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We’re getting EUR 100 mn from the EU to tackle food insecurity
The EU is providing Egypt with EUR 100 mn in support to help us tackle rising food prices amid the…
Inflation hits private sector activity in March
Activity in Egypt’s non-oil private sector saw its sharpest decline in 21 months in March as the effects of the…
The Cairene smog comes at a cost
Air pollution in Egypt has been silently chipping away at our health and productivity: Air pollution costs Egypt more than…
Saudi Arabia pledges USD 15 bn to support Egypt through Ukraine crisis
Saudi Arabia has deposited USD 5 bn with the Central Bank of Egypt (CBE), state-run Saudi Press Agency reported yesterday,…
Gov’t downgrades FY 2021-2022 GDP forecast
Surprise: The economy won’t grow as much as expected this year due to Russia’s war in Ukraine: The government has…
Here we go: Egypt, IMF confirm talks over new program
It’s official: The government has requested support from the IMF to mitigate the impact of the war in Ukraine on…
More chatter that we are, indeed, going to talk to the IMF about a new program
More analysts are speculating that thefiscal stimulus package and monetary policy measures announced Monday will pave the way for a…
Cabinet approves austerity budget, trims GDP outlook
GDP forecast downgraded as cabinet signs off on 2022-2023 budget: Egypt has revised downwards its GDP forecast for FY 2022-2023,…
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