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Annual headline inflation rises to 4.8%, but slowed m-o-m in May
Inflation inched up in May, thanks to a spike in food prices, an unfavorable base effect, and skyrocketing global commodities.…
TONIGHT: Egypt’s annual headline inflation reaches 4.8% in May + Kenya, Uganda and Tanzania seek USD 16 bn for post-covid recovery. ALSO: ECB to set monetary policy today.
It’s a busy news day to wrap up the week, ladies and gents. We have a mix of major macro…
The annual cost of net-zero emissions in developing countries: USD 1 tn
The annual cost of net-zero emissions in developing countries: USD 1 tn. Developing economies will need more than USD 1…
EBRD plans for more green loans to Egypt
The European Bank for Reconstruction and Development (EBRD) is set to lend QNB Al Ahli USD 50 mn to on-lend…
Post-covid business climate isn’t getting any better, but firms remain hopeful -business barometer index
The business climate in Egypt worsened for the second consecutive quarter as the emergence of new covid-19 variants globally led…
World Bank sees Egypt economy growing 4.5% in 2021-2022, down a bit from earlier projection
The World Bank has downgraded its growth projections for the Egyptian economy in the coming fiscal year, citing “sluggish” activity…
Enterprise talks to: French Ambassador Stéphane Romatet on building a greener Egypt
Enterprise talks to: French Ambassador Stéphane Romatet on building a greener Egypt: French investment in Egypt has grown from an…
The taxman rings twice
We’re going to be charged 14% VAT on all online delivery services provided by restaurants and shops, according to an…
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