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THIS MORNING: IMF Egypt loan review date still TBC
The review was supposed to be underway on 15 March
WSJ, BBC go deep in Egypt’s economy
Recycling startup TileGreen gets love from Reuters
Last Night’s Talk Shows: Happy Mother’s Day + Ramadan Kareem
Checking in on food prices and our Arab banks.
Wage, pension hikes given initial House approval amid criticism
Ministers not doing enough in inflation fight, say pro-govt and opposition MPs
Yet another income tax exemption increase. PLUS: Gov’t trims growth forecast.
The move is expected to impact 22 mn people
A new gov’t investment fund wants to attract FDI from expats
Eight Egyptian businessmen living abroad are on the board
THIS MORNING: We’ll do whatever it takes to secure Saudi investment -Maait
Riyadh is yet to pull the trigger on its pledge to invest bns of USD in Egypt
Growth slows in 2Q 2022-2023
The economy expanded at a 8.3% clip in the same period last year
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