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UAE gives Turkey USD 4.9 bn helping hand to prop up the TRY
The UAE and Turkey signed a USD 4.9 bn, three-year currency swap agreement yesterday in a bid to prop up…
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THIS EVENING: Egypt registers EGP 3.2 primary surplus in 1H2021-2022 + South Korea’s President is in Cairo + UK inflation hit highest rate in three decades
Good afternoon, wonderful people. It’s been a pleasantly relaxing day for news after the insanity of this morning, so we…
The supply chain crisis was a lucrative headache for shipping companies + The UK is trying out the four-day work week
Who had a good outcome from the supply chain crisis? Shipping companies, who pocketed some USD 150 bn in net…
London bourse could partially open up to private firms + JPMorgan splurges on tech
The LSE could offer private firms special listings in bid to attract tech startups: Private companies could begin publicly trading…
THIS MORNING: Banks given green light to lend via mobile wallets; Pandemic vs. Endemic; US-Russia tensions rise
Good morning, wonderful people, and welcome to what’s shaping up to be a very busy news week. Let’s jump right…
THIS EVENING: EGX-listed Taaleem saw a 24% y-o-y increase in its bottomline in 1Q2021-22 + Local firms in line to receive a piece of APICORP and IsDB’s USD 1 bn Infra Initiative
It’s been refreshingly slow news day on the local front, ladies and gentlemen. However, we have plenty to read, bing…
THIS EVENING: Macro Group IPO gets green light from EGX listing committee + Egypt to dig for gold, other minerals in new industrial mining cities
You nearly made it to the weekend, ladies and gentlemen. And if you’re like us, we need it to get…
Prior common cold could protect against Omicron + Pfizer and Moderna race to produce omicron jabs
The Health Ministry reported 951 new covid-19 infections yesterday, up from 912 the day before. Egypt has now disclosed a…
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