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THIS MORNING: Shoukry + El Molla at Davos; MbS in Egypt next month
Good morning, wonderful people, and welcome to another very heavy news day in which business news again tops our tl;dr…
Rising oil import prices could cancel out gas export gains -El Molla
Egypt’s rising oil import bill could cancel out any gains from higher gas export revenues this year, Oil Minister Tarek…
Africa energy transition plan to launch at COP 27
Egypt is working on an energy transition plan for Africa alongside the African Union which will be launched during the…
Rising wheat and oil prices will hit budget in Egypt, ministers say
Rising global wheat prices could cost the government an additional EGP 15 bn this fiscal year, Finance Minister Mohamed Maait…
The EU wants more of our gas
Egypt has held talks with the EU over shipping more natural gas to Europe amid growing concerns that conflict in…
Old Mutual makes a bid for Lekela as Actis plots exit
Pan-African financial services outfit Old Mutual is bidding for Actis’ 60% stake in Lekela Power through its African Infrastructure Investment…
We could see a slice of the EU’s new investment plan for Africa + EBRD signs off new Egypt country strategy
EU drafts EUR 20 bn investment plan in Africa — and some of it could head our way: The European…
Last Night’s Talk Shows: Our re-entry to the JPMorgan EM bond index + Arab Gas pipeline timeline
Dominating the conversation on the airwaves last night: Our re-inclusion in JPMorgan’s emerging markets bond index, the benefits of which…
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