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Infrastructure 
USAID is giving us USD 125 mn in fresh development grants
Egypt is getting seven grants worth USD 125 mn from the US to support education, health and other development projects,…
World Bank okays USD 360 mn loan for Egypt’s post-covid recovery
We’re getting a fresh USD 360 mn World Bank loan: The World Bank has approved a USD 360 mn facility…
Egypt leaves rates on hold as CBE eyes Fed taper, inflation,
The Central Bank of Egypt (CBE) left interest rates on hold for an eighth consecutive meeting on Thursday amid rising…
THIS MORNING: COP26 starts tomorrow; GCC v Lebanon; Gas prices in Europe ease; Facebook is hoping a rebrand will make their problems go away.
Happy Halloween, boys and girls — and welcome to the final business day of October. The first week of November…
EBRD commits USD 25 mn to Ezdehar’s second fund
The European Bank for Reconstruction and Development (EBRD) will be a limited partner in Ezdehar’s Egypt Mid-Cap Fund II, joining…
Egypt needs to fix withholding tax calculation to get Euroclearable status
A tax calculation issue could be the reason behind slow progress on Euroclearable debt: An issue in how Egypt calculates…
IMF wants receipts on pandemic loans
The IMF is coming for receipts from pandemic-related loans, and the numbers aren’t adding up. From misappropriated funds in at…
With Cairo Water Week underway, what’s the latest in water infrastructure?
On the waterfront: Water infrastructure has been a key priority for the government in recent years, with ambitious aims to…
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