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THIS EVENING: Egypt is in for USD 400 mn in budget funding from UK
Good afternoon, folks, and happy Monday. We hope the heat wave isn’t wearing you out as we reach the mid-way…
Central bank’s net foreign asset deficit falls to lowest level in over two years
A steep drop in the central bank’s net foreign asset deficit dominated talk shows last night, but the nation’s talking…
Ajlan & Bros could invest USD 1.5 bn in tourism project in Ras Gamila
The Saudi company also eyes stakes in several state-owned companies offered in the privatization program
Another USD 820 mn coming our way from the IMF
Admit it — you’re a bit grumpy right now. Relieved, maybe. But in a mood. A funk. Just … out…
SDX Energy sells its 50% stake in West Gharib concessions in Egypt exit. PLUS: State pays oil arrears, Tahya Misr 1 terminal online in 2025, Heliopolis Housing shortlists development partners
The company is also in the process of selling its assets in South Disouq
Gov’t eyes increasing the average term of its securities to 4.5-5 years
The government will also continue to work on lowering its debt servicing costs
Madbouly government cuts privatization program targets for the year
Finance Minister Mohamed Maait said that the government was looking to raise some USD 6.5 bn as recently as February
IMF wants Egypt to accelerate pace of reform
Good morning, friends, and welcome to a holiday-shortened week as we prepare for the three-day weekend starting this Thursday in…
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