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Gov’t allocates EGP 8 bn to export subsidies in FY 2021-2022
The government has allocated EGP 8 bn for export subsidies during the current fiscal year, after having paid out EGP…
Last Night’s Talk Shows: Fourth wave worries spark calls to register for vaccines; Egypt’s doctor shortage; new garbage disposal system kicks off in Cairo
The fourth wave of the covid-19 pandemic was the main focus of last night’s talk shows: Case numbers so far…
US stocks fall as recovery concerns grow
US stocks fall on recovery concerns: Fears that the US economic rebound from covid has peaked led shares to fall…
Still counting cars
Passenger car sales grew 43% y-o-y in July, with some 17.8k vehicles sold during the month, up from c. 12.5k…
EMs cannot weather another taper tantrum storm, IMF says
EMs cannot withstand another taper tantrum, says IMF: Emerging Markets whose balance sheets are stretched due to covid-19 could see…
GM eyes further Egypt investments as gov’t incentives auto exports
General Motors could be looking to invest more in Egypt. That’s the key takeaway from GM MEA President and Managing…
TONIGHT: EGX30 keeps its green streak. + Middle East on chill pills. ALSO: Jackson Hole kicks off tomorrow.
Good afternoon, wonderful people. We’ve made it through another week together (the last full week in August, at that). Our…
Covid-19 presser tops coverage + Afghanistan evacuees land in Cairo
Covid-19 was once again the top story on the nation’s talk shows last night after Health Minister Hala Zayed’s epic…
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