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What we’re tracking on 28 February 2020
Good afternoon, everyone. If you’re like some of us here and have had your fill of covid-related news, we give…
Around the world on 28 February 2021
Washington blames MbS for Khashoggi murder: Saudi Arabia’s crown prince and de factor ruler Mohammed bin Salman was personally involved…
Also on our radar on 28 February 2021
Five consortia have eyes on a tender to establish the Tenth of Ramadan City dry port, AlShorouk reports, citing sources…
GB Auto reports record bottom line despite revenue slump
GB Auto reported a record high bottom line in 2020 despite poor market conditions caused by the covid-19 pandemic weighing…
A long, hot summer
Don’t expect exports from the newly-reopened Damietta LNG plant to ramp up until the end of the year, as increased…
Vodafone’s Bee and Masary acquisitions confirmed, ElSewedy Electrics sees net profits fall 25% in 2020
The EGX30 rose 0.2% at today’s close on turnover of EGP 1.59 bn (8.7% above the 90-day average). Local investors…
What the markets are doing on 24 February 2021
El Erian asks: When is stimulus too much stimulus? The Fed needs to think about how to start winding down…
Hungary is ready for Egypt’s natgas
Hungary plans to import Egyptian natural gas once a Greek-Bulgarian pipeline is complete, Hungarian Foreign Minister Péter Szijjártó said at…
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