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Egypt in the news on 6 August 2019
Sunday’s car bomb explosion outside of the National Cancer Institute in Downtown Cairo is dominating the conversation in the foreign…
Government seeking to increase oil hedging contracts this fiscal year
EXCLUSIVE- Gov’t mulls signing fuel hedging contracts with more banks this fiscal year: The government is planning to at least…
Health Ministry to spend EGP 673 to overhaul 36 PHC facilities under new system
The Health Ministry is planning to spend EGP 673 mn to renovate 36 primary healthcare facilities enrolled in the first…
Egypt in the news on 31 July 2019
It’s another quiet morning for Egypt in the foreign press. Among the few headlines worth a quick skim: The IMF…
Egypt poverty rate stands at 32.5%, according to latest CAPMAS income report
Egypt’s poverty rate in FY2017-2018 stood at 32.5%, according to Capmas’ income and expenditure survey, the highlights of which were…
Egypt working on new income tax, VAT laws -Maait
LEGISLATION WATCH- Brace yourself for a brand new income tax law: The government is working on a new income tax…
Egypt’s current account deficit to continue to widen as trade balance deteriorates -Fitch
We may be close to finishing the IMF program, but our trade balance isn’t looking much better: Egypt’s current account…
The IMF’s emerging markets outlook is looking sluggish amid expectations for “subdued” global growth
The IMF’s emerging markets outlook is looking sluggish amid expectations for “subdued” global growth: The IMF has revised downwards its…
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