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Another USD 2.6 bn in ITFC financing on the horizon?
Egypt to get USD 2.6 bn in financing from ITFC? The International Islamic Trade Finance Corporation (ITFC) has approved USD…
Gov’t could turn to sustainable development bonds to help fund Decent Life
Egypt is considering the issuance of sustainable development bonds to finance the Decent Life initiative, International Cooperation Minister Rania Al…
Korean presidential visit brings USD 1.3 bn in new financing, raft of cooperation agreements
We could have a trade agreement with South Korea soon: President Abdel Fattah El Sisi and South Korean President Moon…
THIS MORNING: A horrible week for stocks and BTC could get even worse amid saber rattling between Moscow and the west
Good morning, nice people, and welcome to a chilly first day of the workweek. Our big story this morning: The…
Last Night’s Talk Shows: Minimum wage hike tops the agenda for second day running
The 12.5% hike to the minimum wage announced on Tuesday continued to dominate the airwaves on a quiet night last…
Primary surplus falls y-o-y in 1H2021-2022
Egypt generated a EGP 3.2 bn primary surplus in 1H2021-2022, Finance Minister Mohamed Maait said during the weekly cabinet meeting…
Our maiden sovereign sukuk issuance is inching closer
The Finance Ministry just got the green light to start preparing to take its first sovereign sukuk issuance to international…
Non-oil exports hit record USD 32 bn in 2021
Non-oil exports rose 26% y-o-y to hit a record USD 32 bn in 2021, up from USD 25.4 bn in…
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