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Global growth prospects appear to be weakening
Global growth prospects appear to be weakening after the EU cut its GDP forecast and data out of China pointed…
Banking and rail news aplenty + Edita is looking at microfinance
There’s plenty of banking news: The Central Bank of Egypt has joined the global Network forGreening the Financial System (NGFS),…
THIS EVENING: Brmaja Innovation raises planned IPO stake. Plus: McDonald’s is officially leaving Russia.
Happy Monday, friends. It’s hard to believe it’s only Monday, but here we are — and it’s still a relatively…
Aramco reports record quarter profits on higher oil prices
Saudi Aramco reported record net income in 1Q 2022, on the back of surging oil prices and rising demand, the…
Madbouly presser on economy dominates the talk shows
Prime Minister Moustafa Madbouly’s epic presser yesterday was all over the airwaves last night: Business leaders gave their reactions to…
Madbouly announces plans to privatize state assets + boost private investment
Madbouly announces plans to privatize state assets + boost private investment: Prime Minister Moustafa Madbouly outlined the government’s plans to…
Earnings watch: AMOC, Credit Agricole, Export Development Bank, ADIB
EARNINGS WATCH- Alexandria Minerals Oil Company’s (AMOC) bottom line rose roughly 638% in 9M 2021-2022 to EGP 762 mn, according…
THIS EVENING: Gov’t announces strategy to spur private sector activity in the economy + Unemployment fell in Jan-March + Europe considers cap on natural gas prices
Good afternoon, friends, and welcome to a busy start to the week. We have some big news for you to…
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