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Inflation continues to dampen business activity in April
Egypt’s non-oil private sector continued to contract in April, buffeted by inflation that has been turbocharged by the war in…
Oil Ministry announces launch of Egypt’s first pilot carbon capture project with Eni + raft of other green energy initiatives
The Oil Ministry and Eni are implementing a pilot carbon capture project at the Italian energy firm’s Meleiha concessions in…
More from El Sisi’s economy speech: Growing the EGX, support for local industry + cutting public debt
More on the Sisi administration’s plans to boost the economy: The state’s plan to attractUSD 40 bn in fresh investment…
Egypt’s budget deficit narrowed in 9M2021-2022 + nothing will be left to rot in port over an L/C
Egypt’s budget deficit narrowed to 4.9% of GDP in the first nine months of FY 2021-2022, from 5.4% in the…
Cabinet approves sovereign sukuk exec regs
Sovereign Sukuk Act regs are finally ready: The Madbouly government has approved the executive regulations of the Sovereign Sukuk Act…
Inflation could hit 17% this year on the back of the devaluation, food prices –Goldman
Inflation could rise to 17% this year, “but most of it is transient,” says Goldman Sachs: Inflation could climb as…
Support talks with IMF reach technical stage as lender pinpoints key reforms + The Fund expects uneven recovery in the Middle East
Talks between Egypt and the IMF on a fresh support package have reached the “technical stage,” Jihad Azour, the multilateral…
“It’s now or never”: Scientists call for action on “irreversible” climate change (Part II)
It’s crunch time if we want to avoid climate catastrophe: The latest trilogy of reports by UN climate scientists have…
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