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What we’re tracking tonight on 22 March 2021
Good afternoon, nice people, and welcome to a reasonably calm news day. Perhaps the biggest stories of this unseasonably hot,…
Finance
What the markets are doing on 22 March 2021
The Biden administration's USD 1.9 tn stimulus plan could propel the global economy back to pre-covid levels “if US domestic…
FinMin issues new Customs Act regs
Companies importing capital goods they need to grow — including heavy equipment and machinery — could get a breather under…
What the markets are doing on 21 March 2021
SIGN OF THE TIMES- Morgan Stanley’s wealth management clients could soon have access to three funds that enable BTC ownership,…
What the markets are doing on 18 March 2021
SUPERCYCLE WATCH- Oil prices are unlikely to surge dramatically this year despite vaccines boosting demand, with plenty of global supplies…
EFG Hermes, Universal Group to launch new ecommerce site
EFG Hermes and Universal Group are collaborating on a new ecommerce website that will allow the home appliance company to…
Banque du Caire gets USD 100 mn EBRD loan for SMEs + trade finance
Egyptian MSMEs will have access to USD 50 mn worth of financing through Banque du Caire, which is getting a…
Earnings Watch: EFG Hermes
The EGX30 fell 1.1% at today’s close on turnover of EGP 997 mn (32.6% below the 90-day average). Local investors…
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