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What we’re tracking on 7 July 2020
BIG BUSINESS NEWS OF THE DAY: Business conditions improved substantially in June, but private-sector activity was still in contraction mode,…
Egypt, UK trade negotiations in final stages -trade minister
Egypt, UK Brexit trade negotiations in final stages -Gamea: Negotiations between Egypt and the UK over the terms of a…
Egypt settles c. EGP 3 bn in overdue exports subsidies in April, May
The Export Subsidy Fund doled out nearly EGP 3 bn in overdue export subsidies in April and May, bringing the…
Export Subsidy Fund signs 41 new pacts to dole out subsidy arrears
The Export Subsidy Fund signed 41 new agreements to dish out subsidy arrears to exporters, according to a statementfrom the…
ITIDA disburses second batch of export subsidies to Egyptian IT firms
ITIDA disburses second batch of export subsidies to tech firms: The CIT Ministry’s Information Technology Industry Development Agency (ITIDA) has…
What we’re tracking on 6 April 2020
Egypt’s PMI figures for March are out and, well, they could have been worse. With output at three-year lows and…
Gov’t drops sukuks and tax breaks from export subsidy arrears program
Gov’t drops sukuk and tax breaks from export subsidy arrears program: The government has dropped sukuk issuances and tax and…
Export Subsidy Fund begins paying out EGP 1 bn in arrears
Export Subsidy Fund begins paying out EGP 1 bn in arrears: The state-run Export Subsidy Fund on Tuesday began dispensing…
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