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Egypt adds India to its what suppliers list — and Pakistan, Mexico could follow
We can now source wheat from India: The Agriculture Ministry on Thursday added India as a new wheat import origin…
We’re paying more at the pumps
The government raised fuel prices by c. 3% over the weekend amid a rise in global oil prices on the…
IEA says global oil demand set to slump + JPMorgan kicks off a turbulent earnings season
IEA cuts forecast for global oil demand — again: The International Energy Agency (IEA) has revised downwards its oil demand…
GASC concludes latest tender, with offers roughly 50% above pre-war prices
GASC has pulled off its first successful wheat tender since Russia invaded Ukraine — but it didn’t come cheap. The…
Egypt to increase LNG exports to Europe with Eni
Eni signs agreement to supply more of our LNG to Italy, Europe: The Italian energy firm yesterday signed an agreement…
Dubai becomes a top-five IPO destination as DEWA shares soar on debut
DEWA shares surge on debut: The Dubai Electricity and Water Authority’s (DEWA) shares jumped as much as 23% on their…
Pylon closes USD 19 mn seed round
Infrastructure management platform Pylon has raised USD 19 mn in a seed funding round led by Endure Capital, Cathexis Ventures,…
THIS EVENING: Five EGX-listed companies see stake purchases worth around USD 1.8 bn + Markets are looking to contain the fallout from EU’s embargo on Russian oil imports
Today seemed like a slow day — until it became the exact opposite of that. We’re flush with news today,…
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