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Banque Misr can now open a branch in KSA
Other things we’re keeping an eye on this morning: The Saudi Central Bank (SAMA) has officially listed Banque Misr among…
More green lending, courtesy of the EBRD
The European Bank for Reconstruction and Development (EBRD) will lend the National Bank of Egypt (NBE) USD 100 mn to…
It’s good news / bad news from the OECD
The OECD is out with its latest global economic outlook — and there’s good news and bad news. The good…
Covid cases fall again + Sinovac’s jab gets WHO approval as IMF looks to plan to end pandemic
Covid cases are continuing to fall here at home: The Health Ministry reported 956 new covid-19 infections yesterday, down from…
Also on our Radar on 1 June 2021
Other things we’re keeping an eye on this morning: Representatives of German shipmaker Lürssen discussed Egypt’s shipbuilding industry and modernizing…
More railway funding from IBRD + moving towards modern irrigation
Fresh funding for our railways from IBRD: The Madbouly Cabinet signed off yesterday on a USD 362.9 mn facility from…
IMF gives initial approval for final tranche of USD 5.2 bn standby loan
Egypt expects to unlock the third and final USD 1.6 bn tranche of its USD 5.2 bn IMF standby loan…
THIS MORNING: Blinken is in town + IMF staff agreement on third SBA loan tranche + budget week rolls on
Good morning, friends. We’re almost at the weekend, and diplomacy dominates the press, the airwaves, and our issue today. We…
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