Mirette Magdy
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UAE’s $35 Billion Egypt Deal Marks Gulf Powers’ Buying Spree
The guests were more circumspect. More than a dozen high-level officials from the United Arab Emirates wearing flowing white robes arrived for a private dinner, led by a security detail that cordoned off the restaurant, according to four people who were there and requested anonymity to discuss a private gathering
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IMF Sees OPEC+ Oil Output Lift From July In Saudi Economic Boost
The International Monetary Fund expects OPEC and its partners to start increasing oil output gradually from July, a transition that’s set to catapult Saudi Arabia back into the ranks of the world’s fastest-growing economies next year.
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Egypt Is Closer To Ending Devaluation Of Year’s Wildest Currency
Trading volumes on Wednesday surged to about $831 million, according to Citigroup.
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Ship Refloated After Running Aground in Egypt’s Suez Canal
Tugs are trying to refloat the M/V Glory, Soren Andersen, a manager at Leth Agencies, said by phone.
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World Cup Handshake Marks New Breakthrough In Egypt-Turkey Feud
Egypt and Turkey have had frosty relations for much of the past decade after the 2013 military-backed uprising
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COP27 Latest: Al Gore Says Markets Are More Powerful Than GOP
We’re seeing a massive movement toward more climate friendly policies, Gore said during an interview in Egypt.
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COP27 Latest: Al Gore Says Markets Are More Powerful Than GOP
We’re seeing a massive movement toward more climate friendly policies, Gore said during an interview in Egypt.
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Egypt’s Barren Fields Are Dire Bellwether For Climate Summit
The host of COP27 is already living in the hotter future that world leaders are trying to avoid.
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Egypt Names Veteran Financier As Acting Central Bank Chief
Egypt named Hassan Abdalla, the chairman of one of the country’s largest media groups, as acting central bank governor.
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Goldman’s $15 Billion View Of Egypt IMF Needs Too High For Maait
Goldman Sachs has estimated that Egypt may need to secure a $15 billion package from the IMF.
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First Abu Dhabi Bank Said to Pull EFG Bid Over Regulatory Delays
UAE Lender First Abu Dhabi Bank Pulls Bid for Egypt’s EFG-Hermes
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Egypt’s Foreign Reserves Fall as War Pressures Nation’s Finances
Egypt’s Foreign Reserves Fall as War Pressures Nation’s Finances
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Egyptian Economy Displays Damage From Inflationary Pressure
Egyptian Economy Displays Damage From Inflationary Pressure
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Gulf States Eye Egypt Power Plant, Fuel Firm in Investment Surge
Gulf States Eye Egypt Power Plant, Fuel Firm in Investment Surge
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Saudi Arabia Joins Egypt’s Gulf-Cash Influx With $15 Billion
Saudi Arabia Makes $5 Billion Deposit in Egypt Central Bank
