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IMF upgrades Egypt’s GDP growth in 2022 despite a “significant slowdown” globally
The IMF has cut its global GDP forecast for this year and the next as surging inflation and economic fallout…
House Planning Committee to review 2022-2023 draft budget
The House of Representatives voted in plenary session yesterday to send the draft FY 2022-2023 budget to the budget and…
The Cairene smog comes at a cost
Air pollution in Egypt has been silently chipping away at our health and productivity: Air pollution costs Egypt more than…
EBRD trims Egypt’s growth outlook for 2022 + FinMin mulling price of oil in 2022-2023 budget
EBRD trims Egypt 2022 growth outlook on inflation concerns: The European Bank for Reconstruction and Development (EBRD) has downgraded Egypt’s…
THIS EVENING: EGX continues rising + Our first Samurai bond issuance is back in play + Egypt revises downwards FY2022-2023 GDP growth rate
Happy hump days, ladies and gentlemen. The news cycle here at home calmed down somewhat from where it was yesterday,…
Gov’t lowers FY 2022-2023 budget targets as Ukraine conflict strains finances
FinMin trims budget targets as Ukraine conflict weighs on state finances: The Finance Ministry has revised downwards its fiscal targets…
Last Night’s Talk Shows: Strong domestic growth in the face of global volatility + the state IPO pipeline
Strong GDP growth dominated last night’s coverage: Planning Minister Hala El Said took to the airwaves last night to fill…
Gov’t ups 2021-2022 growth forecast to 6%
Gov’t ups growth forecast: The Planning Ministry has upgraded its FY2021-2022 growth forecast for the Egyptian economy to 6% or…
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