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House committee approves USD 2.8 bn covid-19 IMF funding
LEGISLATION WATCH- House committee approves USD 2.8 bn covid-19 IMF funding: The House Economic Committee approved Egypt’s agreement with the…
Turkey rejects Egypt’s ceasefire proposal for Libya; WTO leadership battle + USD 249 mn for Sinai development
Shocking exactly nobody, Turkey has dismissed Egypt’s proposal for a ceasefire in Libya. Turkish Foreign Minister Mevlut Cavusoglu said the…
Egypt’s parliament approves int’l grants to develop investment, transport, sanitation
House approves EUR 122.7 mn in financing from EIB for transport, sanitation: The House of Representatives’ general assembly approved yesterday…
Diplo + Foreign Trade: Russia, Germany backs Egypt’s Libya peace initiative; cotton exports down
Russia sees Egypt’s peace initiative as the primary forum in which Libya’s future will be decided, Reuters reports, piggybacking on…
Covid-19 hasn’t derailed Egypt’s reform drive, Al Mashat tells Bloomberg
Covid-19 hasn’t derailed Egypt’s reform drive, Al Mashat tells Bloomberg: The Madbouly government hasn’t allowed the covid-19 pandemic to derail…
World Bank downgrades Egypt’s GDP growth forecast this fiscal year to 3.0%
World Bank downgrades Egypt’s GDP growth forecast to 3.0% for the fiscal year ending this month: The World Bank expects…
EBRD to provide NBK Egypt with USD 100 mn for private sector
The EBRD will provide the National Bank of Kuwait Egypt with USD 100 mn for onlending to the private sector,…
Egypt’s stocks nearly 5% higher after early SBA agreement
EGX rallies nearly 5% on news we reached a preliminary agreement for more IMF funding: The EGX30 rose 4.6% in…
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