• Sunday, 13 December 2020

    Around the world for 13 December 2020

    The US Supreme Court has dismissed the latest challenge by supporters of Donald Trump hoping to undo Joe Biden’s presidential victory last month, throwing out a case brought by the state of Texas challenging the election results in four battleground...
  • Thursday, 10 December 2020

    Around the world on 10 December 2020

    IN DIPLOMACY: We’re signaling we’re probably okay with bringing Qatar in from the cold. Foreign Minister Sameh Shoukry praised progress that could lead to a reconciliation between Qatar and the Arab Quartet, but said that any agreement must be “clear...
  • Thursday, 10 December 2020

    Sinopharm’s jab is 86% efficient, and we _could_ have it as early as next month

    The Health Ministry reported 421 new covid-19 infections yesterday, down from 434 the day before. Egypt has now disclosed a total of 119,702 confirmed cases of covid-19. The ministry also reported 19 new deaths, bringing the country’s total death toll...
  • Wednesday, 9 December 2020

    What the markets are doing on 9 December 2020

    The EGX30 rose 0.2% yesterday on turnover of EGP 1.6 bn (27.4% above the 90-day average). Foreign investors were net sellers. The index is down 21.1% YTD.In the green: Dice (+15.0%), Egyptian Iron & Steel (+4.5%) and Export Development Bank...
  • Sunday, 6 December 2020

    What we’re tracking on 6 December 2020

    Good morning, nice people, and welcome to another workweek. We have a packed issue this morning, so let’s get right to it. It remains all covid, all the time on the world’s front pages as covid sweeps the United States...
  • Sunday, 29 November 2020

    News from around the world on 29 November 2020

    Somebody really wants to make something happen in the final days of Trump’s presidency. A prominent Iranian scientist and former head of the country’s nuclear program was gunned down outside Tehran on Friday, the Associated Press reports. Iran vowed not...
  • Sunday, 29 November 2020

    GCC wealth funds eye USD 700 mn Amoun Pharma acquisition

    Amoun Pharma could be the target of a joint acquisition bid by the Emirati and Saudi sovereign wealth funds, who are said to be eyeing Bausch Health’s unit in Egypt as part of a larger, longer-term partnership, according to a...
  • Wednesday, 18 November 2020

    Egypt entered the crisis strong, and will come out even stronger -Al Mashat

    What doesn’t kill you makes you stronger— This was the key message relayed by International Cooperation Minister Rania Al Mashat who spoke of the Egyptian economy’s resilience through covid during a panel discussion at the Bloomberg New Economy Forum (watch,...
  • Tuesday, 10 November 2020

    What we’re tracking on 10 November 2020

    Good morning, wonderful people. We’re going to lead with the same thing everyone else in the world is trumpeting this morning, in one way or another: We just took a big step toward an effective vaccine against covid-19. But don’t...

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