Egypt to inaugurate Grand Egyptian Museum in November
Egypt to inaugurate Grand Egyptian Museum in November. Egypt is set to finally inaugurate the Grand Egyptian Museum in November. The Grand Egyptian Museum…
Policymakers and business need to adapt better to structural uncertainty
Egypt’s economy will grow at a 4.5% in FY 2023-2024
Egypt’s economy will grow at a 4.5% in FY 2023-2024, with growth expected to come in at 4.0% in the current fiscal year, according…
Daylight savings is coming this Friday
Daylight savings is coming this Friday. Friday, 28 April, will be the first day of daylight savings — our first since 2016 — which…
The Kuwait Investment Authority is not involved in a potential stake acquisition in United Bank
The Kuwait Investment Authority is not involved in a potential stake acquisition in United Bank. United Bank is part of the Madbouly government’s rebooted…
Egypt: Alarming gas output decline highlighted By Zohr slump
Egypt: Alarming gas output decline highlighted By Zohr slump. Gas output from Eni’s giant Zohr gas field dropped 11% y-o-y to 2.5 bn cfd…
CIB’s London-listed CDs signal expected EGP devaluation
CIB’s London-listed CDs signal expected EGP devaluation. The London-listed securities of Commercial International Bank (CIB) are indicating expectations of another devaluation of the Egyptian…
Cabinet approves additional incentive for wheat farmers
Cabinet approves additional incentive for wheat farmers. The Egyptian cabinet approved an additional incentive to supply wheat from farmers for the 2023 season, bringing…
Swvl is considering acquisition and partnership offers from investors as it tries to avoid being delisted from the Nasdaq Stock Exchange
Swvl is considering acquisition and partnership offers from investors as it tries to avoid being delisted from the Nasdaq Stock Exchange. Swvl received its…
Egypt’s annual headline urban consumer price inflation accelerated marginally in March to 32.7%, from 31.9% in February
Egypt’s annual headline urban consumer price inflation accelerated marginally in March to 32.7%, from 31.9% in February. This acceleration came on the back of…
