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THIS MORNING: A short slide into the long weekend
Good morning, wonderful people, and happy THURSDAY-equivalent. We hope our Egypt-based readers get some well-earned rest on the three-day weekend…
Another USD 1.5 bn from the ITFC for energy and commodities imports
More imports money from the ITFC: The government has signed a fresh USD 1.5 bn financing agreement with the International…
THIS MORNING: Yesterday was a good one for the EGX.
Good morning, wonderful people, and a very happy Monday. If you’re among our Egypt-based readers, you need only get through…
Forbes International Tower: Coming to a new administrative capital near you
REAL ESTATE- Magnom + Forbes to build tower in new capital: Magnom Properties, a unit of Saudi Arabia’s Rawabi Holding,…
China’s comeback to see oil demand hit a record high in 2023 + European, EM equities gain popularity as Wall Street takes a kicking
China’s loosening of covid-19 restrictions is forecasted to boost oil demand to a record high this year of 101.7 mn…
What wheat is to bread, corn is to chickens
Commodities once again took center stage on last night’s talk shows as the pundits parsed Prime Minister Madbouly’s presser on…
PM Madbouly talks all things econ as cabinet approves subsidized loans to industry, bumps state wheat procurement price
Prime Minister Moustafa Madbouly has good news for manufacturers and growers: In a press conference following yesterday’s weekly cabinet meeting,…
Resilient banks + reduced-price bread
It was banking and bread on the airwaves last night: The attention of the talking heads was captured by a…
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