Egypt Edition 
MENA+ Edition 
UAE Edition 
Saudi Edition 
AI + Innovation (MENA) 
Infrastructure 
Remittances up 1.5% in 1Q2021-2022
Remittances from Egyptians abroad were up 1.5% y-o-y to USD 8.1 bn in the first quarter of FY 2021-2022, the…
The green economy in 2021: Part I - New ambitions amid supply chain woes
The green economy in 2021- Part I: Egypt’s shift towards greener energy sources accelerated, but global price increases and supply…
More financing for SMEs + green projects
AUB is getting USD 82 mn to on-lend to SMEs + green projects: Ahli United Bank Egypt (AUB) will receive…
Fresh protests in Sudan see at least one death, hundreds more injured
At least one dead in mass protests in Sudan: One demonstrator was shot dead by security forces and 200 were…
Negotiations ongoing with five int’l institutions to finance Aswan-Toshka railway
The Transport Ministry is in negotiations with five international financial institutions to help fund the construction of the planned Aswan-Toshka…
Fitch thinks Egypt could be up for another IMF program
Egypt’s high exposure to external financing could lead the government to seek a fresh IMF program, especially in the event…
THIS MORNING: Ads are now subject to VAT, but not the stamp tax. Plus: Fate of sugar tax still unclear.
Good morning, wonderful people, and welcome to yet another busy December morning. We have a ton of news to get…
Algebra Ventures Fund II locks USD 15 mn from EBRD
The European Bank for Reconstruction and Development (EBRD) has approved a USD 15 mn equity commitment to Algebra Ventures’ second…
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