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A rainy post-Valentine’s
Good morning, wonderful people, and a very happy almost-THURSDAY. We have an absolutely stacked issue for you this morning, so…
AfDB has a new Egypt country manager
The African Development Bank (AfDB) has appointed Abdourahmane Diaw (LinkedIn) the bank’s new head of Egypt, effective 1 November 2022,…
MSCI adds Ezz Steel, Heliopolis Housing to its small-cap index
Ezz Steel and Heliopolis Housing have been added to MSCI’s small cap index following its quarterly review. Heliopolis Housing is…
THIS MORNING: The EGX just had its best day in three months + EGP falls again against the greenback
Good morning, wonderful people. We have a packed issue for you on this cold Sunday morning, setting the tone for…
Suez Canal receives record monthly revenues
SUEZ CANAL- Another record-breaking month for Suez Canal revenues: Suez Canal revenues grew 47% y-o-y in January to an all-time…
GASC launches its second int’l wheat tender this month
COMMODITIES- A second World-Bank backed wheat buy: State grain buyer GASC has launched an international tender for 30-60k tons of…
House approves USD 47 mn grant from the US for small-scale farmers
The House of Representatives yesterday approved three foreign financing agreements to fund rural development, irrigation, and rail infrastructure. It also…
EBRD and partners fund more green finance for SMEs + EBRD, BII lend USD 100 mn to BdC
DFIs to fund more green projects + privatization candidate BdC gets funding: More funding for green projects will be available…
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