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Egypt to raise budget contingency reserves to 5% as geopolitical risks mount
Kouchouk is building a liquidity moat to protect energy and food subsidies against global volatility
Gov’t targets reducing financing gap to 9% by FY 2028/29 under new public debt strategy
Good afternoon, friends, and congratulations on making it to the weekend. It’s been a packed week in the press, and…
Egypt moves to shrink oil arrears to USD 1.2 bn by end of June
The country wants to prevent arrears from piling up again, signaling that intention to keep the investment cycle intact despite…
Finance Ministry adds eight new reforms to tax package to hit EGP 3 tn revenue goal
Among the key measures is the introduction of a mobile-based electronic receipt system
Oil Ministry plans to clear USD 500 mn in arrears by May
Good afternoon, ladies and gentlemen, and happy almost-weekend. The news cycle isn’t showing any signs of slowing down, and we’ve…
Cabinet activates preemptive economic shield amid global energy shock
The government is slashing the state budget and ramping up the social safety net as global prices skyrocket to USD…
The government is rolling out new waste-to-energy projects across the country
With coal prices skyrocketing, the government is rolling out 40 new investment offerings to turn municipal waste into cheap, low-carbon…
FinMin seeks new hedges to protect budget as EGP hits 53 per USD
Good afternoon, friends. It’s another restless day in the press — both at home and abroad — as the regional…
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