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NBE wants to borrow USD 1.5 bn from int’l lenders in 2022
The National Bank of Egypt (NBE) is in the market to borrow USD 1.5 bn from international institutions next year,…
THIS MORNING: Egypt hasn’t yet joined more than 100 countries signing methane reduction and deforestation pledges
It’s a brisk news day here in Omm El Donia, where the big story is that we have not signed…
World Bank okays USD 360 mn loan for Egypt’s post-covid recovery
We’re getting a fresh USD 360 mn World Bank loan: The World Bank has approved a USD 360 mn facility…
THIS MORNING: New real estate industry regs in the works? Plus: IMF’s Kristina Georgieva gets a reprieve.
Good morning, wonderful people, and welcome to hump day. We had crazy thunder and lightning overnight, accompanied by light rain.…
Fuel prices are up by as much as 3.7%
Fuel prices are up for the third time this year: The government’s fuel pricing committee raised the price at the…
TONIGHT: Oil rises ahead of OPEC+ meeting; Pandora Papers leaks lead foreign press coverage; Brinksmanship on Capitol Hill; Sense scientists win Nobel Prize.
Good afternoon, everyone, and welcome to a crazy-busy news day, with plenty of investment, M&A and taxation news. There’s a…
TONIGHT: Auto sales up in August; EgyptAir completes maiden flight to Israel; Georgieva in trouble; OPEC+ could increase production; Global economy faces headwinds.
We’re kicking off a shortened workweek today, with the nation getting Thursday 7 October off in observance of Armed Forces…
Europe’s gas debacles seem to only get worse
The latest in the European natgas crisis blame game: The International Energy Agency (IEA) has said that Russia should increase…
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