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THIS MORNING: Rainclouds brewing in the global economy + over Cairo.
Cairo could see more rain after last night’s showers
Senate receives FY 2023-24 development plan, discusses recycling
Gov’t to increase development spending by more than half
THIS MORNING: Savers pour EGP 41 bn into Banque Misr’s new CDs + Net foreign liabilities deepened in February
And the Donald pleads “not guilty”
Egyptian lawmakers approve bringing back daylight saving time
Government says the move will save at least USD 25 mn
“Fake weather news” bill making its way through the House
Committee claims the bill could prevent the loss of “bns of USD”
THIS MORNING: CBE makes first rate hike of 2023 — but no further EGP deval yet
It’s a brand new month in a brand new quarter
MPs to vote next week on bringing back daylight saving time. PLUS: News from Cheiron, Bahrain investment, Mytilineos, Madinet Masr / Madinet Nasr, and Rosatom
The House Local Administration Committee approved the draft bill yesterday
One step closer to daylight saving time. PLUS: New hotels, Shalateen gold production, Dina Farms investment plans
Bill aimed at reducing energy consumption and raising nat gas exports, gov’t says
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