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It’s official: Gov’t is on board with a flexible exchange rate
“We as a government do agree that a flexible exchange rate is definitely good for the economy,” Planning Minister Hala…
OPEC+ unexpectedly cuts oil supply
And Europe learned the meaning of the word A_a… OPEC+ will cut supply in October in a surprise move meant…
Central banks across the world will continue hiking interest rates this week
The global economy holds its breath for another batch of aggressive rate hikes: Major central banks are gearing up for…
THIS MORNING: New details on state privatization program this week + Green hydrogen regs are in the works
Good morning, friends, and welcome to the first full week of September. With just a month left in 3Q, the…
Ghazl El Mahalla’s micro-IPO misfires in extra time
Retail investors put in orders for just 18% of the shares made available to the public in Ghazl El Mahalla…
THIS EVENING: Ghazl El Mahalla IPO subscription closes on weak retail demand + Airstrikes near Ukrainian nuclear plant
Good afternoon, friends. We come to you with one of the slowest Sunday afternoons in recent history, although we expect…
Import restrictions + privatization were the topics du jour on the airwaves
It was an econ-finance heavy night on the airwaves yesterday: Rumors that the Central Bank of Egypt could be about…
Four global firms in the running to build Anchorage’s USD 2 bn petchem complex
Anchorage Investments has shortlisted four international firms to build its USD 2 bn petrochemical complex in the Suez Canal Economic…
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