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Earnings Watch: Misr Cement, Abu Qir, Telecom Egypt
EARNINGS WATCH- State-owned Telecom Egypt (TE) reported a 19% y-o-y decline in 1Q2020 net profits to EGP 1.3 bn on…
Egypt’s inflation decelerated in May to 4.7%, below expectations
We caught a break: Inflation cools to six-month low: Annual urban inflation in May slowed to its lowest level since…
What we’re tracking on 11 June 2020
Good morning, friends, and welcome to the end of the workweek at a time of year when we would normally…
Covid-19 shows investment risks and rewards in individual EM economies vary more than ever
Covid-19 underlines the home truth that you can’t just lump EMs together in a homogeneous asset class — and the…
Egypt’s parliament approves int’l grants to develop investment, transport, sanitation
House approves EUR 122.7 mn in financing from EIB for transport, sanitation: The House of Representatives’ general assembly approved yesterday…
SCZone and SFE to partner on rail projects in East Port Said
Sovereign fund is getting in on a railcar assembly plant in East Port Said with the SCZone: The Suez Canal…
Diplo + Foreign Trade: Russia, Germany backs Egypt’s Libya peace initiative; cotton exports down
Russia sees Egypt’s peace initiative as the primary forum in which Libya’s future will be decided, Reuters reports, piggybacking on…
Algebra Ventures’ Tarek Assaad and Karim Hussein on what VCs look for in startups
This week on Making It, our podcast on building a great business in Egypt, we spoke with Tarek Assaad and…
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