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Egypt falls one position in Bloomberg’s EM scorecard
Egypt falls one notch on Bloomberg’s EM scorecard: Egypt fell by one ranking to 17th place in Bloomberg’s biannual scorecard…
Egypt will not ask the IMF for further funding
Egypt will not ask the IMF for further funding after its USD 12 bn, IMF-backed reform program ends next year,…
CBE to terminate forex repatriation mechanism on 4 December
The central bank is going to scrap its special foreign exchange repatriation mechanism next week: The central bank will terminate…
Correction
CORRECTION- We fudged the numbers from CAPMAS’ report on road accidents in Egypt in yesterday’s issue. The total number of…
Will Israel’s pipeline dream ever come true?
Is Israel’s pipeline dream realistic? Israel’s ambitions to build a USD 7-8 bn pipeline to supply natural gas to Europe…
El Sisi holds talks with MbS on Egypt-Saudi investment and joint projects
President Abdel Fattah El Sisi held talks yesterday with Saudi Crown Prince Mohammed bin Salman, who landed in Cairo on…
Egypt court fines former CAF head Hayatou and secretary Amrani EGP 1 bn
Court slaps former Confederation of African Football officials with EGP 1 bn fine for antitrust violations: A Cairo Economic Court…
Egypt’s Orascom Construction releases 3Q2018 results
EARNINGS WATCH- Construction giant Orascom Construction announced overnight (pdf) like-for-like net income of USD 69.1 mn in 3Q2018 (up more…
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