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Egypt could hedge against strategic commodity prices in FY2019-20
EXCLUSIVE- Egypt is mulling whether to hedge against rising prices of strategic commodities starting July, a senior government official told…
Proposed constitutional amendments could see El Sisi hold office until 2034
Proposed constitutional amendments could see president hold office until 2034, reconstitute Shura Council as “Council of Senators”: The constitutional amendments…
Egypt’s House drafting more constitutional amendments to economic indicators
LEGISLATION WATCH- Could MPs’ newfound interest in constitutional change see less funding for health, education? The House Planning and Budgeting…
The long-awaited fifth tranche of Egypt’s IMF loan is on its way, finally
Egypt will get the fifth tranche of its USD 12 bn IMF facility any day now: The International Monetary Fund’s…
Earnings Watch: Abu Qir Fertilizers, Credit Agricole
EARNINGS WATCH- Abu Qir Fertilizers’ net profits rose 32.4% y-o-y in 1H2018-19, which ended in December, to EGP 1.7 bn,…
Egypt is leading the region’s decline in liquefied natural gas demand
Egypt’s emergence as a regional gas hub is driving a decline in regional demand for liquefied natural gas, writes Verity…
Egypt and Germany agree to boost trade and economic cooperation
Egypt signs cooperation agreement with Germany: German Economy and Energy Minister Peter Altmaier signed yesterday with Trade Minister Amr Nassar…
Plans to hike pension fund investments in the EGX delayed
State pension funds won’t hike their exposure to the EGX … yet: The Social Solidarity Ministry’s Pension Funds Investment Committee,…
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