Italy installs six grain storage silos after cancelling 100 million USD in debt owed by Egypt
Italy installs six grain storage silos after cancelling 100 million USD in debt owed by Egypt. The Italian Ambassador to Cairo, Michele Quaroni, announced…
Egypt: Presidential vote scheduled for Dec 10-12
Egypt: Presidential vote scheduled for Dec 10-12. The authority will receive requests for candidacy between 5-14 October, with the final list of candidates announced…
EGX Launches secondary market for treasury bills to boost transparency and attract investors
EGX Launches secondary market for treasury bills to boost transparency and attract investors. Egypt’s EGX has opened a secondary market for trading treasury bills,…
“Higher for longer” was the dominant theme that reverberated across global markets this week
Egypt put under negative review in JPMorgan bond index
Egypt put under negative review in JPMorgan bond index. JPMorgan said Egypt’s eligibility will be on review for three to six months, due to…
As Zilla Capital Expected, the Central Bank of Egypt kept the interest rates unchanged last Thursday
As Zilla Capital Expected, the Central Bank of Egypt (CBE) kept the interest rates unchanged last Thursday, following the Federal Reserve’s decision to leave…
PickAlbatros to invest 140 million USD in Morocco within 2 years
PickAlbatros to invest 140 million USD in Morocco within 2 years. Pickalbatros Group is planning to invest 140 million USD in Morocco within two…
Chevron to pump 3 billion USD into Narges field development over 2 years
Chevron to pump 3 billion USD into Narges field development over 2 years. The US-based Chevron will inject initial investments worth 3 billion USD…
SCZONE seeks to secure 30 billion EGP loan from local banking consortium
SCZONE seeks to secure 30 billion EGP loan from local banking consortium. The General Authority for Suez Canal Economic Zone (SCZONE) is planning to…
