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THIS MORNING: CBE odds-on to hike rates this Thursday + Kenya has a new president
Good morning, friends, and welcome to a big news morning. There’s plenty of good news today, including the first tentative…
Aramco profits surge 90% in 2Q 2022
EARNINGS WATCH- #1- Saudi Aramco’ posts record net income amid spiraling oil prices: Saudi Aramco reported record 2Q 2022 and…
MNHD revenues double in 2Q 2022
Madinet Nasr Housing and Development’s (MNHD) revenues more than doubled in 2Q 2022 due to a rise in deliveries, it…
Ministers are still working to resolve “controversial” aspects of building violations regs
No agreement on building violation regs: The Madbouly government is still working to resolve differences of opinion over amendments to…
EgyptAir to operate Sharm-Tripoli flights from tomorrow
Other things we’re keeping an eye on this morning: Orascom Development Holding plans to launch two new phases of its…
Is Russia using Egypt to export its crude? Plus: El Sisi establishes disability fund
Russia appears to be using Egypt as a transit route to sell its crude, ahead of the introduction of western…
PROJECT PROFILE- Darah Provincial Capitals Development Project
PROJECT PROFILE- Darah Provincial Capitals Development Project: At the end of 2020, the government announced the start of a new…
NUCA plans huge EGP 20 bn securitized bond issuance
NUCA wants to break its securitization record: The New Urban Communities Authority (NUCA) is seeking regulatory approval for a record-breaking…
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