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THIS MORNING: Madbouly to announce 2021-2022 reform agenda today; food prices surge to eight-year highs
Good morning, dear readers — we’re halfway through Ramadan already. The news is mercifully light this morning as we look…
Deforestation could be driving the evolution of new diseases
Reforestation without biodiversity could create breeding ground for disease: A new study suggests the destruction of forests in favor of…
Israel’s Delek moves to sell stake in Tamar to UAE’s Mubadala
One of the Israeli natgas fields Egypt imports from could be getting a new shareholder: Israel’s Tamar offshore field, which…
What the markets are doing on 26 April 2021
Higher crude prices won't give Big Oil its swagger back: Although the recent recovery of Brent crude prices is helping…
Altus’ Akh Gold could invest USD 200 mn if it strikes gold in Egypt
Altus Strategies could invest as much as USD 200 mn in Egypt if it makes a commercially viable discovery in…
We’re going to pay more at the gas pump for the first time since 2019
The government raised fuel prices by 3-4% over the weekend following a rise in global oil prices during the first…
Also on our Radar on 21 April 2021
Egypt and Sudan are setting up an investment JV that will aptly be called the Egyptian-Sudanese Company, Amwal Al Ghad…
Egypt’s economy to grow 3.1% this fiscal year, says BNP Paribas
Egypt’s economy is expected to grow at a 3.1% clip in the government’s current 2020-2021 fiscal year, down from 3.8%…
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