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El Sisi offers condolences to South Africa’s Ramaphosa after Durban floods
President Abdel Fattah El Sisi called his South African counterpart Cyril Ramaphosa to offer his condolences for the recent floods…
Vehicles in the natgas replacement scheme could soon get pricier + more European green funds to banks for SME lending?
“Most” of the companies participating in the state’s natgas vehicle swap scheme have submitted requests to raise their prices, Shorouk…
IMF upgrades Egypt’s GDP growth in 2022 despite a “significant slowdown” globally
The IMF has cut its global GDP forecast for this year and the next as surging inflation and economic fallout…
THIS MORNING: Enjoy the long weekend — we’ll be back next Tuesday
Good morning, friends, and welcome to a brisk news day. PSA #1- Hello, four-day weekend: The Central Bank of Egypt…
Wall Street banks ride out earnings season on trading revenue amid volatility
Wall Street banks ride market volatility to post better-than-expected 1Q earnings: Bank of America was the latest US lender to…
El Sisi meets with US senators + more green energy talks
President Abdel Fattah El Sisi met last week with a US Congressional delegation headed by Sen. Richard Shelby, according to…
Gov’t to pay more overdue subsidies back to exporters in April + Russia moves forward on Dabaa
Exporters to get more of their overdue subsidies back in April: Exporters in the fourth phase of the government’s program…
SFE sub-funds for state-owned stake sales?
The Sovereign Fund of Egypt (SFE) could launch a sub-fund responsible for managing the sale of state-owned companies on the…
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