Insights MENA
  • Egypt Interior Ministry warned about an American website, named "GCL Internet Services", which has been apparently offering e-visas to Egypt at double the official price. To read more about Issue 208 
  • Standard Chartered Bank ranked the Egyptian economy 7th on the list of the world top ten economies by 2030. The bank reported that the Egyptian economy expected size is about 8.2 TR USD and would be ahead of Russia, Japan, and Germany. To read more about Issue 209 
  • Egypt signed a 1.2 BN USD (21.49 MM EGP) agreement with the Export-Import Bank of China(EXIM) for financing an electric train of 68 km long linking connecting the 10th of Ramadan city to the new administrative capital. To read more about Issue 210
  • Egypt was ranked 8th in 2019 World Men's Handball Championship following loss to Spain 36-31 in Denmark. Overall, the pharaohs won three, drew twice and lost four games at this championship. To read more about Issue 211
Insights Africa
  • Bank of Uganda reported that the country is presently enjoying trade surplus with all its neighbors' countries (Kenya, Tanzania, etc) due to improved agricultural productivity and stable macro-economic conditions. To read more about Issue 1
  • Sudanese President Omar Al-Bashir has refused a request by Kenya national air carrier to fly over Sudan airspace on a direct route from Nairobi to the Israeli capital city of Tel Aviv. To read more about Issue 2
  • Kenya is the 3rd most preferred startup investment destination in Africa in 2018, attracting a total of 73 deal safter South Africa and Nigeria which saw 107 and 136 agreements signed respectively. To read more about Issue 3
  • The World Bank has approved a credit facility of about 26.5 MM USD to help Zambia boost its electricity supply especially in rural parts of the country. To read more about Issue 4
  • South Africa and Namibia have signed a fisheries Memorandum of Understanding (MoU), outlining how they will work together in various matters within the fisheries space as the two countries share a border. To read more about Issue 5
Snapshot

Palladium prices like other precious metals depend on the supply and demand of palladium in the market. Palladium prices have been performing well in 2018 , however it has seen a strike at the end of 2018 due to its shortage relative to its available supply reaching a 50% increase in prices in four months. This jump in Palladium prices led to making it times more expensive than gold w hich is a very rare incident. 
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