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Al Ezz Dekheila Steel greenlights share buyback, EGX delisting
The government is offloading its entire stake in Al Ezz Dekheila
PMI continues to contract at a softer pace in July
The PMI rose to 49.2 from 49.1 in June
CBE makes surprise 100-bps rate hike
Analysts had expected the central bank to keep rates on hold
CBE goes against expectation + Lots of macro updates
Good morning, friends, and happy FRIDAY. We hope the blackout gods spare you this weekend, so you can enjoy some…
Tracking Egyptian consumer behavior among rising inflationary pressures
The value of consumer spending is rising, but on the same volume of products — with less discretionary spending to…
THIS EVENING: PMI rises again in July, but remains in contraction territory
Good afternoon friends, and HAPPY THURSDAY. We’re finally at the tail-end of the week, although there remain a few loose…
Blackouts, interest rates and gold ownership get attention on the airwaves
Egyptians bought a record amount of gold in 2Q, according to the World Gold Council
Egyptian demand for gold hits record high in 2Q 2023
Egyptians have bought the same quantities of gold since the beginning of 2022 as they did in the preceding 11…
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