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What we’re tracking on 14 May 2020
It’s big news morning to end the workweek week as we all prepare to (very gratefully) slide into the weekend:…
What we’re tracking on 5 May 2020
It’s PMI day here in Egypt, and if the rest of the world is any indication, it won’t be pretty:…
Your top 5 infrastructure stories of the week
Your top infrastructure news of the week: Renewables: The Electricity Ministry has brought Egypt’s largest wind farm online. More renewables:…
El Sewedy Electric subsidiary signs AED 124.5 mn contract in Dubai
Elsewedy Power, a subsidiary of Elsewedy Electric, has signed an AED 124.5 mn agreement with the Dubai Electricity and Water…
What we’re tracking on 5 April 2020
The Central Bank of Egypt left interest rates unchanged on Thursday after delivering an emergency 300 bps cut last month…
EFG Hermes net profit up 36% in 2019
EARNINGS WATCH- EFG Hermes’ net profit surged 36% in 2019 to EGP 1.38 bn from EGP 1 bn a year…
What we’re tracking on 19 March 2020
We were going to rejoice that it is Thursday, but then we remembered that flights into and out of Egypt…
EGX sell-off slows following CBE’s surprise rate cut
EGX sell-off slows following CBE’s surprise rate cut: The benchmark EGX30 index dipped again yesterday, but at a slower pace…
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