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TONIGHT: New details on construction licenses; Chip shortage bites; Mega steel merger in the Gulf; Musk hurts the Doge.
Good afternoon, wonderful people. Only two more days to go until we start Eid vacation. And the best part? The…
What the markets are doing on 27 April 2021
The slow vaccine rollout in the developing world is holding back emerging-market stocks: The gap between developed and emerging markets…
Evergrow is restructuring its debts
Egyptian fertilizer company Evergrow has signed a USD 400 mn loan agreement with a syndicate of 12 banks led by…
Also on our Radar on 11 April 2021
Economy-class passengers planning international flights on EgyptAir can now keep adjacent seats vacant by booking them at a discounted rate…
The GERD impasse dominates the talk shows on 11 April 2021
The impasse with Ethiopia was still the hot topic of the talk shows last night. Egypt and Sudan’s refusal of…
EFG, SFE closing in on AIB acquisition + El Salhiya is on the block
The Sovereign Fund of Egypt and EFG Hermes look set to wrap up their acquisition of Arab Investment Bank this…
Also on our Radar on 7 April 2021
Things we’re keeping an eye on this morning: Our friends at Sodic now have a notary public office at its…
More listings, please.
Another two listings coming this year? An agricultural company and a petrochemicals firm will offer shares on the EGX this…
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