• Tuesday, 12 January 2021

    What we’re tracking on 12 January 2021

    Happy hump day, everyone. It’s the first day of the brand new parliament today — and the first order of business is to choose a speaker. Ali Abdel Aal faces challengers in his bid to return as speaker, as does...
  • Sunday, 3 January 2021

    What happened internationally in 2020

    2020 in review on the global fronts — rethinking portfolios, Fed stimulus, tech, and ESG: Bloomberg recapped the trends of one of the most interesting years in global investing that challenged the relationship between stocks and bonds, and the resilience...
  • Monday, 28 December 2020

    Changing the way we think about education

    Education without schools: This year has been a challenge for students, teachers, and parents as the pandemic caused perhaps the biggest global disruption to education ever. More than 1.5 bn children lost out on valuable teaching time as schools closed,...
  • Tuesday, 22 December 2020

    Enterprise Explains: Mobile Wallets

    The use of digital wallets (or e-wallets) has surged in recent years as innovation continues to change the payments landscape. The trend gained steam in 2020, with the pandemic creating a boom in demand for  digital financial services — especially...
  • Sunday, 20 December 2020

    Also on our radar on 20 December 2020

    Egypt needs to cancel dutyfree access for imported cars if it wants to encourage domestic car assembly and become a regional export hub, Nissan managing director for Africa Mike Whitfield told the Africa Report. While fully assembled vehicles from the...
  • Thursday, 17 December 2020

    What the markets are doing on 17 December 2020

    The EGX30 fell 0.7% yesterday on turnover of EGP 1.5 bn (9.5% above the 90-day average). Foreign investors were net sellers. The index is down 21.3% YTD.In the green: Sidi Kerir Petrochemicals (+1.8%), Ezz Steel (+1.3%) and EFG Hermes (+0.4%).In...
  • Wednesday, 16 December 2020

    Around the world for 16 December 2020

    The US has slapped its NATO ally Turkey with sanctions over the purchase of Russian missiles, effectively denying Ankara’s state arms buyer, the Defense Industries Directorate (SSB), access to US financial institutions, US Secretary of State Mike Pompeo said in...
  • Tuesday, 15 December 2020

    Go online or lose your export subsidy

    Looking to get export subsidies? Register on the Tax Authority’s electronic invoicing system before July, Tax Authority boss Reda Abdel Kader said, according to Al Shorouk. The move is in line with a recent cabinet decision banning local authorities from...
  • Tuesday, 15 December 2020

    Go online or lose your export subsidy

    Looking to get export subsidies? Register on the Tax Authority’s electronic invoicing system before July, Tax Authority boss Reda Abdel Kader said, according to Al Shorouk. The move is in line with a recent cabinet decision banning local authorities from...

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