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Annual urban inflation eases for second consecutive month in May
🌤️ Good afternoon, folks, and happy (almost) weekend. The news cycle is picking up, and we’ve got the latest for…
Blnk raises USD 37.1 mn to scale its consumer finance operations
The local fintech reached profitability last year and will use the fresh capital to grow its loan portfolio and launch…
Government mulls handing SFE control over entire state-owned portfolios
Good morning, ladies and gents. Today’s issue is all about growing and expanding. The players in our news well are…
Trial operations kick off at AD Ports’ Safaga 2 terminal
Plus: Nissan rolls out first locally assembled Magnite from its Sixth of October plant
Coca-Cola HBC plans USD 1.3 bn investment in Egypt through 2030
Plus: A USD 500 mn-equivalent Samurai bond issuance is in “the final steps”
Gov’t lowers medium-term economic growth target to 6.8%
Ongoing regional conflicts and global economic shocks have forced the government to revise its medium-term economic targets down to 6.8%
TMG deepens Saudi ties with new PIF real estate agreement
Good morning, folks. If today’s news was your morning commute, it would be stuck in bumper-to-bumper traffic. Between delayed IPOs,…
Government set to eliminate VAT exemption for natural gas for the first time
Good morning, folks, and welcome to the weekend. With summer (and Sahel) season just about to kick off, we bring…
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