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Ocior Energy to build USD 4 bn green hydrogen plant in SCZone
The plant will take 5-6 years to build, with expected revenues of USD 1 bn annually
THIS MORNING: July inflation data set for release today
A Reuters poll is predicting another record month for price hikes
What’s the environmental cost of desalination?
Desalination needs a lot of energy and produces a lot of wastewater
Egypt’s foreign reserves continue to rise in July
Foreign reserves inched up to USD 34.88 bn
THIS EVENING: EEHC, EGPC take on loans for power plant maintenance + mazut imports
Good afternoon, friends, and welcome to a busy start of the second week of August. We hope that you have…
PMI continues to contract at a softer pace in July
The PMI rose to 49.2 from 49.1 in June
CBE makes surprise 100-bps rate hike
Analysts had expected the central bank to keep rates on hold
CBE goes against expectation + Lots of macro updates
Good morning, friends, and happy FRIDAY. We hope the blackout gods spare you this weekend, so you can enjoy some…
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