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Companies no longer need a credit rating to issue bonds + sukuk
There are some caveats.
The USD crunch is hitting fragile developing economies hard
Some of the world’s more vulnerable economies are being forced to take drastic measures as they struggle with fresh USD…
Ezz Steel forecasts EGP 8.3 bn in losses on EGP depreciation. Plus: Smartphone assembly, mature oil fields, BdC’s e-payments arm — and plenty more
MANUFACTURING- Ezz Steel forecasts EGP 8.3 bn in losses on EGP depreciation: Ezz Steel expects to record losses of EGP…
THIS EVENING: EGP slips against the USD + Blinken demands Russia renew
Good afternoon, friends, and a very happy THURSDAY to us all. It’s relatively calm on the news front today —…
Fuel prices are rising 7-11% today
Cost of mazut for most buyers will increase by 20%
Supply Ministry could import more chicken, rice ahead of Ramadan. Plus: Egypt-Saudi interconnector and news from EgyptAir and CIB
COMMODITIES- The Supply Ministry is stocking up on imported poultry + rice ahead of Ramadan: The Supply Ministry is planning…
Madbouly seeks to assure Qatari investors on a near end of exchange rate fluctuations
It was a packed night on talk shows yesterday, with PM Madbouly’s sitdown with Qatari investors in Doha leading the…
Adnoc ups gas unit IPO on heavy investor demand
Abu Dhabi IPO WATCH: Adnoc’s natural gas arm will now offer close to a 5% stake in its IPO in…
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