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Telecom operators referred to public prosecutor amid SIM card fraud
Good morning, friends. Today’s issue is about the gap between what looks good on paper and what actually happens on…
Annual urban inflation speeds up to 14.9% in July
Good afternoon, ladies and gents, and welcome back. If you’ve ever spent months applying for a Schengen visa only to…
Emirates NBD takes HSBC’s retail book + Egypt’s seventh IMF review clears
☀️ Good morning, friends, and happy weekend. A small programming note to kick things off: Founder of the Month has…
Global consortium pitches USD 5 bn medical cities for New Capital and New Alamein
Good morning, everyone. We have three stories today about how the government is pushing assets — factories, properties, and natural…
Business confidence hits four-year high in July, even though PMI stays in contraction
Softer price pressures lifted expectations, but firms kept cutting output, jobs, and purchases as order books fell for the seventh…
Egypt’s first SPAC closed two acquisitions worth EGP 2.8 bn within months of listing — is the market moving too fast?
Egypt’s first SPAC closed two acquisitions worth EGP 2.8 bn within months of listing. A second has since joined the…
IMF board signs off on seventh review, clearing USD 1.8 bn disbursement
With USD 1.8 bn arriving tomorrow, the government has until December to clear the final review and unlock the program’s…
Household electricity tariffs hiked by an average of 12%
Good morning, everyone. We have a big macro story and a quieter industry read for you today that both, in…
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