What we’re tracking on 12 May 2020
Some good news to get us over the midweek hump: The International Monetary Fund has approved USD 2.77 bn in…
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Some good news to get us over the midweek hump: The International Monetary Fund has approved USD 2.77 bn in…
The EGX30 slipped back into the red yesterday, closing down 1.5% to resume a spell of volatility that has gripped…
We’re going to start this morning with a global headline that sends a big signal to the global economy —…
EARNINGS WATCH- EFG Hermes’ net profit surged 36% in 2019 to EGP 1.38 bn from EGP 1 bn a year…
We were going to rejoice that it is Thursday, but then we remembered that flights into and out of Egypt…
DISPUTE WATCH- Market regulator mulls moving a lawsuit against Adeptio chairman: The Financial Regulatory Authority (FRA) is considering filing charges…
M&A WATCH- Suez Cement to offload stake in Kuwait’s Hilal Cement after reporting EGP 1.2 bn loss: Cement producer Suez…
Egypt goes on diplomatic offensive to build Arab support for its GERD position: Foreign Minister Sameh Shoukry travelled to Jordan…
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