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The Cairene smog comes at a cost
Air pollution in Egypt has been silently chipping away at our health and productivity: Air pollution costs Egypt more than…
Egypt in the News: Helping hands from our friends in the Gulf and at the IMF
Budgets and international backing are getting attention in the foreign press this morning: Reuters is picking up on pledges from…
Contact + Nawy sign EGP 1 bn financing agreement + Med wealth funds launch a colab
Contact + Nawy sign EGP 1 bn financing agreement: Contact Financial’s real estate finance subsidiary will lend EGP 1 bn…
IFC acquires 5% stake in IDH
The IFC now owns a 5% stake in consumer healthcare giant IDH: The International Finance Corporation (IFC) and its IFC…
EBRD trims Egypt’s growth outlook for 2022 + FinMin mulling price of oil in 2022-2023 budget
EBRD trims Egypt 2022 growth outlook on inflation concerns: The European Bank for Reconstruction and Development (EBRD) has downgraded Egypt’s…
THIS EVENING: Fawry confirms NBE’s 6% stake purchase + IFC snaps up 5% of IDH. Plus: Swvl hits the Nasdaq
Good afternoon, ladies and gentlemen — it’s finally the weekend, and while Thursdays are always cause for celebration, we can’t…
Lebanon could soon land IMF funding
Lebanon is inching closer to an agreement with the IMF as it tries to claw its way out of a…
Saudi Arabia’s economic support was the topic du jour
Last night’s talk shows were all about Saudi Arabia’s generous backing of our economy. ICYMI: Saudi has joined Qatar and…
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