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It’s official: Gov’t is on board with a flexible exchange rate
“We as a government do agree that a flexible exchange rate is definitely good for the economy,” Planning Minister Hala…
THIS EVENING: Gov’t throws its weight behind FX flexibility + Liz Truss gets to work
Happy Tuesday, wonderful people. We have an interesting — albeit not-crazy-busy — hump day on the home front today. THE…
Egyptian economy grew 6.6% in FY 2021-2022, says planning minister
The Egyptian economy grew at a 6.6% clip in FY 2021-2022, up from 3.3% the previous year, according to initial…
Gov’t has ambitious FDI + export targets this year
Egypt wants to attract USD 10 bn of foreign direct investment during the current fiscal year, Planning Minister Hala El…
Egyptian economy grew by 6.2% in 2021-2022 -planning minister
Economic growth accelerates in FY2021-2022: The Egyptian economy grew at a 6.2% clip in FY2021-2022, up from 3.3% the previous…
Madbouly continues Egypt’s drive for fresh FDI in the UAE
Prime Minister Moustafa Madbouly will launch a new industrial partnership with the UAE and Jordan in Abu Dhabi today, according…
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…
THIS EVENING: Egypt is getting a 61.5k-ton wheat shipment from India + El Said discusses sustainable development strategy for coming fiscal year
Hump day is holding on to its title as news dump day, ladies and gentlemen, bringing us a rather busy…
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