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Last Night’s Talk Shows: A new minimum wage + beware internet scams
The one theme during last night’s talk shows: money, be it the government raising wages, a bn-EGP investment scam, or…
THIS MORNING: It’s PMI day + Uber fares hiked (again)
Good morning, friends, and welcome to a very brisk news morning as we start this first full week of March.…
The economy continues to get attention internationally
The economy is topic du jour in the foreign press this morning: The Associated Press is the latest to look…
Auto sales fall 75% y-o-y in January
Auto sales hit a new low in January: Auto sales fell 75% in January compared to the same month a…
Gov’t to miss deficit, debt targets on higher rates, import bill
Egypt is now predicting a debt level of 93.0% of GDP by June 2023
Fuel prices are rising 7-11% today
Cost of mazut for most buyers will increase by 20%
Supply Ministry could import more chicken, rice ahead of Ramadan. Plus: Egypt-Saudi interconnector and news from EgyptAir and CIB
COMMODITIES- The Supply Ministry is stocking up on imported poultry + rice ahead of Ramadan: The Supply Ministry is planning…
Inflation is topic du jour in the foreign press
The economic crisis is front and center in the international press this morning, foreign outlets commenting on the impact of…
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