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Electricity rationing went into effect yesterday across Egypt. Here’s what we know so far.
Here’s how the gov’t hopes to ration the nation’s electricity: Cabinet has approved measures announced byPrime Minister Moustafa Madbouly last…
CBE to raise rates this Thursday to curb inflation
The Central Bank of Egypt (CBE) is likely to resume its tightening cycle and raise rates for the third time…
THIS MORNING: Negm rules out near-term EGP devaluation + Is Qatar’s wealth fund about to follow ADQ + PIF into the EGX?
Good morning, friends, and welcome to an exceptionally packed Sunday. We’re going to jump right in No imminent EGP devaluation:…
Electricity rationing + inflation dominate the airwaves
The government’s plan to cut back on public electricity consumption was still dominating the airwaves last night: Prime Minister Moustafa…
Inflation hits new three-year high in July
Inflation resumed its upward trend in July, reaching a fresh three-year high on the back of higher food and fuel…
The Saudis have arrived
The Saudi sovereign wealth fund acquired minority stakes in four EGX-listed companies for USD 1.3 bn yesterday, the Planning Ministry…
THIS MORNING: Gov’t to detail plans to ration electricity today + Fed likely won’t be swayed by one good inflation print
Good morning and Happy Thursday, ladies and gents. We have a packed, M&A-heavy issue for you to close out the…
Food security is becoming more challenging with soaring global inflation
World hunger worsened in 2021 and we’re falling way behind on our goal to eliminate it by the end of…
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