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What we’re tracking on 8 July 2020
Good morning, nice people, and welcome to the day the team here thinks of as “almost-THURSDAY.” Yes, in all-caps. Tuesday…
Egypt imports 5 mn tonnes of wheat in 1H2020
Egypt imported 5 mn tonnes of wheat in 1H2020, down 16.6% compared to 6 mn tonnes in the same period…
IMF forecasts deeper recession, slower recovery as virus fears linger
YOUR DAILY DOSE OF GLOOM- IMF forecasts deeper global recession, slower recovery as virus fears linger: The global economy will…
AFD’s Proparco provides USD 20 mn finance facility to T&C Garments
DEBT WATCH- Proparco has extended a USD 20 mn finance facility to T&C Garments, an Egyptian-Turkish JV specialized in manufacturing…
Egypt hires UAE banks to arrange USD 1 bn loan
DEBT WATCH- Egypt hires UAE banks to arrange USD 1 bn loan: Egypt has tapped Emirates NBD and First Abu…
Egypt, Mediterranean allies denounce Turkey’s gas exploration, Libya intervention
Egypt, Mediterranean allies denounce Turkey’s sixth attempt to drill in Cypriot waters, urge end to Turkish military intervention in Libya:…
What we’re tracking on 3 May 2020
Welcome to the month of May, ladies and gentlemen. Pandemic or not, we’re sprinting toward summer and … staycations? It’s…
Egypt’s Transport Ministry issues tender for Alex tram restoration
The Transport Ministry has launched a tender for the restoration of the Raml tram in Alexandria, according to the local…
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