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THIS EVENING: AP Moller signs USD 500 mn investment agreement + US gas prices finally cool off
Good afternoon, friends, and a very happy THURSDAY to us all. It’s another relatively calm end to the week —…
Electricity curbs dominates the conversation on the airwaves
The Madbouly government’s plan to cut back on electricity consumption was all the talking heads could jabber about last night,…
In a hunt for foreign currency, we’re going to ration electricity
Egypt will begin cutting back on electricity consumption nationwide from next week in a bid to redirect more natural gas…
Food prices see biggest monthly fall since October 2008
Global food prices fall most since 2008 in July: Food prices fell for the fourth consecutive month in July as…
THIS MORNING: Mohamed Farid named new FRA chief; The EGX rally continued for a fourth day yesterday
Good morning, friends. We’re going to start this morning’s edition with a brief report from: THE DEPT. OF GOOD NEWS-…
Gazprom doesn’t look like it’s about to increase gas flows to Germany
Germany accuses Russia of stalling the return of normal gas flows to the country: The malfunctioning turbine that Russia has…
Is Russia using Egypt to export its crude? Plus: El Sisi establishes disability fund
Russia appears to be using Egypt as a transit route to sell its crude, ahead of the introduction of western…
EMs trade bonds for bank loans + BP, Uber report strong 2Q earnings growth
Emerging markets are turning to syndicated loans after being effectively shut out of bond markets due to heightened commodity prices…
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