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PMI outlook improves, but remains in contraction territory
Egypt’s non-oil business activity “inched closer to stabilisation” in December, contracting at its slowest pace in four months, according to…
THIS EVENING: PMI is still in contraction + EGX says Thursday is off. ALSO: House gives Unified Planning Act green light
Happy hump day, ladies and gentlemen. It’s a relatively calm afternoon on the local news front (thank you, shortened workweek),…
THIS MORNING: It’s PMI day; Unified Budget Act, fintech law up for final House votes today; OPEC+ meeting; Theranos’ Holmes found guilty of fraud.
Good morning, wonderful people, and welcome to the first Tuesday of what we expect will be a holiday-shortened week ahead…
THIS EVENING: It’s the last day to take our annual reader poll + seven international firms awarded licenses for eight oil and gas concessions
Good afternoon, ladies and gentlemen. And just like some of you, the news appears to be bridging the New Year…
Corplease closes EGP 2.4 bn securitized bond issuance
CI Capital’s leasing arm Corplease has closed a four-tranche EGP 2.4 bn securitized bond issuance, investment bank Misr Capital said…
Egypt to ride the recovery wave as world economy set to surpass USD 100 tn in 2022
Global GDP is set to surpass a record USD 100 tn in 2022, with growth expected to hit 4.2% this…
Expect a decision by March on how bread subsidies will be reworked -Moselhy
Subsidies were the topic of the night on the talkshows as Supply Minister Ali El Moselhy phoned into Ala Mas’ouleety…
S&P Global, IHS Markit sell off subsidiaries ahead of mega-merger
S&P Global and IHS Markit are selling off two subsidiaries worth a combined USD 2.2 bn ahead of their USD…
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