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Russia hikes wheat prices on high Egyptian demand
Egypt’s wheat binge is putting further pressure on food prices abroad: Prices of Russian wheat notched new highs last week…
El Molla meets US energy secretary in Glasgow + is more IFTC finance in the pipeline?
Oil Minister Tarek El Molla met with US Secretary of Energy Jennifer Granholm at the COP26 summit in Glasgow, where…
Last Night’s Talk Shows: Real estate prices on the rise + CPA doesn’t like car salesmen
Is new-build real estate about to get even more expensive? Property developers could hike house prices by 10-15% due to…
TONIGHT: FRA expands proposed caps on margin trading + the EBRD is more optimistic about our growth. Plus: Egypt signed a coal phase-out agreement at COP26
…and just like that, the first week of November is over. We hope the week has been kind to you…
FX reserves inch up in October
Egypt’s foreign currency reserves inched up USD 24 mn in October, reaching USD 40.85 bn from USD 40.83 bn in…
NTRA slaps telcos with fines for poor quality
NTRA slaps telecom companies with EGP 25 mn in fines for subpar quality: The National Telecommunications Regulatory Authority (NTRA) has…
THIS MORNING: Egypt hasn’t yet joined more than 100 countries signing methane reduction and deforestation pledges
It’s a brisk news day here in Omm El Donia, where the big story is that we have not signed…
More inflation ahead as wheat prices continue to rise
Wheat prices rise again in fresh tender: Egypt has seen the price of Russian wheat rise another 1.5% in just…
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