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THIS EVENING: A look at the Madbouly government’s fiscal projections for 2024-2025
Good afternoon folks, and happy near-Thursday. The weekend is peeking over the horizon as more stories begin to flood our…
Electricity Ministry hikes electricity prices by up to 26%
The government is trying to phase out electricity subsidies by 2025
Gov’t is repricing services as it aims to meet IMF loan conditions, senior official says
The recent increase in the prices of various services will help ease the burden off the government’s already strained budget.
Securitization market grew 2x in 2023 amid financial services boom
The total value of securitized bonds issued in Egypt in 2023 is around EGP 96.1 bn
Egypt’s net foreign liabilities improve slightly in November
The country’s net foreign deficit shrank to USD 27 bn in November
2024 is already shaping up to be an expensive year as Egyptian regulators allow new price hikes
Mobile phone plans are being increased by up to 16%
2024 is already shaping up to be a busy year
Good morning, wonderful people. We have an issue packed with macro and business news for you this morning to start…
Central bank shuts 7 FX bureaus. PLUS: News on East Qantara Dry Port, EasyPay cards, capital gains tax, PE firms
The news slowdown continues, with not much happening on the home front. NBFS- CBE shuts down seven FX bureaus: The…
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