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Tourism revenues to more than double in 2021-2022 -Maait
FinMin expects minimal damage to tourism revenues from Ukraine war: Egypt’s tourism revenues will more than double in FY 2021-2022…
CBE goes for 200-bps rate hike to tamp-down inflation
The Central Bank of Egypt (CBE) raised interest rates for the second time since March as it looks to rein-in…
The government’s privatization plans are still getting attention on the airwaves
Still dominating airwaves yesterday: A leaked draft of the government’s ownership policy, whichoutlines the state’s plan to fully withdraw from…
Egypt negotiating “limited” IMF loan -Amer
Amer dials back expectations for large IMF package: Negotiations between Egypt and the IMF for a fresh assistance program are…
Rameda + IFC collab on sustainability
Rameda Pharma will work with the International Finance Corporation (IFC) to improve the sustainability of its operations, according to a…
Egypt inks agreement with Emirati company to produce biofuel
Egypt to partner with Emirati company to produce biofuels: State-owned Egyptian Petrochemicals Holding Company (ECHEM) signed an agreement with the…
Rising oil import prices could cancel out gas export gains -El Molla
Egypt’s rising oil import bill could cancel out any gains from higher gas export revenues this year, Oil Minister Tarek…
Gov’t lowers economic growth target for next fiscal year Plus: Remittances were up again in March
The Madbouly government has cut its 2022-2023 growth forecast to 4.5% from 5.5%, a cabinet statement quoted Prime Minister Moustafa…
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