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GASC calls off wheat tender due to high prices
State grain buyer GASC has called off a wheat tender as prices offered were higher than expected Reuters reported. The…
El Sisi’s day in Budapest kept the talking heads busy + football season kicks off
President Abdel Fattah El Sisi’s day in Budapest was front and center on the airwaves last night. Sada El Balad…
Shahinaz Foda replaces Frederic Abbal on ElSewedy Electric board + Essam Abdelhadi joins advisory board of Nawah Scientific
Shahinaz Nabil Foda will replace Frederic Christian Abbal on the board of Elsewedy Electric, following Abbal’s resignation, the company said…
ESG reporting is coming to Egypt in 2023 (Part II)
POLL- ESG reporting is becoming mandatory in Egypt in 2023. Are EGX-listed companies ready for it? EGX-listed firms and NBFS…
THIS MORNING: New real estate industry regs in the works? Plus: IMF’s Kristina Georgieva gets a reprieve.
Good morning, wonderful people, and welcome to hump day. We had crazy thunder and lightning overnight, accompanied by light rain.…
Pioneers Holding to rebrand, insurance for workers abroad and Fawry partners with Uber
Egyptian workers abroad will be able to get state-backed ins. policies here at home starting 2022 under a decision (pdf)…
Inflation and the new school year are on pundits’ minds
The airwaves were quiet last night. Lamees El Hadidi gave us her on-point macroeconomic two-cents, devoting a lengthy segment to…
Daily covid case tally continues to rise
The Health Ministry reported837 new covid-19 infections yesterday, up from 831 the day before. Egypt has now disclosed a total…
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