Gov’t is courting Australian mining firms to enter the local gold sector

Good morning, folks.

And plumbing is the theme today.

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The Mineral Resources and Mining Industries Authority (MRMIA) is in talks with several Australian mining companies about investing in Egypt for the first time

The targets: to 5-6%

REFRESHER- aerial mineral survey exploration bid

A drink from the sea

Three desalinatio n plants incoming: was quoted as saying

The water gap: earlier this year 129 desalination plants public-private partnership desalination program

The new EGX stamp tax takes effect this month

REMEMBER- last month

WEATHER- It’s another warm day in Cairo today

It’s breezier in Alexandria

USD 14.6 bn — that’s our current account deficit in 9M FY 2025/26 press release (pdf)

The big story abroad

It’s a quiet Monday mor ning on the global front pages

The US military launched fresh strikes on Iran Rejecting reported explosions

Iran launched at least three waves of missiles and drones at Gulf nations

Oil markets jolted: up

*** It’s Blackboard day: