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IMF gives initial approval for final tranche of USD 5.2 bn standby loan
Egypt expects to unlock the third and final USD 1.6 bn tranche of its USD 5.2 bn IMF standby loan…
THIS MORNING: Blinken is in town + IMF staff agreement on third SBA loan tranche + budget week rolls on
Good morning, friends. We’re almost at the weekend, and diplomacy dominates the press, the airwaves, and our issue today. We…
Egypt’s post-covid growth will need increased private sector involvement –European Commission
Egypt needs to involve the non-oil private sector in its sustainable covid recovery plan, according to an economic brief by…
Dongfeng plans to invest USD 12 mn in EV assembly with El Nasr
China’s Dongfeng has upped its planned investments in a plan to locally assemble EVs with El Nasr Automotive to USD…
Last Night’s Talk Shows: Biden and El Sisi’s call + IMF’s Mohieldin on covid-19 outlook
President Abdel Fattah El Sisi and US President Joe Biden’s phone call yesterday on reinforcing the Palestine-Israel ceasefire and reviving…
500k Sinopharm doses + raw materials to manufacture Sinovac land in Egypt
State-owned Vacsera can now begin manufacturing China’s Sinovac vaccine after the first batch of raw materials used to produce the…
Israel + Hamas reject Egyptian proposal for ceasefire
Israel and Hamas both appear to have rejected an unconfirmed Egyptian proposal to bring a ceasefire into effect as of…
Sudan gets USD 30 bn worth of pledges to cover bilateral, IMF debts
Sudan just got a USD 30 bn lifeline in the form of debt cancellation and funding pledges from IMF members…
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