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Egypt’s PMI holds at 47.2 in October, but output and new orders fall at their fastest pace in four months
Good morning, lovely people, and happy almost-weekend. In today’s issue, we have a fee coming off phones built in the…
Petrojet will build the USD 170 mn pipeline carrying Cypriot gas to Damietta for export
Good morning, lovely people. The biggest IPO the EGX has seen in at least a decade is now trading, and…
Companies paying for NUCA land in USD from abroad will skip the line and the bidding from November
Good morning, folks. You will read below about three things the government is doing at once right now: selling a…
The country’s first locally assembled EV rolls off the line at El Nasr
Good morning, friends. The interest rate hike is three days old by now, and you’ve probably read a version of…
Banque du Caire’s retail book closed 27x covered, days before trading
Good morning, friends, and happy almost-weekend. We’ve all been wondering lately: where does the money go from here? Today’s issue…
MNT-Halan’s parent completes its EGP 4 bn injection into the Egyptian arm
Good morning, lovely people. The theme in today’s issue is money that isn’t where it needs to be: containers are…
The House authorizes El Sisi to take “whatever measures are needed” to support Saudi Arabia
Good morning, friends. It’s been a rough few days on the EGX, and the IPO everyone’s been waiting for now…
IMF lands in Cairo for the final review, with divestments, energy subsidies and tax on the table
Good morning, lovely people. The IMF mission is in town earlier than we expected for the eighth and final review…
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