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THIS MORNING: Banks given green light to lend via mobile wallets; Pandemic vs. Endemic; US-Russia tensions rise
Good morning, wonderful people, and welcome to what’s shaping up to be a very busy news week. Let’s jump right…
THIS EVENING: EGX-listed Taaleem saw a 24% y-o-y increase in its bottomline in 1Q2021-22 + Local firms in line to receive a piece of APICORP and IsDB’s USD 1 bn Infra Initiative
It’s been refreshingly slow news day on the local front, ladies and gentlemen. However, we have plenty to read, bing…
Mining “cities” and Egypt’s first gold refinery coming soon -El Molla
Egypt plans to develop industrial mining “cities” for the extraction of gold, copper, and phosphate, Bloomberg Asharq quoted Oil Minister…
Meeza card rollout for gov’t workers set to wrap up end-Jan
Meeza cards to replace all gov’t payroll cards by the end of January: Around 4.3 mn public sector workers will…
Private sector strategy cometh?
A shot in the arm for private sector participation in the economy? The government is preparing a strategy to enhance…
Get ready for Sovereign Sukuk Act exec regs
Sovereign Sukuk Act exec regs about to drop? The government is looking to finalize the executive regulations of the Sovereign…
First look at next fiscal year’s budget
The Finance Ministry is penciling in 5.7% growth for its FY2022-2023 state budget, Finance Minister Mohamed Maait said in a…
TONIGHT: Parliament had a busy day before the long weekend. Plus: IMF’s World Economic Outlook postponed to account for omicron
Mabrouk, ladies and gents. You made it through the first (albeit abridged) workweek of the year. Merry Christmas to everyone…
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