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Infrastructure 
Unemployment flat quarter-on-quarter in 2Q2021
Egypt’s unemployment rate was largely flat in 2Q2021 at 7.3%, improving just 0.1 percentage points from the preceding quarter, according…
Egypt receives second tranche of USD 639 mn loan from Arab Monetary Fund
Egypt has unlocked the second tranche of a USD 639 mn loan from the Arab Monetary Fund (AMF) approved in…
TONIGHT: NIB is not being liquidated. + NMC admin gets ready to exit. ALSO: The football leagues are back this weekend.
Well, friends, we’ve made it through another week together — we wish you all a phenomenal long weekend with family…
Did hackers just pull off the largest crypto heist in history?
Crypto criminals pull off USD 600 mn heist: The decentralized finance (DeFi) platform PolyNetwork may have been hit with the…
Inflation hits 2021 high but still rises below expectations
Annual urban inflation accelerated in July on the back of rising energy and food prices, according to official figures from…
Egypt-based payroll platform Dopay is now Bank ABC Egypt’s banking agent
Egypt-based fintech startup Dopay will offer its digital payroll solutions to Bank ABC corporate clients after obtaining an agent banking…
Oil price drop hits Kuwait’s finances + Nike and Adidas face supply chain crisis
Kuwait in trouble after oil price drop: Kuwait’s budget deficit almost tripled last year as the 2020 oil price crash…
THIS MORNING: Russian flights to the Red Sea return today
Good morning, wonderful people, and welcome to a fairly typical Monday on this holiday-shortened week. IT’S A BIG DAY FOR:…
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