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Scatec to issue green bonds worth USD 335 mn
Norway’s Scatec will issue USD 335 mn worth of green bonds to refinance its six solar plants in Benban, according…
Support talks with IMF reach technical stage as lender pinpoints key reforms + The Fund expects uneven recovery in the Middle East
Talks between Egypt and the IMF on a fresh support package have reached the “technical stage,” Jihad Azour, the multilateral…
The 2022 IMF + World Bank Spring Meetings have ended: Here are the key takeaways
RECAP — The IMF / World Bank Spring: The war in Ukraine and ensuring food security in developing countries stole…
USAID wants to help us with food inflation + Egypt condemns Israeli actions at Al Aqsa
USAID’s Samantha Power, Al Mashat discuss food security, COP27: USAID wants to help Egypt mitigate the impact of rising food…
Tuk-tuk replacement still undecided + ABB to open train component plant in Egypt
The Madbouly government is in talks with an international automaker to produce vehicles to replace tuk-tuks, Public Enterprises Minister Hisham…
IMF expects slimmer narrowing of Egypt’s budget deficit this fiscal year
Egypt’s budget deficit is expected to narrow to 6.8% by the end of the current fiscal year, the IMF said…
S&P, Fitch ratings affirm credit rating at BB, B+, say outlook stable despite Russia-Ukraine war
S&P and Fitch Ratings have both affirmed Egypt’s BB and B+ credit ratings with a stable outlook, despite surging food…
THIS MORNING: A brief workweek before another long holiday + Big pressures on the world’s palm oil
Good morning, wonderful people, and welcome to a very short workweek. We hope your Easter / Sham El Nessim /…
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