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THIS MORNING: Of climate finance + commodities + It’s getting hot
Good morning, wonderful people. It’s all about commodities and climate as we start the first full workweek of June. THE…
More trouble ahead for importers as customs exchange rate rises
Leading the airwaves yesterday: The Customs Authority’s decision to hike the USD customs exchange rate to EGP 18.65 this month…
We just bought a lot of wheat
State grain buyer GASC has purchased 465k tons of wheat for shipment in July and August in a fresh international…
Israel and the UAE sign landmark trade agreement
Israel + UAE ink trade agreement: Following months of negotiations, Israel and the UAE have inked a bilateral trade agreement…
Vital wheat supplies from Europe could be heading our way this month
We could be finally getting our hands on some Ukrainian wheat: A shipment of Ukrainian wheat will soon make its…
MPs think the tax revenue targets in the budget are a bit optimistic
After flagging FY 2022-2023 budget allocations for subsidy + social safety net spending, MPs are zeroing in on tax receipts:…
Swvl slashes headcount as startups around the world gird for nuclear winter
Swvl cuts headcount by a third: Nasdaq-listed mass transport startup Swvl is laying off 32% of its staff in a…
Bye-bye, 18% certificates of deposit…
NBE, Banque Misr suspend sales of 18% CDs: State-owned National Bank of Egypt (NBE) and Banque Misr will no longer…
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