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Tough times for jasmine farmers + Pyramid construction theory
There’s nothing dominating the conversation on Egypt in the foreign press morning: Reuters reports that jasmine farmers in Egypt are…
Reserves in emerging markets are falling at the quickest rate since 2008
More warnings of a wave of EM debt defaults: Developing and emerging nations’ foreign reserves dropped USD 379 bn in…
Savola to invest EGP 1 bn in Egyptian Belgian Company
Saudi food conglomerate Savola plans to invest over EGP 1 bn in the Egyptian Belgian Company to increase production, CEO…
African food security is coming under further pressure from surging fertilizer prices
The sky-high cost of fertilizer is pushing farmers to the brink and further straining African food security: Fertilizer prices have…
THIS MORNING: New CBE chief to meet senior bankers today + High inflation across the world could be with us to stay
Good morning, everyone, and happy Wednesday. We bring you a busy issue this morning with no single theme running through…
THIS EVENING: valU snaps up 100% of PayNas + Citi sees UK inflation jumping above 18% next year
Happy hump day, wonderful people. We have a slightly slower news afternoon to bring you today — a welcome breather…
CBE holds rates steady following Amer resignation
The Central Bank of Egypt (CBE) left interest rates on hold on Thursday, hours after Hassan Abdalla was appointed governor…
One of SODIC’s new owners just got a major new shareholder
Giant UAE firm wants to go long on EMs: Emirati firm International Holdings Co. (IHC) plans to invest bns of…
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