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New civil servants minimum wage gets nod from cabinet, still no word on private sector floor
Cabinet greenlit bringing the minimum wage increase to EGP 2.4k from EGP 2k for civil servants into effect at the…
THIS EVENING: Stocks are having another bad day, BTC is still under pressure — and Gaza is still being bombed
Well, folks, that’s another work day in the books, and while Egypt’s role in trying to broker a ceasefire in…
Egypt’s GDP is on track to grow 4.2% in 2021 –RenCap
Renaissance Capital revised upwards its projections for Egypt’s GDP growth to 4.2% in 2021, driven by growth in transport, tourism,…
Where can green economy startups and SMEs in Egypt obtain necessary financing?
Where can green economy startups and SMEs turn when the VCs and bankers aren’t there? While conventional wisdom holds that…
What the markets are doing on 17 May 2021
Global remittance flows have held up in the face of the pandemic: Remittances to low- and middle-income countries fell only…
About those Russian flights …
The resumption of Russian flights to Egypt’s Red Sea resort towns may be further away than previously thought after Moscow…
Enterprise talks to: EBRD President Odile Renaud-Basso + SEMED Managing Director Heike Harmgart
The EBRD’s plans for a greener Egypt: An interview with President Odile Renaud-Basso + SEMED Managing Director Heike Harmgart. The…
Inflation slows unexpectedly in April
Annual urban headline inflation slowed in April against expectations, shrugging off rising global commodity prices thanks to a favorable base…
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