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A terrible day in the US bond market as Powell ups the ante on inflation
US treasuries experienced one of their biggest daily sell-offs in the past decade yesterday after Federal Reserve Chairman Jay Powell…
Mandarin Oriental is coming to Egypt, Amazon is doubling delivery capacity, and Elevate Healthcare is linking up wtih Dar Al Handasah
Mandarin Oriental to manage Shepheard Hotel: Hong Kong-based luxury hotelier Mandarin Oriental Hotel Group signed an agreement to manage Downtown…
The float of the EGP, interest rate hike and expansion of the social safety net dominated the airwaves last night
Egypt’s airwaves were dominated by yesterday’s policy blitz (if you don’t know what we’re talking about here get out from…
THIS MORNING: More measures to support the EGX coming today + Ukraine war is putting pressure on emerging debt
Good morning, wonderful people, and welcome to a new reality. We’ve been saying for some weeks now that the Madbouly…
Aramco profits double in 2021, announces plans to raise oil + gas production
Saudi Aramco plans to hike spending this year as it looks to ramp up oil and gas production in the…
Make way for future flow securitization
Future flow securitization is officially here: President Abdel Fattah El Sisi has ratified amendments to the Capital Markets Act that…
Intro Group to invest EGP 1 bn in waste management this year
Intro Group subsidiary Intro Sustainable Resources (IRS) is looking to invest some EGP 1 bn in waste recycling this year,…
Orascom Development’s net income drops 52.9% y-o-y in 4Q2021
EARNINGS WATCH- Orascom Development Egypt’s net income dropped 52.9% y-o-y in 4Q2021 to record EGP 100.70 mn, according to the…
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