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Why Wall Street is doubling down on China amidst ongoing trade war
Wall Street is doubling down on China’s USD 47 tn financial market despite ongoing rhetoric to cut ties with Beijing:…
Siemens, Hassan Allam land new capital control center tender
Siemens, Hassan Allam beat State Grid, Huawei in new capital control center tender: A Siemens-Hassan Allam consortium has been awarded…
Chinese consortium to build EGP 250 mn electricity substation in Alexandria
A Chinese consortium has signed a EGP 250 mn contract with the Egyptian Electricity Transmission Company to construct a 66/220…
Chinese flying car unveiled at Beijing Auto Show
Electric automaker Xpeng unveiled a prototype for a flying car at the Beijing Auto Show on Saturday, CNBC reports. Still…
What we’re tracking on 28 September 2020
Good morning, friends. It’s a moderately light news day, so what better way to get started than to recognize members…
Loan loss provisions hit bank profits in1H2020
Egyptian banks’ profits shrank by 20% in 1H2020 to an aggregate EGP 50.05 bn in comparison with EGP 62.49 bn…
What we’re tracking on 21 September 2020
Good morning, friends, and welcome to another busy September morning. Let’s jump right in: It’s interest rate week: The Central…
What we’re tracking on 16 September 2020
It’s another busy news day as we hurtle toward the end of the week, so let’s get this show started.…
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