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World Bank delegation in town, talks for third USD 1 bn loan tranche underway
Talks for third USD 1 bn World Bank loan tranche underway: Negotiations for the disbursement of a third USD 1…
Speed Round
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Are private free zones making a comeback?
Are private free zones making a comeback? The return of private free zones in the Investment Act is still on…
Egypt suspends permits on new Brazilian meat imports temporarily after concerns of tainted meat
Egypt has temporarily suspended permits for new imports of meat from Brazil, according to Bloomberg. Saudi Arabia, the world’s second-largest…
Wheat import rejections drive trader ambivalence to new import regulations
Traders raising wheat prices for Egypt after state wheat buyer nixes seven cargoes since January: The General Authority for Supply…
Over-borrowing from the CBE is the real culprit behind the massive spike in inflation
Over-borrowing from the CBE is the real culprit behind the massive spike ininflation: Egypt’s inflation is symptomatic of a larger…
Egypt “worst performer” among tourist destinations? Russian flights back?
You’re not paying close attention, FT: Egypt is the worst performer among big tourist destinations, Steve Johnson writes in The…
EFSA approves MM Group listing on the EGX
In other news from the capital markets, the Egyptian Financial Supervisory Authority issued a non-objection to MM Group’s listing on…
AMOC taps Bank of New York as advisor on GDR issuance
The Board of state-owned Alexandria Mineral Oils Company (AMOC) has reportedly decided to tap BNY Mellon to run its GDR…
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