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What’s the green economy financing facility — and what could it mean for your business?
Enterprise Explains: What’s the Green Economy Financing Facility (GEFF) and how does it work? When it comes to greenifying businesses,…
Current account deficit widens to USD 4.8 bn in 2Q2020-2021
Egypt’s current account deficit widened to USD 4.8 bn in 2Q2020-2021, from USD 3.2 bn in the same period last…
Negligence to blame for Sohag train crash -public prosecution
The public prosecution has found that gross negligence by railway staff was responsible for last month’s deadly train collision in…
Egypt + MENA to face higher financing needs post-covid -IMF
Rising financing needs in Egypt and MENA could threaten the post-covid recovery — and limit the scope for fiscal spending…
Economic Reform Program 2.0?
It appears that the government is working on an update to the 2016 economic reform agenda that will focus on…
Gov’t doubles natgas station target to 1k by the end of 2021
Egypt should have 1k natural gas filling stations set up nationwide by the end of the year under a government-backed…
Inflation uptick as Ramadan approaches
Annual headline inflation accelerated slightly to 4.8% in March, up from 4.6% in February, state statistics bureau Capmas’ latest reading…
Egypt on surer fiscal ground + more debt relief agreed + IMF backs wealth tax
IMF upgrades Egypt budget projections in latest outlook: Egypt’s public finances have withstood the test of covid-19 better than previously…
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