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Morgan Stanley cuts Egypt growth outlook
Analysts expect authorities to devalue the currency again in September or October
Karim Youssef joins Harvard advisory board + Cayesh lands USD 50k from Visa
Youssef is the founder and chairman of Youssef & Partners. Cayesh is a supply-chain finance startup.
Last Night’s Talk Shows: Rolling blackouts continue to dominate conversation on the airwaves
Officials will hold a press conference soon to address the issue
Taqa Arabia shareholder sells 20% stake. PLUS: Beltone’s SODIC office building buy, Qalaa to study green aviation fuel with French firm — and more
The block trade comes three weeks after the company’s shares began trading on the EGX
New criteria for fintech, digital banking licenses
Digital banks now need a capital of at least EGP 2 bn
Inflation soars to record high in June
Eid spending drove price hikes above analysts’ expectations
Central Bank of Egypt leaves interest rates unchanged
The CBE is adopting a wait-and-see approach while previous rate hikes take effect
Electricity prices, Suez Canal sale, central bank + shark studies
Environment Ministry to study Red Sea shark behavior after deadly attack
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