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Egypt negotiating “limited” IMF loan -Amer
Amer dials back expectations for large IMF package: Negotiations between Egypt and the IMF for a fresh assistance program are…
Rameda + IFC collab on sustainability
Rameda Pharma will work with the International Finance Corporation (IFC) to improve the sustainability of its operations, according to a…
EBRD appoints Hamza Al Assad as associate director for Climate Strategy
The European Bank for Reconstruction and Development (EBRD) has tapped Hamza Al Assad (LinkedIn) as its new associate director for…
Gov’t lowers economic growth target for next fiscal year Plus: Remittances were up again in March
The Madbouly government has cut its 2022-2023 growth forecast to 4.5% from 5.5%, a cabinet statement quoted Prime Minister Moustafa…
Madbouly presser on economy dominates the talk shows
Prime Minister Moustafa Madbouly’s epic presser yesterday was all over the airwaves last night: Business leaders gave their reactions to…
An agreement with the IMF is coming “within months”
A fresh IMF program could be sealed in a few months: The government expects to reach an agreement with the…
Madbouly announces plans to privatize state assets + boost private investment
Madbouly announces plans to privatize state assets + boost private investment: Prime Minister Moustafa Madbouly outlined the government’s plans to…
Remittances from Egyptians abroad to grow 8% in 2022, says World Bank
It’s not all dim on the macro front: Remittances from Egyptian expats are expected to grow at a faster pace…
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