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THIS MORNING: It’s interest rate day
Happy Thursday, ladies and gentlemen. Thankfully, yesterday’s pacy newsflow has slowed a little as we roll on into the weekend…
THIS EVENING: More investments coming our way from KSA + UK inflation hit a 40-year high of 9.1% in May
Good afternoon, wonderful people. We’re officially in that sweet, sweet slide towards the weekend — and our reward (or punishment,…
The global financial mood has well and truly turned
Time to batten down the hatches: The business press is warning of coming storms on all fronts. Investors should prepare…
Fitch slashes Egypt’s GDP growth forecast for next fiscal year by more than 1 point
Fitch has cut Egypt’s GDP growth forecast for FY2022-2023 to 4.4% from a prior projection of 5.5%, saying the economy…
Last Night’s Talk Shows: Food prices are set to rise again + We’ll be frying some more of our own oil
Leading the airwaves yesterday: Watch out for (yet more) rises in commodities prices as the war in Ukraine continues to…
Our Russian wheat imports jumped 84% March-May + We’ve started receiving funding from the ITFC
Egypt’s imports of Russian wheat climbed 84% y-o-y in the three months from March to May despite disruption caused by…
CBE to leave rates on hold at 23 June meeting -POLL
The Central Bank of Egypt (CBE) is likely to leave interest rates unchanged this week despite rising inflation and accelerating…
More silos as food moves up the COP27 agenda
We’re about to get another 30k tons of wheat storage capacity: Italy is building six new field silos at a…
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