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“Marked” improvement in investor confidence in Egypt -EFG’s Awad
Investor confidence in Egypt is showing a “marked improvement,” EFG Hermes Group CEO Karim Awad said at EFG Hermes’ Egypt…
Gov’t finalizes USD 2 bn loan from int'l banking syndicate
The government’s USD 2 bn syndicated bank loan has been finalized and is awaiting approval in the House of Representatives,…
THIS MORNING: Powell stays on for second term as Fed chair; Schools closed in Alex again; Abiy Ahmed marches into battle.
Good morning, everyone, and happy hump day. It’s a great day for capital markets after the FRA gave its long-awaited…
TONIGHT: Aldar-ADQ bid for SODIC gets FRA nod + are equity markets on the brink of a correction?
Good afternoon, friends. Mondays are typically the slowest news days of the week, but today probably takes the cake —…
Are we entering the era of post-pandemic austerity?
Governments are widely scaling back massive fiscal programs that had helped push economies through covid — a trend that, contrary…
What’s on the agenda for COP27? Pressure for the rest of the world to help EM meet climate commitments.
Securing and de-risking financing to help emerging markets meet climate commitments will be a central focus at Egypt-hosted COP27, International…
Fertilizer prices hiked by 50%
Fertilizer prices to rise by 50%: Fertilizer producers have been given the green light to raise the subsidized prices at…
THIS MORNING: Abu Auf expands to UAE + EGX stimulus measures get mixed reception and bad weather shutters schools in 10 governorates.
Good morning, friends. We’re enjoying brisk air and a torrent of news on this first day of the workweek, so…
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