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The rundown on yesterday’s cabinet meeting
A recent revamp of the standardized Thanaweya Amma exam received a nod from cabinet in its weekly meeting yesterday. The…
Egypt’s budget deficit down, remittances up
Egypt’s budget deficit shrank to EGP 134.9 bn, equivalent to 2.1% of GDP in 1Q2020-2021 compared to 2.3% during the…
2.3 mn jobs were lost during lockdown
Some 2.3 mn jobs were lost during the lockdown in 4Q2019-2020, according to statistics in the Finance Ministry report (pdf)…
Shippers, customs brokers win minor Customs Act concessions
LEGISLATION WATCH- Shipping agencies and customs brokers have won minor concessions from the Finance Ministry after challenging some elements of…
Diplomacy + Foreign Trade on Sunday, 22 November 2020
Headlining diplomacy news this morning: Sudan boycotts “useless” GERD talks: Sudan walked away from negotiations over the Grand Ethiopian Renaissance…
Shoukry meets Eritrean foreign minister amid conflict in Ethiopia
Topping diplomatic coverage this morning: The Eritrean foreign minister was in Cairo yesterday to discuss the growing conflict in Ethiopia…
Egyptian bonds won’t be “Euroclearable” for at least another year.
EXCLUSIVE- In other debt news, don’t expect Egypt’s sovereign debt to be “Euroclearable” for at least another year: Egypt expects…
Draft sukuk law heads to the House
LEGISLATION WATCH- The Finance Ministry has submitted the draft law governing sovereign sukuk to the House of Representatives after it…
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