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EBRD sees Egypt’s economy growing 3% next fiscal year after “sharp” slowdown in 2020
EBRD sees Egypt’s economy growing 3% next fiscal year after “sharp” slowdown in 2020: The European Bank for Reconstruction and…
Egypt wants USD 9 bn in funding from IMF + other int’l lenders
Egypt is lining up another USD 9 bn from int’l lenders to plug budget deficit, shore up reserves: The Madbouly…
Last Night’s Talk Shows for 13 May 2020
‘Ala Mas’ouleety host Ahmed Moussa had the floor to himself last night, airing interviews with central bank deputy governor Ramy…
What we’re tracking on 14 May 2020
It’s big news morning to end the workweek week as we all prepare to (very gratefully) slide into the weekend:…
IMF’s USD 2.8 bn pandemic aid lands in Egypt
IMF’s USD 2.8 bn pandemic aid lands in Cairo: Egypt took receipt of the IMF’s USD 2.8 bn rapid financing…
MNHD signs EGP 2.1 bn loan agreement with NBE, AAIB and Banque Misr
Madinet Nasr Housing and Development has signed a EGP 2.1 bn long-term joint loan agreement with the National Bank of…
EMs turn to local debt markets, burn through FX reserves to weather the covid storm
EMs turn to local debt markets, burn through FX reserves to weather the covid storm: Emerging markets are (kind of…
El Sisi ratifies law to expedite payments to gov’t contractors, suppliers
LEGISLATION WATCH- Suppliers and construction outfits working on government contracts will receive EGP 10 bn in arrears after President Abdel…
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