them there for most of the year
2026 MARCH 21 March: (Saturday): Eid El Fitr starts (TBC). 30 March - 1 April (Monday-Wednesday): Egypt International Energy Conference and Exhibition (EGYPES). APRIL 2 April (Thursday): Monetary Policy Committee’s second meeting of 2026. 12 April (Sunday): Coptic Easter. 25 April (Saturday): Sinai Liberation Day. MAY 1 May (Friday): Labor Day. 21 May (Thursday): Monetary […]
Oil Ministry plans to clear USD 500 mn in arrears by May
Good afternoon, ladies and gentlemen, and happy almost-weekend. The news cycle isn’t showing any signs of slowing down, and we’ve got the latest below. In today’s issue, we discuss how you can take a career breather, unearth a forgotten classic that asks: “what if men didn’t exist?” and more. 🌙 So, when do we eat? […]