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Logistics (MENA) 
How telecos are coping with macroeconomic headwinds
Operating costs have jumped 60-70% over the past few months
Foreign policy tops talk show coverage
Obstacles remain to normalizing ties between Egypt and Turkey, says local analyst
IMF could delay Egypt loan review to September, says economist
Plus: It’s the last day for exporters to submit subsidy applications
Car sales drop 69% in April
Monthly auto sales dropped to their lowest levels since at least the start of 2018
Tax topped the agenda on the nation’s talk shows
FinMin defends the proposed tax hikes
FinMin to take USD 500 mn panda bond issuance to market in 3Q 2023
The ministry delayed the issuance due to volatile market conditions
Egypt named among top emerging markets for foreign investment
UAE, Saudi Arabia and Qatar among the most attractive FDI destinations globally
Egypt has options to solve the FX-devaluation conundrum
Today: AfDB meetings, SCZone China roadshow, and EFG Hermes AGM
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