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Portfolio investors warming to Egypt as EGP proves more flexible
Portfolio investors warming to Egypt as EGP proves more flexible: There are signs that foreign investors may be warming to…
EBRD to provide NBE USD 100 mn to support SMEs impacted by covid-19
EBRD to provide NBE with USD 100 mn for on-lending to SMEs impacted by covid-19: The European Bank for Reconstruction…
Egypt’s parliament approves Senate bill, USD 50 mn EBRD loan agreement
LEGISLATION WATCH- We’re officially getting a Senate again: The House of Representatives’ general assembly signed off yesterday on a bill…
Arabian Cement profits triple in 1Q2020 to EGP 16 mn
EARNINGS WATCH- Arabian Cement profits triple in 1Q2020 to EGP 16 mn: Spending cuts helped Arabian Cement to deliver a…
What we’re tracking on 15 June 2020
We’re not sure where we’d go — or who would have us — but commercial flights are set to resume…
House committee approves USD 2.8 bn covid-19 IMF funding
LEGISLATION WATCH- House committee approves USD 2.8 bn covid-19 IMF funding: The House Economic Committee approved Egypt’s agreement with the…
State grain buyer GASC has purchased 120k tonnes of Russian wheat
State grain buyer GASC purchased yesterday 120k tonnes of Russian wheat, according to Reuters. The shipment will bring Egypt’s total…
Where does the global economy go from here? The OECD is out with two scenarios, and neither are particularly good.
Where does the global economy go from here? The OECD is out with two scenarios, and neither is particularly good.…
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