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Fuel price hikes send ripple effects through goods and services
Good morning, all. We have some good news to kick off the issue after yesterday’s surprise fuel price hike —…
Inflation surges in Feb as fuel hikes, FX volatility pressure FY 2025/26 budget
Good afternoon, friends, and happy hump day. It’s another unsurprisingly busy afternoon in the press, and we’ve got the rundown…
Inflation surges in Feb as fuel hikes, FX volatility pressure FY 2025/26 budget
Good afternoon, friends, and happy hump day. It’s another unsurprisingly busy afternoon in the press, and we’ve got the rundown…
Karm Holding’s Venus lands fresh financing to power Cairo 3A’s off-grid energy push
Plus: Granite gets FRA green light for USD fixed income fund
Egypt to unveil fresh social support package as EGP dips further
Gov’t braces for further weakening with deep spending cuts and a boost to minimum wage
FinMin seeks new hedges to protect budget as EGP hits 53 per USD
Good afternoon, friends. It’s another restless day in the press — both at home and abroad — as the regional…
A more nuanced look into the impact of the Strait of Hormuz’s closure on the GCC
Hormuz typically accounts for around 25% of global seaborne oil trade and some 20% of global LNG trade
Government to funnel all Alam El Roum proceeds into treasury to bridge FX gap
Fitch currently estimates the country’s total debt obligations at around USD 18 bn
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