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Inflation rises to near three-year high as global food prices spike
Annual urban inflation rose to its highest level in almost three years in March as spillover effects from the conflict…
THIS MORNING: What could a new IMF program look like? + No more paper covid travel forms
Good morning, nice people, and happy Monday to you all. We’re going to start with some quick announcements: Do you…
Food is more expensive than ever + EM funds brace for a tough year
Global food prices surged to a new all-time high in March as the Russia-Ukraine war battered already inflated commodities and…
Edita to invest EGP 1 bn by 2025
EGX-listed snackmaker Edita plans to invest EGP 1 bn over the coming three years to expand operations, company chairman Hani…
Gov’t eyes more support for contractors
The government could look into rescheduling debt payments for developers, Housing Minister Assem El Gazzar said after a sit-down with…
“Biggest supply crisis in decades” fast approaching as Russian sanctions threaten oil output, says IEA
Are we on the doorstep of a global oil supply shock? “Unprecedented” sanctions imposed on Russia over the past several…
War hasn’t dented growth in our Russian wheat imports
We imported 24% more wheat from Russia in March than we did the same time last year, buying some 479k…
THIS MORNING: Washington ringing alarm bells on global economy, food crisis ahead of IMF / World Bank spring meetings
Good morning, wonderful people, and happy almost-THURSDAY. It’s a brisk-but-not-busy news day here at home — by far the most…
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