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Egypt achieves EGP 4 bn budget surplus for first time in 15 years
Egypt records full-year primary budget surplus for first time in 15 years in FY2017-18: Egypt achieved a primary budget surplus…
Speed Round
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Top appeals court overturns decision placing Morsi, Aboutrika on terror list
Top appeals court overturns decision placing Morsi, Aboutrika on terror list: The Court of Cassation overturned yesterday a ruling placing…
EU lifts additional inspection requirement for Egyptian strawberries
EU lifts additional inspection requirement for Egyptian strawberries: The EU Health and Food Safety Commissioner has agreed to remove Egyptian…
Council of State’s legislative division signs off on draft legislation establishing sovereign wealth fund
LEGISLATION WATCH- The Council of State’s legislative division signed off yesterday on draft legislation that would establish Egypt’s first sovereign…
Uber and Careem not in talks to merge, says Careem spokesperson
Ride-hailing apps Uber and Careem are not in talks over a potential merger or acquisition, Careem spokesperson Maha Aboul Enein…
FinMin wants to start selling gov’t bonds on the EGX this fiscal year
EXCLUSIVE- FinMin wants to start selling gov’t bonds on the EGX this fiscal year: The Finance Ministry has begun taking…
Could Egypt go the way of Argentina
On the flipside, Capital Economics is warning that Egypt may go the way of Argentina. The reason? Egypt’s large foreign…
Fitch’s BMI Research sees monetary easing cycle continuing this year
Fitch’s BMI Research sees monetary easing cycle continuing this year: Fitch Group’s BMI Research expects the CBE to resume the…
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