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What we’re tracking on 28 December 2020
It’s t-minus four days until 2021 and New Year-itis is in full effect if the unprecedented volume of out-of-office replies…
Church to limit Christmas mass attendance as second wave gains force
Christmas mass at Egypt’s Orthodox churches will be limited to 20 attendees, including priests and other members of the clergy,…
Also on our radar on 24 December 2020
The European Bank for Reconstruction and Development (EBRD) has extended a USD 12 mn loan to Al Dau al Haram…
Buyers are lining up for Safi
Mansour Group, Pepsico, CocaCola Egypt, Nestlé, and steel conglomerate ElGarhy Group are reportedly interested in buying a stake in army-affiliated…
Also on our radar on 23 December 2020
Al Azhar issued a fatwa confirming that joining the Ikhwan is religiously forbidden on grounds that the group has engaged…
Enterprise talks to: Hoda Youssef, senior economist at the World Bank
Embracing the private sector: An interview with Hoda Youssef, senior economist at the World Bank. Earlier this week, the World…
Groundhog day
The launch of the long-awaited commodities exchange (Egycomex) has again been delayed, after Internal Trade Development Authority (ITDA) Chairman and…
Trade + transparency = private investment, says World Bank
Egypt’s private sector is yet to feel the benefits of the government’s economic reforms, and although the economy has stabilized…
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