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Bread subsidies aren’t changing in the near future, El Moselhy says
Scrapping bread subsidies for banknotes is shelved for now, El Moselhy tells Senate: The Sisi administration’s previously-floated plan to replace…
THIS EVENING: We have more clarity on consumer refunds on car payments + monetary policy is top of mind for the global business press
Give yourselves a pat on the back for making it to this very well-earned THURSDAY afternoon, friends. It’s been a…
African Development Bank to lend USD 1.5 bn to African farmers to stem food crisis
The African Development Bank has approved a USD 1.5 bn facility to help African countries avert a “looming food crisis,”…
CBE goes for 200-bps rate hike to tamp-down inflation
The Central Bank of Egypt (CBE) raised interest rates for the second time since March as it looks to rein-in…
THIS EVENING: We’re waiting on the CBE’s decision on rates + Environment Ministry to go in depth on Egypt’s National Climate Strategy for 2050
Good afternoon, wonderful people, and welcome (finally) to THURSDAY. It’s a moderately calm end to the week, but we anticipate…
THIS MORNING: Worst day for global stocks since June 2020; It’s inflation day here in Egypt
Good morning, friends, and happy hump day. We have a really packed issue for you today, so let’s jump right…
THIS MORNING: A big economic announcement from Madbouly today? Also: Foreign reserves were largely stable month-on-month in March
Good morning, everyone, and welcome to a news day that is all about what the fallout from Vladimir Putin’s war…
What Planet Startup thinks of upcoming regulations that could make it easier to raise capital as a startup and deploy funds here as a VC
Never underestimate how important “boring-but-important stuff” can be if you’re trying to raise money to get a new business off…
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