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FinMin wants to raise USD 3 bn in debt by the end of 2023. PLUS: Quick economic update from Maait
Egypt has only tapped the int’l debt markets once since March 2022
Record tourism figures on the airwaves
More than 7 mn tourists visited Egypt in the first half of 2023
EIB earmarks EUR 4 bn for local development projects including NWFE -Al Mashat
Central Bank Governor Hassan Abdalla praised the EIB’s “invaluable” support
No further hikes to public transport fees -Transport Minister El Wazir
The transport minister also defended infrastructure spending
Foreigners can get 50% more alcohol at duty-free stores
Buyers will face higher fees on the third liter
THIS MORNING: Madbouly gov’t tomorrow set to announce privatization progress at press conference
PLUS: Turkish media says El Sisi to visit Turkey this month
Oil and gas exports decline on lower prices, production in 4M 2023
Natural gas, crude, and petroleum product exports fell more than 50% y-o-y
Last week was quiet on the privatization front + June’s inflation figures are out next week
Good morning, friends — we’ve missed you. We hope you had a wonderful Eid Adha break and that your transition…
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