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THIS EVENING: It’s all about Davos out there
Good afternoon, friends — we’ve just made it halfway through what has felt like the longest week on record. Maybe…
State grain buyer GASC is getting into corn with first int’l tender
COMMODITIES- State grain buyer GASC is set to launch its first-ever corn tender on 19 January to purchase supplies from…
EU sanctions to redraw global diesel markets + US still headed for recession despite slower inflation -WSJ poll
New European sanctions are about to hit Russian oil products — but expect major re-routing rather than major re-pricing on…
Striking gas + price hikes coming for meds?
The talking heads honed in on Chevron and Eni’s “significant” EastMed gas find last night (more on that in today’s…
Why slowing inflation in the US of A may be good news for EM debt — and for Egypt
US consumer prices fall for the first time since May 2020: US inflation slowed to its lowest level in a…
Archaeologists unearth ancient tomb in Luxor
A new ancient discovery in Luxor: An Egyptian-British archaeological mission discovered a royal tomb in Luxor dating to the 18th…
Foreign investors are starting to come back into the market after Wednesday’s devaluation
The Central Bank of Egypt’s move towards a more flexible EGP seems to be paying off, helping draw in much-needed…
UK-based Softline Group acquires majority stake in cloud computing company Digitech
M&A- UK-based software firm Softline Group LTD has acquired a 51% stake in cloud computing company Digitech for EGP 262 mn,…
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