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Is a supercycle in global oil prices on the horizon?
SUPERCYCLE WATCH- Is a supercycle in global oil prices on the horizon? Perhaps, according to Saudi Arabia’s energy minister, who…
AfDB to give us another EUR 83 mn for electricity reforms, energy efficiency
The African Development Bank (AfDB) has approved an EUR 83 mn loan to support the development of Egypt’s power infrastructure,…
Brent price hits highest level since October 2018
Oil prices have reached their highest level since October 2018, with Brent climbing 1.6% yesterday to almost USD 74 per…
US corporate debt now equals half of US GDP
Don’t look at the mountain of US corporate debt: Total corporate debt in the US has risen to USD 11.2…
IFC could invest USD 300 mn in healthcare
New IFC funding for healthcare in the works? The International Finance Corporation (IFC) is considering lending another USD 300 mn…
All is well in the US treasury market (for now at least)
Investors appear (for now) to be going along with the Fed’s temporary-inflation mantra as US treasuries recorded last week their…
Juhayna's former chairman sees detention extended + Contact Financial wants in on the central bank’s mortgage program
Juhayna's ex-chairman’s detention extended: The State Security Criminal Court has ordered that Juhayna's former Chairman Safwan Thabet’s detention be extended…
Banks may face more pressure in the coming fiscal year
Egyptian banks could see their interest income squeezed during the coming state fiscal year due to lower interest rates and…
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