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Egypt’s Cabinet approves pension, public sector wage increases
CABINET WATCH- Cabinet approves pension, public sector wage increases: The Madbouly Cabinet has approved draft bills to carry forward President…
Supply Ministry announces more stringent criteria for third phase of subsidy purge
The Supply Ministry has announced a new set of criteria for the third phase of its purge of welfare rolls.…
Sarwa closes EGP 1.8 bn of securitization bonds
INVESTMENT WATCH- Sarwa closes EGP 1.8 bn of securitization bonds: Our friends at structured and consumer finance house Sarwa Capital…
Egypt’s FX reserves reach USD 44.112 bn bn at end-March
Egypt’s net foreign reserves were essentially unchanged at the end of March at USD 44.112 bn, up fractionally from USD…
Gov’t raises ceiling of eurobond program to USD 30 bn ahead of issuance
The government has raised the limit of Egypt’s eurobond program to USD 30 bn from USD 20 bn, according to…
Egyptian economy on “sound footing” thanks to political stability and strong demographics: Mercer
Political stability and strong demographics have put the Egyptian economy on a “sound footing,” David McMillan (LinkedIn), global chief investment…
Egypt is the “most attractive reform story” among EEMEA countries: Renaissance Capital
EXCLUSIVE- Egypt is the “most attractive reform story” among EEMEA countries- Renaissance Capital: Improving macroeconomic indicators and stabilizing public finances…
Relax non-tariff barriers if you want a trade agreement, US tells Egypt
EXCLUSIVE- Relax non-tariff barriers if you want a trade agreement, US tells Egypt: There will be no free trade agreement…
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