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It looks like daylight saving time is coming back
In light of “the government's efforts to rationalize energy use”
Gov’t to miss deficit, debt targets on higher rates, import bill
Egypt is now predicting a debt level of 93.0% of GDP by June 2023
Fuel prices are rising 7-11% today
Cost of mazut for most buyers will increase by 20%
Gov’t imposes new charges on hotels + tourist companies
Hotels, tourist companies, restaurants and bazaars will have to pay additional fees into the government’s tourism support fund under a…
Say no to poultry racism + mandatory pre-marriage health exams
Last night’s talk shows: Chicken prices, marriage health tests, and the sentencing of Mortada Mansour were all given prominent coverage…
State-owned hotels company will offer 20% to strategics — and 5% on the EGX. PLUS: Misr Life sale update
Twenty-five percent of new hotels company up for grabs: The government will offer a 20% stake in its new hotels…
Egypt’s debut USD 1.5 bn sovereign sukuk issuance wraps 4x oversubscribed
Egypt closes USD 1.5 bn sukuk issuance: The Finance Ministry successfully closed its maiden sukuk issuance yesterday morning, it said…
THIS EVENING: Egypt closes its maiden sukuk issuance with a c.4x oversubscription
Good afternoon, ladies and gentlemen. It’s a brisk news day as we get closer to the weekend here in Omm…
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