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THIS MORNING: How long will 25% CDs last? PLUS: EFG Hermes could exit Pakistan, Jordan
Good morning, wonderful people. The EGP continues to trade actively on the back of both local savers de-dollarizing and portfolio…
New VAT exec regs just dropped
The Finance Ministry has issued the amended executive regulations for the VAT Act, which contain new targeted tax breaks designed…
Archaeologists unearth ancient tomb in Luxor
A new ancient discovery in Luxor: An Egyptian-British archaeological mission discovered a royal tomb in Luxor dating to the 18th…
Oil Ministry projects won’t freeze FX spending -El Molla
ENERGY- Oil Ministry projects are excluded from the government’s decision to ration FX spending, Minister Tarek El Molla told CNBC…
Another Ever Given averted
The Almost-Ever-Given-Again catches the imagination of the int’l press: The top-trending topic in the global press this morning remains the…
The Grand Egyptian Museum is to be inaugurated in “months”
It was a mixed bag on the talk shows last night, as the pundits celebrated the repatriation of a looted…
Europe throws it back to 2020 with covid travel curbs
Covid travel curbs are back: France, Spain, South Korea, and Israel have followed the US, Japan, Taiwan, and India in…
Three policemen reported dead in Ismailia terror attack
A rare terrorist attack in mainland Egypt is dominating coverage in the foreign press this morning: The attack on a…
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