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Egypt’s Supply Ministry raises compensation for subsidized bread bakers
The Supply Ministry is paying bakeries a higher fee for producing subsidized bread, according to a decision seen by Al…
A global coffee crisis looms
Your regularly scheduled reminder to appreciate your morning cup of Joe while you can: The regions where coffee beans are…
Earnings Watch- AT Lease, Domty, Misr Cement Qena, Obour Land
EARNINGS WATCH- AT Lease reported EGP 35.7 mn in net profits during 1H2020, up 4.6% from EGP 34.14 mn in…
Egypt’s inflation decelerated in July to 4.2%, below expectations
Annual headline inflation decelerated to 4.2% in July, down from an uptick to 5.6% in June, according to central bank…
Robot waiter Mozo is on shift at an Egyptian restaurant
How much will Egyptian customers be tipping these robot waiters? Mozo the robot is waiting tables at Kimbo, an Egyptian…
Diplomacy + Foreign Trade on 5 August 2020: GERD and food exports
Egypt and Sudan have walked away from the latest round of talks on GERD after Ethiopia’s latest proposal dodged mention…
Earnings Watch: Centamin Mining, Ezz Steel, Juhayna, Amer Group, MNHD, ERC
EARNINGS WATCH- Centamin Mining pre-tax profits surge on rising gold prices, higher production: Centamin Mining’s pre-tax profits soared by 221%…
El Sisi discusses GERD, Libya with South Africa’s Ramaphosa
Egypt continues diplomatic blitz on Libya, GERD: President Abdel Fattah El Sisi continued the push he started over the weekend…
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