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More help is on the way for SMEs, courtesy of Afreximbank
Afreximbank will loan United Bank USD 600 mn for on-lending to SMEs and to support trade finance, Masrawy reports, citing…
THIS MORNING: We can fly to Morocco again on 15 June + G7 summit this week.
Good morning, wonderful people, and welcome to a very brisk news day. This morning’s top story is the very welcome…
TONIGHT: More info about the Unified Tax Act + Are sovereign sukuk coming our way? ALSO: it’s inflation week, and a French delegation of 18 companies is arriving tomorrow.
It’s the unofficial fiscal policy issue this afternoon, ladies and gentlemen, as a number of key Finance Ministry-drafted taxation and…
Goldman says CBE could cut rates this month + reserves were up in May
The Central Bank of Egypt (CBE) can afford to cut rates by as much as 50 bps at its meeting…
Covid cases fall again + Sinovac’s jab gets WHO approval as IMF looks to plan to end pandemic
Covid cases are continuing to fall here at home: The Health Ministry reported 956 new covid-19 infections yesterday, down from…
Raya Trade doing consumer finance with Lyve + Hawaya hits 4 mn users
Other stories worth knowing about this afternoon: Raya Trade is offering consumer finance (pdf) to residents of compounds that use…
Daily cases back in three figures for the first time since April
Daily cases of covid-19 in Egypt have fallen back to three-figures for the first time in over a month, according…
Lower wheat imports + Elaraby inaugurates cooking appliances factory
A few things we’re keeping an eye on this morning: The Supply Ministry is reportedly looking to bring down its…
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