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Wage, pension hikes given initial House approval amid criticism
Ministers not doing enough in inflation fight, say pro-govt and opposition MPs
Yet another income tax exemption increase. PLUS: Gov’t trims growth forecast.
The move is expected to impact 22 mn people
A new gov’t investment fund wants to attract FDI from expats
Eight Egyptian businessmen living abroad are on the board
THIS MORNING: We’ll do whatever it takes to secure Saudi investment -Maait
Riyadh is yet to pull the trigger on its pledge to invest bns of USD in Egypt
Growth slows in 2Q 2022-2023
The economy expanded at a 8.3% clip in the same period last year
Tourist arrivals jump by a third in January and February. PLUS: Madbouly meets GM + Egypt-Saudi interconnector.
Fitch expects tourism revenues to rise almost 20% this year
The signs investors are looking for — a conversation with Simon Kitchen, managing director and head of strategy at EFG Hermes Research
Coffee With: Simon Kitchen, managing director and head of strategy at EFG Hermes Research. Simon Kitchen (LinkedIn) leads on strategy,…
Slow reform progress isn’t getting the confidence of investors
This morning in the foreign press: Markets are concerned about the pace of reform here in Egypt. Concerns over our…
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