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Falling inflation could lead to a delicate balancing act on interest rates
A delicate balancing act on interest rates: A too-sharp decline in Egypt’s September inflation figures could result in “consultations” with…
NBK approves resignation of deputy CEO Omar Wahby
MOVES- The National Bank of Kuwait has accepted the resignation of deputy CEO and board member Omar Wahby, according to…
Covid-19 highlighting need for ‘multilateralism’ in int’l cooperation -Al Mashat
How covid-19 shaped Egypt’s policies on working with int’l development partners: Egypt has developed a framework to cooperate with international…
Car prices inch up 1-5% on back of global supply shortage
Car prices have inched up 1-5% over the past year due in part to a growing supply shortage brought on…
JPMorgan disburses first loan tranche for monorail project
DEBT WATCH- Egypt just got the first USD 332 mn tranche of a loan from JPMorgan to finance the construction…
Apache could spend USD 900 mn at its concessions in Egypt’s Western Desert
INVESTMENT WATCH- US oil and gas producer Apache could spend as much as USD 900 mn at its Western Desert…
Egypt’s Al Ahly Capital to acquire 100% of El Nada hospital for EGP 300 mn
M&A WATCH- Al Ahly Capital is expected to close its acquisition of 100% of El Nada Hospital for EGP 300…
Volkswagen signs pact to produce natgas-powered vans for Egypt
INVESTMENT WATCH- Volkswagen wants to produce natgas-powered vans in Egypt — if it gets the right incentives: Egyptian Automotive and…
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