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Our wheat reserves are dipping — but FinMin has lined up the funds to buy big in the local harvest
Our strategic wheat reserves have taken a dip: Egypt currently has enough wheat to cover the next 2.6 months’ worth…
18 new ambassadors present credentials to Sisi
President Abdel Fattah El Sisi received the credentials of 18 new ambassadors to Egypt last week, according to an Ittihadiya…
EBRD trims Egypt’s growth outlook for 2022 + FinMin mulling price of oil in 2022-2023 budget
EBRD trims Egypt 2022 growth outlook on inflation concerns: The European Bank for Reconstruction and Development (EBRD) has downgraded Egypt’s…
Offers roll in for the management of EV charging station company
Fourteen firms are vying to manage the state’s planned EV charging firm, Al Mal quoted Public Enterprises Minister Hisham Tawfik…
Cabinet is working on a roadmap for reducing the state’s involvement in the economy
The government has an outline of its long-term strategy to encourage private sector involvement in the economy: The Madbouly Cabinet…
E-receipt pilot starting 1 April
E-receipt system pilot to kick off in April: The Finance Ministry will launch its e-receipt system for B2C transactions this…
The state of Egypt’s coral reefs
What does the future hold for one of our most prized natural resources? Covering some 400 sq km off Egypt’s…
We made our Samurai bond debut + PHD closes its EGP 3.25 bn sukuk offering
Egypt successfully closed its maiden Samurai bond issuance, selling USD 500 mn (c.JPY 60 bn) of the JPY-denominated bonds in…
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