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What we’re tracking on 23 January 2019
Rejoice, for it is the last business day of the week: Banks and the stock market are closed tomorrow, as…
Cairo 3A seeks EGP 3.4 bn loan for expansions
Agricultural commodity trader and manufacturer Cairo 3A is in talks with the National Banque of Egypt, Banque Misr, CIB, and…
What are leveraged loans and why do they have financial policymakers worried?
What are leveraged loans and why do they have financial policy makers worried? Among the trends that followed the 2008…
FinMin wants to impose stamp tax on social media ads of up to 20%
EXCLUSIVE- FinMin could impose stamp tax of up to 20% on social media ads: The Finance Ministry appears set to…
MENA banks are in for another difficult year
S&P expects Egyptian banks to lead the wider MENA region in loan growth this year despite sky-high interest rates. The…
What we’re tracking on 21 January 2019
The World Economic Forum gets underway in Davos this morning and runs through Friday. The theme: “Globalization 4.0: Shaping global…
Egypt is in the hot zone of countries with the highest ratio of debt to GDP
Egypt is in the hot zone of countries with the highest ratio of government debt to GDP, ranking us 15th…
El Sisi, Macron lay groundwork for French president’s upcoming visit to Cairo
French President Emmanuel Macron gave President Abdel Fattah El Sisi a call yesterday to lay the groundwork for Macron’s visit…
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