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CIRA to set up new language school in New Rashid
Private education outfit CIRA is planning to set up a language school in New Rashid, and is close to wrapping…
World Bank sees Egypt economy growing 4.5% in 2021-2022, down a bit from earlier projection
The World Bank has downgraded its growth projections for the Egyptian economy in the coming fiscal year, citing “sluggish” activity…
THIS MORNING: Final IMF tranche coming this month? Also: Palestine leaders in town for talks + another export subsidies rethink is in the works
Good morning, friends. There’s not a gram of fat in this morning’s issue — it’s a heavy news day with…
Rising US inflation a worry for emerging markets
Heightened inflation in the US is likely to spell trouble for emerging economies as rising yields squeezes countries with hefty…
TONIGHT: More info about the Unified Tax Act + Are sovereign sukuk coming our way? ALSO: it’s inflation week, and a French delegation of 18 companies is arriving tomorrow.
It’s the unofficial fiscal policy issue this afternoon, ladies and gentlemen, as a number of key Finance Ministry-drafted taxation and…
More natgas microbuses are coming
Owners of microbuses that are 20+ years old will be able to apply for the first phase of the government’s…
Goldman says CBE could cut rates this month + reserves were up in May
The Central Bank of Egypt (CBE) can afford to cut rates by as much as 50 bps at its meeting…
Current account under the spotlight as economy continues to recover from covid
Remittances to Egypt rose 10% y-o-y in the first five months of 2021, Planning Minister Hala El Said said in…
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