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Oil prices rise again on US’ Russia energy ban; Moscow to retaliate with export restrictions
Oil reaches new heights after US + UK announce Russian oil ban: Global oil prices closed at their highest levels…
THIS EVENING: Happy international women’s day + Ukraine ceasefire seems to be holding up + The EGX slips further into correction territory today
Happy Tuesday, ladies and gentlemen — and happy International Women’s Day. This year’s theme for the day is “break the…
US lawmakers to vote on Russia oil ban + Moscow threatens to shutter key gas pipeline to Europe
US looks to move ahead with Russia oil ban, undeterred by commodities chaos: US lawmakers from both sides of the…
Greenback surges on Ukraine worries
The USD is getting stronger because of the Ukraine war: The USD has surged to its highest level since the…
Egypt’s banks processed 1 bn electronic transactions in 2021
Egypt’s banks processed 1 bn electronic transactions in 2021 worth a total of EGP 2.8 tn, said the Central Bank…
Rising wheat and oil prices will hit budget in Egypt, ministers say
Rising global wheat prices could cost the government an additional EGP 15 bn this fiscal year, Finance Minister Mohamed Maait…
THIS MORNING: US floats Russia oil ban; Oil market freaks out
Good morning, wonderful people. It’s another packed issue today, with fallout from Russia’s war in Ukraine still dominating the headlines…
EBRD, Green Growth and Sanad funds all have money for Egypt + more competition in consumer finance
The European Bank for Reconstruction and Development (EBRD) has put pen to paper on its financing of the Alexandria metro…
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