Egypt Edition 
MENA+ Edition 
UAE Edition 
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AI + Innovation (MENA) 
Infrastructure 
Gov’t inks eight USAID grants totalling USD 130 mn
USAID has channeled over USD 30 bn towards Egypt since 1978
EBRD mull funding Masdar-Infinity wind farm. PLUS: Simplex to open new factory, USAID + Banque Misr
The loan is for over half of the overall estimated cost of EGP 12 bn
World Bank maintains Egypt’s growth forecast + shares forecast for FY 25-26
The lender sees growth picking up to 4.6% in FY 2025-26
IMF reaches staff-level agreement on third loan review
The Fund warned that the impact of the war on Gaza and trade disruptions in the Red Sea could pose…
Central bank switches around rules for hiring auditors and accountants. PLUS: News from Misr Ins. Holding and MM Group
Firms have 12 months to comply with the new rules.
What’s on the IMF’s agenda as it conducts the third review of our loan program?
The IMF sees improved economic indicators and strengthened cash flows
EBRD provided NBE with USD 119.5 mn in financing for MSMEs
The loan will target MSMEs will a regional focus and those that are run by women or young people
GB Logistics launches bonded warehouse services. PLUS: News from GB Auto, Beltone, Infinity, EgyptAir
Bonded warehouses are government-authorized facilities that store goods for a limited time without being subject to fees
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