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THIS EVENING: Egypt’s GDP growth slows in 3Q + Texas mass shooting prompts renewed gun law reform push
Good afternoon, wonderful people, and welcome to what we affectionately call almost-THURSDAY. The weekend is almost upon us — but…
THIS EVENING: Gov’t addresses how Egypt will finance its Vision 2030? + Online used-car retailer Sylndr raises USD 12.6 mn pre-seed round
Happy Monday, friends, and welcome to another relatively busy afternoon. We have a couple of stories developing today, but you’ll…
Global growth prospects appear to be weakening
Global growth prospects appear to be weakening after the EU cut its GDP forecast and data out of China pointed…
Gov’t lowers economic growth target for next fiscal year Plus: Remittances were up again in March
The Madbouly government has cut its 2022-2023 growth forecast to 4.5% from 5.5%, a cabinet statement quoted Prime Minister Moustafa…
IMF upgrades Egypt’s GDP growth in 2022 despite a “significant slowdown” globally
The IMF has cut its global GDP forecast for this year and the next as surging inflation and economic fallout…
House Planning Committee to review 2022-2023 draft budget
The House of Representatives voted in plenary session yesterday to send the draft FY 2022-2023 budget to the budget and…
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…
EBRD trims Egypt’s growth outlook for 2022 + FinMin mulling price of oil in 2022-2023 budget
EBRD trims Egypt 2022 growth outlook on inflation concerns: The European Bank for Reconstruction and Development (EBRD) has downgraded Egypt’s…
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