SPEED ROUND: CBE WATCH

CBE ups maximum draw from tourism support fund as it winds down + issues new rules on lending to real estate developers.

Tourism wage support initiative to end on 30 June — or when the pot is empty. A program by the Central Bank of Egypt (CBE) to give tourism companies access to subsidized lines of credit to cover wages, maintenance expenses, and operating costs is due to run its course at the end of June, two…