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Fitch affirms Egypt’s credit rating at B, outlook stable
Ratings agency Fitch has affirmed Egypt's Long-Term Foreign- and Local-Currency Issuer Default Ratings at B with a stable outlook. The…
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EAEF’s James Harmon talks up Egypt’s “right macro fundamentals” to US Congress
EAEF’s James Harmon talks up Egypt’s “right macro fundamentals” to US Congress: Egypt’s economy currently has the “right macroeconomic fundamentals”…
Draft of Investment Act executive regulations is out
The first draft of the executive regulations to the Investment Act is out: After weeks of closed-door sessions, a draft…
Gov’t hikes fuel prices 55%
Government hikes energy prices: The government raised energy prices by as much as 55% for fuel products and 100% for…
Travis Kalanick, Uber CEO no longer
Embattled Uber boss Travis Kalanick resigned as CEO of the company on Wednesday, Bloomberg reports. The move comes after five…
MbS takes over from former crown prince Mohammed bin Nayef as Saudi Deputy PM, Interior Minister
MbS takes over Mohamed bin Nayef’s cabinet positions: Newly appointed Saudi Crown Prince Mohammed bin Salman is taking over from…
Al Azhar sends final anti-hate crime and violence legislation to the presidency
Of slippery slopes and the thought police: Al Azhar has presented its “anti-hate crime” legislation to President Abdel Fattah El…
Egypt's supreme constitutional court says lower courts have no say in border demarcation agreements
Supreme Constitutional Court lays down the law on Smurf Islands: The Supreme Constitutional Court (SCC) has said lower courts have…
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