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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…
Big global players eye hydrogen investment in Egypt
Eni, General Electric and ThyssenKrupp have all bid to establish hydrogen plants in Egypt, the Arabic-language energy website Attaqa reports,…
Egypt lays out 2030 renewable energy targets
The Sisi administration wants to grow renewable energy capacity to cover 42% of the country’s electricity needs by 2030, Oil…
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…
More inflation ahead thanks to the gas price hike
The global gas squeeze has arrived in Egypt: Operating margins at industrial firms will likely come under pressure in the…
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…
Egypt is up for a slice of BlackRock’s new climate-focused EM infrastructure fund
Egypt is among the “attractive” emerging markets in which BlackRock could be investing through its new USD 673 mn climate-focused…
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