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IMF is in discussion with the new cabinet over its policies for the years to come
The two sides are in discussion over monetary and financial policies, as well as policies related to public spending
Subsidized bread hikes under the spotlight
The Reuters take on bread subsidy cuts: Reuters is out with two pieces diving into the nitty-gritty of last week’s…
MPs gave their final approval to next fiscal year’s budget
Finance Minister Mohamed Maait confirms there won’t be any tax hikes next FY.
MPs vote on state budget today
Good morning, folks. We have a brisk issue for you this morning led by news of further subsidy cuts ahead.…
Gov’t raises price of subsidized bread
This marks the first time the government has touched bread subsidies in 30 years.
Madbouly hints at pricier bread, fuel, electricity
The government allocated EGP 125 bn to bread subsidies for the upcoming fiscal year
FRA issues controls for licensing robo-advisors
Robo-advisors are AI-powered virtual financial advisors that manage investment portfolios
Construction sector calls for updated contract standards to keep up with changing industry
Local contractors are reluctant to submit bids for projects funded by international lenders because they adhere to different regulatory frameworks
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