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Blackouts, interest rates and gold ownership get attention on the airwaves
Egyptians bought a record amount of gold in 2Q, according to the World Gold Council
Real estate developers are pushing forward with projects despite cost constraints
Buyers are increasingly moving to buy real estate assets to hedge against currency fluctuations
Rolling blackouts get ink in the foreign press
Egypt has suffered from rolling blackouts for the past two weeks amid soaring temperatures
Blackout schedules are in effect (well, sort of)
Areas across the country yesterday reported suffering power cuts outside of the government’s new schedule
Day 1 of the blackout schedule didn’t go to plan
The government expects to spend USD 250-300 mn on importing mazut to reduce the rolling blackouts
ADIB Egypt receives license to set up microlender. PLUS: OPay wants a digital banking license, tenders for infrastructure and industrial projects
The lender wants to open 200 branches across the country
Blackout schedule dominates the airwaves
The government published its schedule for daily power cuts across the country yesterday
Blackouts + Palestine reconciliation talks dominate the conversation on the airwaves last night
Energy supply the problem, says electricity ministry official
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