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Fertilizer prices drop 30% — but gas risks cloud the outlook
Egypt’s fertilizer industry is enjoying lower prices and steady production, but gas costs, export pressures, and black-market risks remain serious…
Chinese energy giant pledges USD 1 bn in investments in Egypt
Good afternoon, friends, and welcome to the start of a shorter-than-usual workweek. It’s a calm day in the press, with…
GlobalCorp closes EGP 4.9 bn securitized bond issuances
The issuances include the company’s seventh leasing-backed bond and its first mortgage-backed issuance
CBE resumes its easing cycle with 200 bps cut
Rates are now down a whole 525 bps since the bank began its easing cycle in April
GDP growth picks up to 4.5% in FY 2024-25
External debt fell USD 1 bn last fiscal year
CBE cuts interest rates by 200 bps
Good morning, friends, and happy weekend. We’re being treated to cooler-than-usual weather this weekend, and to that we say: thank…
It’s interest rate day
Good morning, friends and happy Thursday to you all. We have a brisk issue for you this morning with fresh…
Remittances from Egyptians abroad hit record high of USD 36.5 bn in FY 24-25
On a monthly basis, remittances also hit the highest figure ever recorded for June, coming in at USD 3.6 bn
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