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Last Night’s Talk Shows: Private sector involvement in national projects + Rulings in prominent court cases
The private sector will soon account for 75-80% of national projects and investment, Ala Mas’ouleety’s Ahmed Moussa claimed last night…
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…
Samurai bonds coming on Thursday
Our inaugural Samurai bond issuance is back on: The Finance Ministry plans to sell USD 500 mn in JPY-denominated Samurai…
THIS EVENING: EGX continues rising + Our first Samurai bond issuance is back in play + Egypt revises downwards FY2022-2023 GDP growth rate
Happy hump days, ladies and gentlemen. The news cycle here at home calmed down somewhat from where it was yesterday,…
FinMin sees budget deficit widening amid commodities price shock
The Madbouly government sees the FY 2021-2022 budget deficit target widening to 6.9% from 6.7%, Vice Minister of Finance Ahmed…
Last Night’s Talk Shows: How well do you know your property law?
Lessons on proposed property laws dominated the airwaves last night: Real Estate Registry Head Gamal Yacout laid out amendments to…
THIS MORNING: Changes to old rent law could see freeloading embassies, businesses evicted + Cairo’s borders now include the new administrative capital
Good morning, friends, and welcome to almost-THURSDAY, as we insist Wednesday is best known. Particularly interesting to us this morning:…
Egypt in the News: Death sentences for 10 Ikhwan members
There’s little mention of Egypt in the international press this morning. Reuters picked up a story from state news agency…
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