• Tuesday, 14 July 2020

    What we’re tracking on 14 July 2020

    It’s a busy but unremarkable morning for news here in Omm El Donia, with no single story dominating the front pages as corporate Egypt looks ahead to two long weekends starting next week and MPs pine for summer vacation. (It...
  • Wednesday, 8 July 2020

    Egypt tops MENA FDI charts in 2019 with USD 13.7 bn

    Egypt was the top destination in MENA for FDI last year: Egypt attracted USD 13.7 bn worth of foreign direct investments(FDI) in 2019, putting it atop the Middle East and North Africa region league table, according to a report from...
  • Sunday, 5 July 2020

    Mashreq Bank managing USD 360 mn loan for Evergrow’s fertilizer project in Sadat city

    The UAE’s Mashreq Bank is reportedly arranging a USD 360 mn facility for Evergrow Speciality Fertilizers to restructure its debt and complete the third phase of its fertilizer plant in Sadat City, Al Shorouk says, citing unnamed sources. The newspaper...
  • Thursday, 25 June 2020

    Shipping line now connects Ain Sokhna to UAE's Jebel Ali

    The Saudi Ports Authority launched yesterday the first direct shipping line connecting Ain Sokhna Port to the UAE’s Jebel Ali Port, in partnership with Dubai-based DP World, the Saudi Gazette reports. The shipping line runs through the Jeddah Islamic Port.
  • Thursday, 25 June 2020

    What we’re tracking on 25 June 2020

    Welcome to Thursday, ladies and gentlemen. We hope the day passes productively and uneventfully — and that you’re all looking forward to a very relaxing weekend. Two big stories eclipse all other headlines today: The IMF thinks the global recession...
  • Monday, 22 June 2020

    Egypt in the News on 22 June 2020

    Egypt signaling it could intervene in Libya is still leading the conversation in the foreign press this morning. The National notes Saudi Arabia, the UAE, and Bahrain backing Egypt’s right to stage a military intervention to protect its borders if...
  • Sunday, 21 June 2020

    EBRD to provide CIB with USD 100 mn to support SMEs impacted by covid-19

    DEBT WATCH- EBRD to provide CIB with USD 100 mn to support SMEs impacted by covid-19: The European Bank for Reconstruction and Development (EBRD) will provide the Commercial International Bank (CIB) with a USD 100 mn loan for on-lending to...
  • Thursday, 11 June 2020

    What we’re tracking on 11 June 2020

    Good morning, friends, and welcome to the end of the workweek at a time of year when we would normally be thinking thoughts of summer vacation at home and abroad. Beaches at home are still closed and we’re not leaving...
  • Thursday, 4 June 2020

    What we’re tracking on 4 June 2020

    We have a little bit of good news this morning for a change. Okay, okay, some of it only qualifies as neutral, but given the circumstances we’ll take it: The covid-19 new case and death counts are down this morning....

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