Egypt Edition 
MENA+ Edition 
UAE Edition 
Saudi Edition 
AI + Innovation (MENA) 
Infrastructure 
What the markets are doing on 24 September 2023
The EGX30 rose 0.7% at today’s close on turnover of EGP 2.1 bn (0.1% above the 90-day average). Local investors…
THIS EVENING: We now know the Gulf firms that will be redeveloping the NDP’s former headquarters
Good afternoon, friends, and a very happy Sunday. We have a reasonably brisk start to the week here in Omm…
Greenback hits six-month high as Fed warns rates will remain higher for longer
The greenback has now climbed more than 6% since the middle of July
EGX closes above 20,000 for the first time ever
The benchmark index has soared almost 38% this year as local investors look to hedge against currency weakness and inflation
What the markets are doing on 21 September, 2023
The EGX30 rose 1.4% at today’s close on turnover of EGP 2.0 bn (8.2% below the 90-day average). Regional investors…
Fed signals higher rates for longer
The US central bank left rates unchanged but warned that policy would have to remain tight due to the continuing…
Infinity to charge BMW EVs in Egypt. PLUS: Africa tariff cuts ratified, onion export ban, another wheat buy, and a West Cairo BRT could be in the making.
Infinity aims to increase its charging stations to 300 by 2024
What the markets are doing on 20 September, 2023
The EGX30 fell 0.8% at today’s close on turnover of EGP 2.9 bn (35.5% above the 90-day average). Local investors…
Something went wrong. Please refresh the page and/or try again.