Egypt Edition 
MENA+ Edition 
UAE Edition 
Saudi Edition 
AI + Innovation (MENA) 
Infrastructure 
Egypt inks debt swap pact with China
Egypt currently owes about USD 8.2 bn to the Chinese
S&P cuts our credit rating on FX crunch, debt concerns
The slow pace of reforms making the FX crunch worse — and making it harder for to us to service…
Humanitarian aid should be heading to Gaza from Egypt + We want to increase our loan from the IMF
Good morning, friends, and — as always — happy Friday to us all. This week has been jam-packed with news…
EBRD to lend USD 50 mn to copper manufacturer UMC
The loan will fund UMC’s FX liquidity for raw material imports
Four banks could receive EBRD loans to fund SMEs, green projects
The financing could be made available before the end of the year, according to a senior figure at the EBRD
Banque Misr lands USD 234 mn from IFC for MSME support
Half of the funds will be directed to female-led MSMEs
EBRD could greenlight funds for electricity grid modernization
The total project would require EUR 200 mn, with the remaining EUR 35 mn coming from EU grants
Budget deficit to widen to 10.7% this fiscal year -IMF
The Fund expects government spending to rise faster than previously expected while revenues will remain flat
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