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Charter flight incentives extended until October + contractors on state project get two-month buffer on late projects
Charter flights landing in Egypt will continue to receive cash subsidies from the government until the end of October after…
Suez Canal transit fees to rise in May
Transiting the Suez Canal is about to get more expensive: The Suez Canal Authority will raise fees for ships transiting…
THIS MORNING: EGP settles in at EGP 18.57 to the greenback + more price caps are coming
Good morning, friends, and welcome to another exceptionally heavy news day, so as we did earlier this week, let’s jump…
Central bank’s rate hike, devaluation and the impact of war on our wheat supply are all preoccupying the international press this morning
Leading the conversation on Egypt in the foreign press: The Central Bank of Egypt’s decision to raise interest rates by…
Gov’t announces price caps on unsubsidized bread
Price controls on unsubsidized bread are here: The Madbouly cabinet announced yesterday it is imposing price caps on unsubsidized baladi…
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…
Food prices still topic du jour in the foreign press
The war in Ukraine and its effect on our wheat supply is continuing to get ink in the foreign press…
US stocks have best week since November 2020
US stocks had their best week since November 2020 last week following US-China talks on Ukraine and as the oil…
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