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Egyptian infrastructure companies win new Libya contracts
Egypt and Libya signed a raft of agreements last week that will see Egyptian companies play a larger role in…
Sudan withdraws ambassador to Ethiopia
Amid rising tension, Khartoum recalls its ambassador to Addis Ababa: Sudan has recalled its ambassador to Ethiopia over disagreements about…
King of Bahrain coming to town for talks + Algeria says GERD mediation going well
President Abdel Fattah El Sisi is inviting Bahraini King Hamad bin Isa Al Khalifa to Cairo for talks in a…
CBE, EGX confirm Thursday holiday; Solid 2Q Aramco earnings; Tokyo 2020 is over; China to ship 2 bn vaccines;
Good afternoon, ladies and gentlemen. After an uncharacteristically busy first week of August, it seems we’re right back down to…
US real yields fall to record low amid growth concerns
Returns on US bonds that investors earn after inflation have reached record lows, as concerns grow over the sustainability of…
Regulator approves Bank ABC’s EGP 6.7 bn Blom MTO
The Financial Regulatory Authority approved Bank ABC’s mandatory tender offer to purchase Blom Bank Egypt, bringing the Bahraini lender one…
Bahrain over Egypt, says Arqaam Capital
Rising oil prices have Arqaam favoring Bahrain’s bonds over Egypt’s: The Egyptian bond market may be underpricing the country’s vulnerability…
TONIGHT- Just how good are those Chinese jabs? Also: IDH is looking at M&A targets, but isn’t promising to close one this year
Well, friends, we’ve made it through another workweek together — and our reward after a heavy news day is another…
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