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What we’re tracking on 30 April 2020
Sign of the times: Finance nerds are getting “creative.” Happy Thursday, everyone, and welcome to what we think is (almost)…
Why stock market gains barely signal an economic recovery
Scratching your head over how US stocks are showing gains while unemployment soars? This FT explainer breaks down why you…
National Bank of Egypt dishes out EGP 27 bn of loans to factories under CBE initiative
NBE dishes out EGP 27 bn of loans to factories under CBE’s local industry initiative: The National Bank of Egypt…
Still up 2% against the USD for the year, Reuters wonders whether EGP’s “coronavirus immunity” could “wane.”
Still up 2% against the USD for the year, Reuters wonders whether EGP’s “coronavirus immunity” could “wane.” The EGP “has…
Ahmed Moussa suggests Egypt is looking to get USD 7 bn from the IMF
On another very quiet night on the airwaves, the only tidbit of relevant discussion was … significant. Egypt is reportedly…
What we’re tracking on 29 April 2020
A (potential) ray of sunshine? Okay, so what we’re about to say is heavily caveated — we’re not epidemiologists any…
NRA in talks with Banque Misr, National Bank of Egypt for EGP 3 bn loan
The National Railways Authority is closing in on a EGP 3 bn loan agreement with Banque Misr and the National…
Egypt’s Transport Ministry issues tender for Alex tram restoration
The Transport Ministry has launched a tender for the restoration of the Raml tram in Alexandria, according to the local…
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