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CBE grants KfW’s Green for Growth Fund tier-two debt license
German development bank KfW’s Green for Growth Fund (GGF) now has a license from the Central Bank of Egypt (CBE)…
THIS MORNING: Banks given green light to lend via mobile wallets; Pandemic vs. Endemic; US-Russia tensions rise
Good morning, wonderful people, and welcome to what’s shaping up to be a very busy news week. Let’s jump right…
Air Supply, Kima ink EGP 260 mn agreement for gas factory in Aswan complex
Air Supply and Kima ink agreement for new gas production project: Air Supply Group signed an EGP 260 mn agreement…
High rates, upcoming passive inflows bode well for Egyptian bonds
Egypt’s bond market is poised for more gains this year thanks to our attractive interest rate, which is currently the…
GMG to open 100+ branches in Egypt by 2026
UAE-based retailer GMG plans to open over 100 sports retail stores in Egypt by 2026, it said in a statement…
Urban inflation rises to 5.9% in December, below expectations
Annual urban inflation rose to 5.9% in December from 5.6% in November, ending a two-month downward trend despite a slowdown…
THIS MORNING: It’s inflation day + covid-19 claims both a trailblazing judge and a leading TV personality
Good morning, friends, and welcome to a pleasantly brisk news morning. Brace yourselves for a possible sand storm — and…
THIS MORNING: Mobile wallet use up 27% in Egypt in 2021; IMF delays outlook due to covid; Afcon starts today; The UAE has shifted to a Monday-Friday week
Good morning, friends, and welcome to your first full-length workweek of 2022. News flow this morning is dominated by the…
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