• Sunday, 22 August 2021

    Second time lucky

    You may now breathe: The Ever Given returned to the Suez Canal at the weekend and managed to avoid sending the global trading system into anaphylactic shock. The massive ship — which famously blocked the canal for six days in...
  • Thursday, 19 August 2021

    How coffee came to dominate the world

    The history of your morning best friend: The second most-traded commodity on Earth, coffee is an essential component of modern human life. This humble bean has shaped everything from where and how we socialize to how effectively we’re able kick...
  • Tuesday, 17 August 2021

    THIS MORNING: Thanaweya Amma results today + Hedge funds on the up

    Good morning, wonderful people. That change in the air? It’s the beginning of the end of summer. Families are starting to gear up to send their kids back to school. Corporate chieftains, meanwhile, contemplate the idea that they have only...
  • Monday, 16 August 2021

    UAE national company lands dredging contract for Damietta port

    Some things we’re keeping an eye on this morning: The UAE’s National Marine Dredging Company has been awarded a AED 290 mn contract for dredging work at Damietta Port, the company said in a disclosure (pdf) to the Abu Dhabi...
  • Thursday, 5 August 2021

    The ACI carrot

    Finance Ministry rolls out new financial incentives for registering for the ACI: In a bid to incentivize importers, multinationals, and foreign companies selling goods to Egypt through seaports to register during the ACI’s pilot phase, companies that register to join...
  • Tuesday, 27 July 2021

    Food exports rise in 1H2021

    The value of Egypt’s food exports’ increased 13% y-o-y during 1H2021, reaching USD 2 bn against USD 1.8 bn in the same period last year, according to figures released by the Food Export Council yesterday. Food accounted for 13% of...
  • Tuesday, 27 July 2021

    Egyptian economy to grow 5% this fiscal year -Reuters poll

    Egypt will grow at a 5% clip in FY2021-2022, according to a Reuters survey of analysts and economists. The figure is the same as expected by analysts in a similar poll by the newswire in April, but is slightly below...
  • Monday, 26 July 2021

    Covid, natural disasters heap pressure on global supply chains

    “A perilous moment for supply chains”: That’s the prognosis of one shipping insider as a resurgence in global covid cases and a series of natural disasters heaps pressure on supply chains, Reuters reports. Floods in China and Europe, covid outbreaks...
  • Sunday, 25 July 2021

    Non-oil exports jump by 23% in 1H2021

    Non-oil exports increased by 23% y-o-y in 1H2021, reaching USD 15.4 bn compared to USD 12.5 bn in 1H2020, Trade and Industry Minister Nevine Gamea said in a statement.Exports doubled in 2Q2021? Central bank figures released last month showed non-oil...

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