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Good news for local wheat farmers?
The pundits spent most of last night unpacking the information released by the IMF yesterday on our USD 3 bn…
Apex acquires shares in six oil concessions from Eni
Egypt-focused oil and gas firm Apex International Energy will acquire shares in six producing oil concessions in the Western Desert…
Food was pricier than ever in 2022 + Goldman bankers to get the boot this week
World food prices hit an all-time high in 2022: Supply chain havoc that began during the pandemic and went into…
THIS MORNING: EGP at 27.63, savers pouring bns into 25% CDs ahead of IMF presser today
Good morning, folks, and happy hump day. The week flies by when you kick it off with a public holiday…
A fresh GASC tender for wheat, backed by the World Bank
GASC puts out a fresh international wheat tender: State grain buyer GASC has launched an international tender to purchase 30k-60k…
Time for asset managers to tighten their belts + Junk is getting thrown out
Asset managers are getting stung by the market downturn: Global asset managers are preparing to make cutbacks in 2023 following…
In seven-hour grilling session, MPs take Supply Minister El Moselhy to task on food prices
Supply Minister Ali El Moselhy’s showdown with MPs dominated the talk shows yesterday. Pundits allocated considerable airtime to a heated,…
Commodities markets saw a retail boom last year + More recession forecasts for 2023
Commodities markets saw an influx of retail investors in 2022, lured by the outsized returns in a year that saw…
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