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Last Night’s Talk Shows: EFG Hermes and due diligence on NBFS acquisitions + Ukraine
There was a fair amount of business news on the airwaves last night, triggered by new rules on non-bank acquisitions…
THIS MORNING: Did war just break out in Ukraine? + there are 103 mn of us now
A raft of good business news here at home on this fine morning — 2022.02.22 for those of you keeping…
Last Night’s Talk Shows: What the Ukraine crisis means for our tourism industry
The number of Ukrainian visitors to Egypt has declined about 20-25% since the start of the year, Tourism and Civil…
We just bought tons of Romanian wheat in a packed tender — even though Ukraine’s bid was cheaper
The General Authority for Supply Commodities (GASC) just bought 180k tons of Romanian wheat for April shipment in a tender…
THIS EVENING: Zombie cement factory brought back online + El Sisi attends AU-EU summit in Brussels. Plus: Tensions are flaring up between Russia and Ukraine
Good afternoon, wonderful people. It’s the end of a week that passed in excruciatingly slow fashion, despite being chock-full of…
9% economic growth, hedging wheat, and privatization get air time in PM’s presser
Egypt’s economy grew at a 9% clip in 1H2021-2022, with 8.3% growth during the second quarter of the current fiscal…
THIS EVENING: Egypt’s economy grew 9% 1H2021-2022 + Consortium in talks to build USD 1.5 bn desalination plant + Egypt gets USD 1.5 bn funding for diesel production
The race to the weekend is in full swing, ladies and gentlemen. It’s a busy Wednesday afternoon, with a very…
THIS EVENING: Unemployment is down + El Sisi heads to Brussels for EU-AU summit. Plus: The beginning of the end for Russia v Ukraine
Happy hump day, ladies and gentlemen. As we expected, the news flow is picking up this afternoon, with a solid…
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