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No ceasefire in sight + S&P downgrades Egypt’s sovereign credit rating to B- from B.
Good morning, friends. We hope this Friday treats you well. Our week’s business news cycle has been bearish as the…
Emaar eyeing up state-owned New Alamein towers. Plus: PFI-owned Red Sea global looks toward Egypt
The Emaar chairman stated that the company is committed to making further investments in the country
Egypt targets USD 25 bn in annual FDI in 5 years -GAFI head
The green energy sector is expected to receive more than USD 50 bn over the coming decade
S&P cuts three local banks credit rating days after downgrading sovereign rating
The rating agency cut Egypt’s sovereign credit rating deeper into junk last week due to the increasing FX shortage and…
IMF chief warns of economic toll of Gaza war, humanitarian crisis deepens as fuel supplies run out
Plus: El Sisi meets Macron and Israel’s war on the UN
Last Night’s Talk Shows on the conflict in Gaza
Last night's talk shows gave considerable coverage to last night’s Security Council meeting on the ongoing conflict in Gaza
Cabinet renews upcoming Samurai issuance approval, renewable energy decisions
The Finance Ministry is prepping a USD 500 mn JPY-denominated bond issuance for next month
Tax incentives and policy stability will be hallmarks of FinMin’s upcoming tax policy framework
The document outlines the Finance Ministry’s plans for tax reform to encourage FDI and reassure investors
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