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CBE extends tourism support initiative with two-year soft loans
REGULATION WATCH- CBE extends its support to the tourism sector with two-year soft loans: The Central Bank of Egypt (CBE)…
EGOTH in talks with banks for EGP 400 mn loan to renovate Sofitel Winter Palace
The Egyptian General Company for Tourism and Hotels (EGOTH) is in talks with unnamed local banks for a EGP 400…
CBE cuts interest for three of its financing initiatives, raises ATM withdrawal cap
REGULATION WATCH- CBE cuts interest for three of its financing initiatives: The Central Bank of Egypt (CBE) has reduced the…
What we’re tracking on 22 March 2020
So, how was your first weekend on (near) lockdown? We spent it wondering not about what’s next in the immediate…
Egypt in the News on 18 March 2020
Covid-19 is — unsurprisingly — once again making an appearance in the foreign press: This morning it’s Foreign Policy, which…
Gov’t cuts EGX taxes, energy prices to support businesses through covid-19 outbreak
Gov’t cuts EGX taxes, energy prices to support businesses through covid-19 outbreak: The government has announced a package of fiscal…
What we’re tracking on 17 March 2020
The Central Bank of Egypt slashed interest rates 300 bps in a surprise move yesterday evening — the same day…
Jimmy Jean-Louis visits pyramids
Haitian-French actor Jimmy Jean-Louis visited the pyramids on Friday as part of his tour in Egypt after attending the 2020…
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