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Gov’t rejected VW’s request for incentives beyond the standard package
Plus: The AfDB is giving a USD 3.55 mn reimbursable grant to a green ammonia project in East Port Said
Egypt needs six more climate reforms to unlock SDR 600 mn from the IMF
Banks now have until 2028 to implement an Environmental and Social Risk Management System
Five years into RISE, safety metric frozen as World Bank ratchets up fiduciary risk on Egypt’s railway loan
Fiduciary risk on the World Bank’s c. USD 421 mn RISE loan has been raised to “high” — the only…
Egypt’s economy grew 5.1% in FY 2025/26, beating the IMF’s forecast
Good morning, folks. Today we’re minding the gap between what’s planned on paper and what’s actually working in practice with…
EBRD, IFC eye combined 10% stake of Banque du Caire IPO
The IPO is slated for completion in November, with the roadshow relaunching next month
EBRD backs Scatec’s Shadwan wind farm with USD 192 mn
Scatec’s 900 MW project is part of Egypt’s Nexus of Water, Food, and Energy program.
The IMF flags Egypt’s financing needs as a key risk, even as the review clears USD 1.8 bn
Gross financing needs are set to peak at 42% of GDP this fiscal year
FinMin opens EGP 6 bn export subsidy batch to settle pre-July 2024 arrears
Good morning, wonderful people. Leading today’s issue is the pharma rush in the EGX, where retail momentum has turned the…
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