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What we’re tracking on 14 October 2019
The annual meetings of the IMF and World Bank start today and wrap up on Sunday, with the talk of…
Development finance
KarmSolar signs EGP 230 mn loan agreement with Banque Misr
KarmSolar has signed a EGP 230 mn loan agreement with Banque Misr to build 24 MW solar power plants, CEO…
Cabinet signs off on USD 500 mn World Bank facility for Egypt’s social safety net
CABINET WATCH- The Madbouly Cabinet approved on Thursday a USD 500 mn loan from the World Bank to support Egypt’s…
IMF says Egypt on right path, but concerns remain
The economy was topic du jour on the airwaves last night: IMF gives us love, but concerns remain: El Hekaya’s…
What we’re tracking on 10 October 2019
Expect another low inflation reading when Capmas releases September’s figures later today. Annual headline inflation plunged to 7.5% in August,…
Ministers talk pollution control with World Bank mission
The environment, local development, investment and international cooperation, and transport ministers met with World Bank Regional Director Marina Wes to…
AFD earmarks EUR 1 bn for Egypt development projects over coming 4 years
The French Development Agency (AFD) has allocated EUR 1 bn to fund projects in Egypt over the coming four years,…
What we’re tracking on 9 October 2019
Prime Minister Moustafa Madbouly’s statement to the House yesterday didn’t quite have the intended effect. MPs stepped up their criticism…
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