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Canal Sugar Company gets EGP 12.5 bn syndicated loan for sugar beet factory
Canal Sugar Company has secured loans worth EGP 12.5 bn from a consortium of 10 banks led by the National…
THIS MORNING: It’s interest rate week; UAE President and Abu Dhabi ruler Sheikh Khalifa bin Zayed Al Nahyan dies, 73; Global stocks on worst run since ‘08
Good morning, friends, and welcome to what is shaping up to be an exceptionally busy week. But first: UAE President…
Remittances from Egyptians abroad to grow 8% in 2022, says World Bank
It’s not all dim on the macro front: Remittances from Egyptian expats are expected to grow at a faster pace…
Another step towards sustainable bonds
Cabinet backs sustainable development agenda: Ministers have approved a plan by the Finance Ministry to broaden its green financing framework…
THIS MORNING: Samih Sawiris steps down as ODE chairman; Shoukry to co-chair climate meeting in Copenhagen; US inflation data spooks markets
It’s another heavy news day, wonderful people, with tons of investment news here at home and no sign that the…
How an excel sheet, becomes a budget, then becomes the law of the land
Enterprise Explains: the state budget process: It’s that time of the year when the government looks to get its budget…
Emerging-market currencies see biggest losses since 2020
EM currencies see biggest losses since 2020: Emerging-market currencies are suffering as investors pull out of risk assets in response…
Rising inflation in Egypt is getting attention in the foreign press
Yesterday’s inflation figures are leading the conversation in the foreign press this morning. Reuters, Bloomberg and the Associated Press all…
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