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What we’re tracking on 16 April 2020
It’s a relatively quiet news day in Egypt as we slide into a holiday long weekend. Banks and the EGX…
US stocks suffer worst week since 2008 as global economic outlook darkens
US equities suffered their worst week since 2008 last week as the financial and economic consequences of the covid-19 outbreak…
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…
Global markets suffer worst day’s trading since the 2008 crash
Global markets suffer worst day’s trading since the 2008 crash: US and European stock markets saw their worst single-day losses…
Global stocks rebound on stimulus hopes
Global stocks rebound on stimulus hopes: US stocks surged yesterday on hopes that central banks around the world will launch…
What we’re tracking on 19 January 2020
President Abdel Fattah El Sisi is in Berlin for the Libya peace conference, which kicks off today. A summit in…
What we’re tracking on 28 November 2019
Good morning, friends, and Happy Thanksgiving to our American readers — as well as to folks who are simply declaring…
US recession indicator flashes red as weak economic data triggers global stock sell-off
US recession indicator flashes red as weak economic data triggers global stock sell-off: Financial markets recoiled yesterday as poor German…
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