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What we’re tracking on 9 March 2020
It’s shaping up to be an ugly day. Covid-19 infections continue their slow-burn spread in Egypt and global markets are…
Global growth could fall to 1% this year -IIF
Global growth could fall to 1% this year -IIF: Global economic growth could fall to just 1% this year due…
EU imposes tariffs on Egyptian exports in a crossfire with China
European Union imposes tariffs on Egyptian exports to counter China subsidies: An EU tariff of 8.7% on Egyptian glass fiber…
CBE writes off EGP 17.4 bn in debt for financially distressed firms
CBE writes off EGP 17.4 bn in debt for financially distressed firms: More than 200 companies have had a portion…
Gov’t considering full customs exemption on imports of auto components
The government is considering a full customs exemption on imports of auto components: The Trade Ministry could grant a full…
Global stocks rebound on stimulus hopes
Global stocks rebound on stimulus hopes: US stocks surged yesterday on hopes that central banks around the world will launch…
What we’re tracking on 2 March 2020
Egypt has its second known case of covid-19 this morning, the Health Ministry and World Health Organization said in a…
Egypt Kuwait Holding to begin wood production next year
Egypt Kuwait Holding Company (EKH) aims to start production from its EGP 2 bn pressed wood factory next year, investors…
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